Piper Sandler Co`S SEC Filings

Piper Sandler Companies (PIPR) had a Form 144 filed for a planned sale of restricted stock. The notice covers up to 598 shares of common stock, with an aggregate market value of $189,595.18, to be sold on the NYSE through broker SIDCO/ITG in Oaks, Pennsylvania. The approximate sale date indicated is November 18, 2025.

The securities were acquired on May 22, 2025 as an annual director grant as compensation from Piper Sandler Companies, and the same amount, 598 shares, is listed as acquired and now intended for sale. The filing notes that the company had 17,690,000 shares of this class of stock outstanding, providing context for the size of the planned sale.

Piper Sandler Companies (PIPR)598 shares of common stock in an open-market transaction coded "S" (sale). The weighted average sale price was $317.05 per share, with individual trades executed between $317.04 and $317.16.

After this transaction, the director beneficially owns 19,217 shares of Piper Sandler common stock in direct form. The sale was executed under standard reporting rules for insiders and reflects a routine change in the director’s personal holdings rather than an operational change at the company.

Piper Sandler Companies reported an insider equity transaction by its Chief Financial Officer. On 11/14/2025, the CFO disposed of 1,464 shares of common stock in a transaction coded "F" at a price of $0 per share, typically indicating shares withheld to cover taxes on a prior equity award. Following this transaction, the CFO directly beneficially owned 11,792 shares of Piper Sandler common stock.

Piper Sandler Companies (PIPR): President Debbra L. Schoneman reported insider transactions on 11/05/2025. She exercised 2,500 employee stock options at an exercise price of $99 per share, then sold portions of common stock in multiple trades at weighted-average prices.

Reported sales included 700 shares at $328.68, 443 shares at $330.09, 1,237 shares at $331.19, and 120 shares at $331.98. Following these transactions, she directly held 2,896 common shares. In addition, 56,264 common shares are held indirectly through revocable living trusts where she and her spouse serve as co-trustees. After the exercise, 15,167 derivative (option) securities remained beneficially owned.

Piper Sandler Companies (PIPR) had a Rule 144 notice filed for a proposed sale of 2,500 shares of common stock. The filing lists an aggregate market value of $825,826, an approximate sale date of November 5, 2025, execution through Charles Schwab & Co., Inc., and trading on the NYSE.

The shares were acquired on November 5, 2025 via an employee stock option exercise with a broker payment for cashless exercise. Shares outstanding were 17,689,597 as of the filing’s disclosure.

Piper Sandler Companies reported stronger Q3 2025 results, powered by advisory and underwriting activity. Total revenues were $480,094,000, up from $360,928,000 a year ago. Net income attributable to the company rose to $60,266,000 from $34,789,000, with diluted EPS of $3.38 versus $1.96.

Investment banking led the quarter at $330,588,000 (from $241,470,000), while institutional brokerage contributed $109,490,000 (from $100,934,000). Non-interest expenses increased to $371,849,000, primarily from compensation tied to higher production. For the nine months, revenues reached $1,237,225,000 and diluted EPS was $9.42.

On the balance sheet, cash and cash equivalents were $113,997,000 and shareholders’ equity was $1,463,164,000. Operating cash flow for the nine months was $(143,173,000), reflecting working capital swings in broker receivables and compensation. The company declared $0.70 per share in quarterly dividends and recorded $5.00 per share year-to-date. Piper Sandler also closed the acquisition of G Squared on September 12, adding $7.4 million of goodwill and $2.2 million of customer relationships.

Piper Sandler Companies reported that it released financial results for its third fiscal quarter ended September 30, 2025. The company furnished a press release dated October 31, 2025 as Exhibit 99, providing the detailed results. This disclosure was made under Item 2.02, Results of Operations and Financial Condition, and Item 9.01, Financial Statements and Exhibits.

The filing is an administrative update signaling that quarterly results are available through the attached press release. The document was signed by the Chief Financial Officer, Katherine P. Clune.

Brian R. Sterling, a director of Piper Sandler Companies (PIPR), reported a non‑market acquisition on 09/30/2025 that increased his beneficial ownership to 25,444 shares. The Form 4 shows Mr. Sterling elected to defer his quarterly director cash retainer, which resulted in an accrual of 73 shares of phantom stock. Those phantom shares are payable in common stock on the last day of the year in which his service as a director terminates. The transaction was filed on a Form 4 signed on 10/01/2025.

Philip E. Soran, a director of Piper Sandler Companies (PIPR), reported an acquisition on 09/30/2025 of 73 shares of phantom stock by electing to defer his quarterly director cash retainer. The filing shows 73 phantom shares recorded at $0 price and states those phantom shares become payable in common stock on the last day of the year in which his service as a director terminates. Following the reported transaction, the reporting person beneficially owned 19,815 common shares.