Stifel Financial (NYSE: SF) CFO receives new phantom stock awards

Rhea-AI Filing Summary

Stifel Financial Corp Chief Financial Officer James M. Marischen reported grants of phantom stock units on February 27, 2026. He acquired 9,723 and 5,402 phantom units at $74.05 per unit, which vest in 20% increments over five years and 10% increments over ten years, with no expiration date. Following these awards, his reported holdings include phantom stock unit balances of 38,991 and 44,393 units, and 112,545 shares of common stock, adjusted for a 3-for-2 stock split payable on February 26, 2026.

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^*

Marischen James M

(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)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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								112,545(1)	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	02/27/2026		A		9,723		(2)	(3)	Common Stock	9,723	$74.05	38,991(1)	D
Phantom Stock Units	$0	02/27/2026		A		5,402		(4)	(3)	Common Stock	5,402	$74.05	44,393(1)	D

Explanation of Responses:

1. This total has been adjusted to reflect the 3-for-2 stock split payable on February 26, 2026.

2. Units vest in 20% increments over a five year period.

3. No expiration date for these Units

4. Units vest in 10% increments over a 10 year period.

	/s/ James Marischen	03/03/2026
	** 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 CFO James M. Marischen report on this Form 4?

James M. Marischen reported receiving two grants of phantom stock units on February 27, 2026. The awards covered 9,723 and 5,402 units at $74.05 per unit, increasing his derivative-based holdings in STIFEL FINANCIAL CORP.

How many Stifel (SF) phantom stock units does the CFO hold after these awards?

After these grants, the CFO’s reported phantom stock unit balances are 38,991 units for one award series and 44,393 units for another. These figures reflect the accumulation of prior grants plus the new February 27, 2026 awards disclosed in the filing.

What are the vesting terms of the phantom stock units granted to the SF CFO?

The phantom stock units vest gradually, with one grant vesting in 20% increments over five years and another vesting in 10% increments over ten years. Footnotes also state there is no expiration date for these units, indicating long-term incentive design.

How many Stifel (SF) common shares does the CFO beneficially own after these transactions?

The Form 4 shows the CFO directly holding 112,545 shares of common stock after the reported transactions. A footnote explains this total is adjusted for a 3-for-2 stock split payable on February 26, 2026, providing consistency with the new share structure.

Did the SF CFO buy or sell common stock in this Form 4 filing?

The filing primarily reflects grant or award acquisitions of phantom stock units rather than open-market stock purchases or sales. The common stock line is reported as a holding entry, with 112,545 shares shown following adjustment for the 3-for-2 stock split payable February 26, 2026.