Stifel Strengthens Leadership Team with New Equity Advisory Chief Holding Major Stake
Rhea-AI Filing Summary
Raymond Charles Bradford, Co-Head of Global Institutional Equity Advisory at Stifel Financial Corp (NYSE: SF), filed an initial Form 3 statement disclosing his beneficial ownership position as of June 6, 2025.
The filing reveals Bradford's holdings include:
- 42,555 shares of common stock held directly
- 59,186 phantom stock units that vest in 20% increments over five years with no expiration date, convertible to common stock at $0
This initial disclosure, filed on June 28, 2025, establishes Bradford's baseline ownership position as a new insider at Stifel Financial. The phantom stock units represent a significant portion of his total beneficial ownership and serve as a long-term incentive aligned with shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Raymond Charles Bradford
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 59,186 shares (Direct);
Common Stock — 42,555 shares (Direct)
Footnotes (2)
- F1. Units vest in 20% increments over a five year period.
- F2. No expiration date for these Units
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is Raymond Charles Bradford at Stifel Financial (SF)?
Raymond Charles Bradford serves as Co-Head Global Institutional Equity Advisory at Stifel Financial Corp (SF). According to the Form 3 filing dated June 28, 2025, he is neither a director nor a 10% owner but holds an officer position within the company.
What derivative securities does Raymond Bradford hold in SF?
Raymond Bradford holds 59,186 Phantom Stock Units of SF as derivative securities. These units vest in 20% increments over a five-year period, have no expiration date, and have a conversion price of $0.
When do Raymond Bradford's SF Phantom Stock Units vest?
According to the Form 3 filing's explanatory notes, Bradford's Phantom Stock Units vest in 20% increments over a five-year period, meaning 20% of the 59,186 units will vest each year.
What is the total value of SF securities Bradford beneficially owns?
Bradford beneficially owns a total of 42,555 shares of SF common stock held directly, plus 59,186 Phantom Stock Units as derivative securities, for a combined total of 101,741 potential shares (assuming full vesting and conversion of the Phantom Stock Units).