Christopher Reichert (SF) granted 9,245 phantom units and converts 7,396 to stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STIFEL FINANCIAL CORP executive Christopher K. Reichert, CEO of Stifel Bank & Trust, reported several stock-based compensation transactions. He received a grant of 9,245 Phantom Stock Units tied to a PRSU award agreement dated February 18, 2022, of which 80 percent are vested and the remaining 20 percent will vest in one year. He also exercised 7,396 Phantom Stock Units, converting them into 7,396 shares of common stock held indirectly by a trust. In a related move, 3,261 common shares held by the trust were disposed of at $120.49 per share to satisfy tax withholding obligations rather than as an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,396 shares exercised/converted
Mixed
4 txns
Insider
REICHERT CHRISTOPHER K
Role
CEO of Stifel Bank & Trust
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 9,245 | $0.00 | -- |
| Exercise | Phantom Stock Units | 7,396 | $0.00 | -- |
| Exercise | Common Stock | 7,396 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,261 | $120.49 | $393K |
Holdings After Transaction:
Phantom Stock Units — 23,155 shares (Direct);
Common Stock — 62,741 shares (Indirect, by Trust)
Footnotes (1)
- These units are being issued based on the PRSU award agreement dated February 18, 2022. Of these units, 80 percent are currently vested and the remaining 20 percent will vest in one year. No expiration date for these Units Currently exercisable.
FAQ
What insider transactions did Christopher Reichert report for STIFEL FINANCIAL CORP (SF)?
Christopher Reichert reported a grant of 9,245 Phantom Stock Units, the exercise of 7,396 Phantom Stock Units into common stock held by a trust, and a 3,261-share tax-withholding disposition at $120.49 per share, all dated February 18, 2026.
What are the vesting terms of Christopher Reichert’s new Phantom Stock Units at SF?
The 9,245 Phantom Stock Units are issued under a PRSU award agreement dated February 18, 2022. According to the disclosure, 80 percent of these units are currently vested, while the remaining 20 percent are scheduled to vest in one year, with no expiration date stated.
How many Phantom Stock Units does Christopher Reichert hold after these SF transactions?
After the reported grant and exercise activity, Reichert holds 23,155 Phantom Stock Units. This figure reflects his remaining derivative position in Phantom Stock Units following the 9,245-unit grant and the 7,396-unit exercise recorded on February 18, 2026.