[144] Piper Sandler Companies SEC Filing

Rhea-AI Filing Summary

Piper Sandler Companies (PIPR) submitted a Form 144 notifying the proposed sale of 850 common shares through Charles Schwab, with an aggregate market value of $285,370. The filing reports 17,690,540 shares outstanding and an approximate sale date of 08/12/2025.

The securities were acquired on 05/15/2020 by restricted stock lapse from Piper Sandler Companies and were received as equity compensation. The filer reports Nothing to Report for any sales in the past three months and includes the standard representation that no undisclosed material adverse information is known.

Positive

• Disclosure filed under Rule 144 specifying the proposed sale of 850 common shares with an aggregate market value of $285,370.
• Provenance disclosed: shares were acquired on 05/15/2020 via restricted stock lapse and identified as equity compensation.
• Broker identified: sale to be executed through Charles Schwab & Co., indicating an established execution channel.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine Form 144 discloses a small, planned sale of 850 shares acquired as equity compensation; appears informational, not material.

The filing states a proposed sale of 850 common shares valued at $285,370, to be executed via Charles Schwab on 08/12/2025. The shares were acquired on 05/15/2020 as a restricted stock lapse and were part of equity compensation. The filer reports no sales in the prior three months. Based solely on the disclosed numbers, this is a straightforward compliance notice under Rule 144 with no additional material events disclosed.

Corporate Governance / Compliance Specialist

TL;DR: Filing reflects compliance with Rule 144; documentation shows provenance of shares and broker for orderly disposition.

The notice identifies the nature of acquisition (restricted stock lapse) and the payment type (equity compensation), and names the executing broker. It also includes the required seller representation regarding undisclosed material information. These elements meet the typical disclosure expectations for a proposed insider sale and provide the key facts regulators and investors would look for in a Form 144 filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	850	285370.00	17690540	08/12/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/15/2020	Restricted Stock Lapse	PIPER SANDLER COMPANIES			850	05/15/2020	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Piper Sandler (PIPR) file in this Form 144?

The filer notified a proposed sale of 850 common shares under Rule 144, with an aggregate market value of $285,370.

When is the proposed sale scheduled for PIPR shares?

The filing lists an approximate sale date of 08/12/2025 for the proposed transaction.

How were the PIPR shares acquired and when?

The securities were acquired on 05/15/2020 by restricted stock lapse and are described as equity compensation.

Who will execute the sale for PIPR?

The sale is listed to be executed by broker Charles Schwab & Co.

Has the filer sold any PIPR securities in the past three months?

The Form 144 reports Nothing to Report for securities sold during the past three months.