Form 4: Stifel Financial Corp: Executive Thomas Michaud Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior Vice President Thomas Michaud reports transactions involving Stifel Financial Corp stock, including the acquisition and disposal of common stock and phantom stock units.
Summary
- On February 3, 2025, Thomas Michaud, a Senior Vice President of Stifel Financial Corp, reported changes in beneficial ownership of the company's stock.
- Michaud acquired 10,661 shares of common stock and disposed of 5,261 shares.
- The disposal of shares was priced at $117.51.
- He also acquired 13,326 phantom stock units and disposed of 10,661 phantom stock units.
- Following these transactions, Michaud directly owns 87,652 shares of common stock and 32,680 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity. It is a standard practice for publicly traded companies and their executives.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive stock ownership.
- The filing ensures compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| January 27, 2021 | Date of the PRSU award agreement related to the phantom stock units. |
| February 3, 2025 | Date of the reported transactions. |
| February 5, 2025 | Date of signature on the report. |
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