Piper Sandler (PIPR) president logs stock grant and tax dispositions

Rhea-AI Filing Summary

Piper Sandler Companies president Debbra L. Schoneman reported several common stock transactions. She acquired 1,524 shares as a grant or award, increasing her directly held stake before related tax transactions. Three separate tax-withholding dispositions totaling 331, 196, and 150 shares were used to cover tax liabilities, leaving 3,743 directly owned shares. She also reports 56,264 shares held indirectly through a living trust, reflecting additional indirect ownership rather than a new transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schoneman Debbra L.

(Last) (First) (Middle)

350 NORTH 5TH STREET, SUITE 1000

(Street)

MINNEAPOLIS MN 55401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PIPER SANDLER COMPANIES [ PIPR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		A		1,524	A	$0	4,420	D
Common Stock	02/17/2026		F		331	D	$0	4,089	D
Common Stock	02/17/2026		F		196	D	$0	3,893	D
Common Stock	02/17/2026		F		150	D	$0	3,743	D
Common Stock								56,264	I	Through Living Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ James Grant for Debbra L. Schoneman	02/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider stock transactions did PIPER SANDLER (PIPR) report for Debbra L. Schoneman?

Debbra L. Schoneman reported a grant of 1,524 shares of common stock and several related tax-withholding dispositions. These moves adjust her direct holdings while settling tax obligations tied to the equity award.

How many PIPER SANDLER (PIPR) shares does Debbra L. Schoneman own directly after these Form 4 transactions?

After the reported transactions, Debbra L. Schoneman directly owns 3,743 shares of PIPER SANDLER common stock. This figure reflects the award and subsequent tax-withholding share dispositions recorded on the same transaction date.

What were the tax-withholding share dispositions reported by Debbra L. Schoneman at PIPER SANDLER (PIPR)?

She reported three tax-withholding dispositions coded “F” involving 331, 196, and 150 shares of common stock. These transactions satisfied tax liabilities associated with her equity award rather than representing open-market sales.

Does Debbra L. Schoneman have indirect ownership of PIPER SANDLER (PIPR) shares?

Yes. In addition to her direct holdings, Debbra L. Schoneman reports 56,264 shares of PIPER SANDLER common stock held indirectly through a living trust, reflecting additional beneficial ownership outside her personal direct account.

What role does Debbra L. Schoneman hold at PIPER SANDLER (PIPR) in this Form 4 filing?

Debbra L. Schoneman is identified as the President of PIPER SANDLER COMPANIES in the Form 4. The filing details her equity grant and related tax-withholding stock dispositions in that executive capacity.