Stifel Financial (NYSE: SF) director settles 628 phantom units and withholds 260 shares

Rhea-AI Filing Summary

Stifel Financial Corp director Thomas W. Weisel reported transactions in company equity on January 30, 2026. He converted 628 Phantom Stock Units, which were currently exercisable with no expiration date, into 628 shares of Common Stock at an exercise price of $0.

To cover tax withholding on this equity event, 260 shares of Common Stock were withheld at a price of $126.24 per share, reported under transaction code F. After these transactions, Weisel directly owned 9,941 shares of Stifel Financial Common Stock.

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^*

WEISEL THOMAS W

(Last) (First) (Middle)

ONE MONTGOMERY STREET, SUITE 3700

(Street)

SAN FRANCISCO CA 94104

(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)

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

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		628	A	$0	10,201	D
Common Stock	01/30/2026		F		260	D	$126.24	9,941	D

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			628	(1)	(2)	Common Stock	628	$0	0	D

Explanation of Responses:

1. Currently exercisable.

2. No expiration date for these Units

	/s/ Thom Weisel	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did SF director Thomas W. Weisel report?

Thomas W. Weisel reported exercising 628 Phantom Stock Units into 628 shares of Stifel Financial Common Stock and a related tax withholding of 260 shares. Following these transactions, he directly held 9,941 shares of the company’s common stock.

What are Phantom Stock Units in the SF Form 4 filing?

The Phantom Stock Units were equity-based awards that were currently exercisable with no expiration date. On January 30, 2026, 628 units were converted into 628 shares of Stifel Financial Common Stock at an exercise price of $0 per unit.

How many SF shares does Thomas W. Weisel own after these transactions?

After the reported January 30, 2026 transactions, Thomas W. Weisel directly owned 9,941 shares of Stifel Financial Common Stock. This reflects the exercise of 628 Phantom Stock Units and the share withholding of 260 shares for tax purposes.

Why were 260 SF shares reported under transaction code F?

The 260 Stifel Financial Common Stock shares under code F represent shares withheld to satisfy tax obligations related to the equity transaction. These shares were valued at $126.24 each and reduced the director’s post-transaction holdings to 9,941 shares.

Did Thomas W. Weisel pay cash to exercise the Phantom Stock Units?

The 628 Phantom Stock Units were exercised at an exercise price of $0, so no cash payment was reported for the conversion into 628 shares of Stifel Financial Common Stock. A separate share withholding handled the related tax obligations.

What was the transaction date for the SF insider activity?

All reported transactions occurred on January 30, 2026. On that date, 628 Phantom Stock Units were converted into 628 shares of Common Stock, and 260 shares were withheld at $126.24 each to cover tax obligations linked to the equity event.