Stifel Financial (SF) bank CEO converts units, withholds shares for tax

Rhea-AI Filing Summary

Stifel Financial Corp. insider Christopher K. Reichert, CEO of Stifel Bank & Trust, reported routine equity compensation activity. On January 30, 2026, he exercised 1,568 Phantom Stock Units into the same number of common shares at $0 exercise price.

The resulting 1,568 common shares are held indirectly by a trust, bringing the trust’s holdings to 55,345 common shares after the transactions. To cover tax withholding, 694 common shares were withheld at $126.24 per share. Following the exercise, Reichert also holds 13,910 Phantom Stock Units directly, which are currently exercisable with no expiration date.

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^*

REICHERT CHRISTOPHER K

(Last) (First) (Middle)

501 NORTH BROADWAY

(Street)

ST. LOUIS MO 63102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STIFEL FINANCIAL CORP [ SF ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO of Stifel Bank & Trust

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		M		1,568	A	$0	56,039	I	by Trust
Common Stock	01/30/2026		F		694	D	$126.24	55,345	I	by 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
Phantom Stock Units	$0	01/30/2026		M			1,568	(1)	(2)	Common Stock	1,568	$0	13,910	D

Explanation of Responses:

1. Currently exercisable.

2. No expiration date for these Units

	/s/ Christopher Reichert	02/03/2026
	** 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 transactions did SF executive Christopher Reichert report?

Christopher K. Reichert reported exercising 1,568 Phantom Stock Units into common stock and a related tax withholding transaction. These moves reflect routine equity compensation activity, converting derivative units into shares and withholding some shares at $126.24 each to satisfy tax obligations.

How many Stifel Financial (SF) shares does the trust hold after this Form 4?

After the reported transactions, a trust associated with Christopher K. Reichert indirectly holds 55,345 shares of Stifel Financial common stock. This figure reflects the exercise of 1,568 shares and the withholding of 694 shares for taxes on January 30, 2026.

What are the key details of the Phantom Stock Units in this SF filing?

Reichert exercised 1,568 Phantom Stock Units at an exercise price of $0, receiving the same number of common shares. The filing notes the units are currently exercisable and have no expiration date, and 13,910 Phantom Stock Units remain beneficially owned directly afterward.

Was there a tax-related share withholding in this Stifel Financial Form 4?

Yes. The filing shows a transaction coded F, where 694 common shares were disposed of at $126.24 per share. This code indicates shares withheld to satisfy tax obligations arising from the equity award exercise on January 30, 2026.

Is Christopher Reichert’s ownership in SF direct or through an entity?

According to the filing, Phantom Stock Units are held directly by Christopher Reichert, while the common stock received from the exercise is held indirectly by a trust. The trust holds 55,345 common shares following the reported transactions.

What role does Christopher Reichert hold at Stifel Financial Corp. (SF)?

The Form 4 identifies Christopher K. Reichert as an officer of Stifel Financial Corp., serving as CEO of Stifel Bank & Trust. The reported transactions reflect his activity as a Section 16 reporting person for the company’s equity compensation.