Every Form 4 that Stifel Fin Corp (SF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow SF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SF filings page.
Stifel Financial Corp director Maryam S. Brown reported two sales of the company’s common stock on July 23, 2026. She sold 2,500 shares at $79.2500 per share and 2,200 shares at $79.1400 per share, totaling 4,700 shares, in sales described as open market or private transactions. The filing indicates these trades were not made under a Rule 10b5-1 trading plan and reflect direct ownership transactions.
Berlew Adam T. reported acquisition or exercise transactions in this Form 4 filing.
STIFEL FINANCIAL CORP director Adam T. Berlew reported a compensation grant of derivative equity tied to the company’s common stock. He received 2,450 Phontom Stock Units on June 9, 2026 at a reference price of $71.40 per unit, each linked to one share of common stock.
The units vest quarterly over a one-year period and have no stated expiration date, providing deferred, stock-based compensation rather than an immediate cash transaction. Separately, the filing shows he directly holds 24,475 shares of Stifel common stock following the reported transactions.
Brown Maryam S. reported acquisition or exercise transactions in this Form 4 filing.
Stifel Financial Corp director Maryam S. Brown reported a compensation-related grant of 2,450 Phantom Stock Units tied to the company’s common stock, using a reference price of $71.40 per unit. These units vest quarterly over a one-year period and have no stated expiration date.
Following the reported transactions, Brown holds 10,429 shares of common stock directly, in addition to the new phantom units. The filing reflects equity-based director compensation rather than an open-market purchase or sale.
BROWN MICHAEL W reported acquisition or exercise transactions in this Form 4 filing.
STIFEL FINANCIAL CORP director Michael W. Brown reported a compensation-related grant of 2,450 Phantom Stock Units. These units were awarded on June 9, 2026 at a reference price of $71.40 per unit and are tied to the company’s common stock.
The Phantom Stock Units vest quarterly over a one-year period, providing Brown with equity-based incentives over time, and the footnotes state there is no expiration date for these units. Following the reported transactions, Brown directly holds 103,264 shares of common stock, giving context for his existing ownership stake alongside the new award.
Carnoy Lisa Landau reported acquisition or exercise transactions in this Form 4 filing.
Stifel Financial Corp director Lisa Landau Carnoy reported a compensation-related equity grant. She received 2,450 Phantom Stock Units tied to Stifel common stock at a reference value of $71.40 per unit. These units vest quarterly over a one-year period and have no stated expiration date.
The filing also shows she directly holds 10,611 shares of Stifel common stock after the reported transactions. The Phantom Stock Units represent a deferred, stock-based form of compensation rather than an open-market purchase or sale.
Kavanaugh James P. reported acquisition or exercise transactions in this Form 4 filing.
STIFEL FINANCIAL CORP director James P. Kavanaugh received a grant of 2,450 Phantom Stock Units tied to the company’s common stock. The units were awarded at a reference price of $71.40 per unit and vest quarterly over a one-year period, with no stated expiration date.
In addition to this grant, Kavanaugh directly holds 13,626 shares of Stifel common stock as of the reported date, reflecting his ongoing equity stake in the company.
Nesi Victor reported acquisition or exercise transactions in this Form 4 filing.
Stifel Financial Corp director Victor Nesi reported updated equity holdings and a new compensation grant. He received 2,450 Phantom Stock Units, each tied to one share of common stock at a reference price of $71.40. These units vest quarterly over one year and have no stated expiration date. Following this award, his Phantom Stock Unit balance is 90,962 units. The filing also lists 247,571 shares of common stock held directly, plus additional indirect holdings through a children's trust, a family trust, and another trust structure.
PEACOCK DAVID A reported acquisition or exercise transactions in this Form 4 filing.
STIFEL FINANCIAL CORP director David A. Peacock reported a routine compensation grant and his current indirect holdings. He received 2,450 Phantom Stock Units tied to Stifel common stock at $71.40 per unit. These units vest quarterly over one year and have no stated expiration date.
Following the grant, Peacock holds 2,450 Phantom Stock Units directly and 13,764 shares of common stock indirectly through a trust. The filing reflects compensation-related equity rather than open-market buying or selling.
Grady Robert Edward reported acquisition or exercise transactions in this Form 4 filing.
STIFEL FINANCIAL CORP director Robert Edward Grady received a compensation grant of 2,450 Phantom Stock Units. These derivative units, tied to the company’s Common Stock, were awarded on June 9, 2026 at a reference price of $71.40 per unit.
The units vest quarterly over a one-year period, providing staged equity-based compensation, and the company notes there is no expiration date for these units. Separately, Grady holds 23,144 shares of Common Stock directly following the reported holdings entry, indicating an existing equity stake alongside the new award.
Stifel Financial Corp director Michael J. Zimmerman reported a new equity-based compensation grant. He received 2,450 Phantom Stock Units on Common Stock at a reference value of $71.40 per unit, classified as a grant or award acquisition. The units vest quarterly over a one-year period and have no expiration date. Following this filing, Zimmerman holds 71,562 shares of Common Stock directly, and 2,450 Phantom Stock Units tied to an equivalent number of underlying common shares.
Markus Maura A. reported acquisition or exercise transactions in this Form 4 filing.
STIFEL FINANCIAL CORP director Maura A. Markus reported a new equity-based award. On June 9, 2026, she received 2,450 Phantom Stock Units, each valued at $71.40 and tied to an equal number of shares of common stock.
The filing notes these units vest quarterly over a one-year period and have no expiration date. A separate line shows she holds 44,688 shares of common stock directly following the reported transactions, reflecting her existing equity position.
Stifel Financial Corp director Michael W. Brown exercised 2,812 Phantom Stock Units into an equal number of Common Stock shares on June 4, 2026. Following this derivative exercise, he directly holds 103,264 Common Stock shares. Footnotes note this total reflects the 3-for-2 stock split payable on February 26, 2026.
Stifel Financial Corp director Michael J. Zimmerman exercised 2,812 Phantom Stock Units into Common Stock on June 4, 2026. The derivative exercise converted units at a stated price of $0.00 per unit, and Zimmerman now directly holds 71,562 shares of Common Stock.
A footnote states that this total share amount has been adjusted for a 3-for-2 stock split payable on February 26, 2026. The filing shows a routine compensation-related derivative conversion with no open-market buying or selling.
STIFEL FINANCIAL CORP director Maura A. Markus exercised phantom equity into common shares. On June 4, 2026, she converted 2,812 Phantom Stock Units into 2,812 shares of Common Stock at a stated price of $0.00 per share.
Following the exercise, her direct Common Stock holdings increased to 44,688 shares, and the Phantom Stock Units position related to this award was reduced to zero. A footnote states that this total has been adjusted for a 3-for-2 stock split payable on February 26, 2026.
STIFEL FINANCIAL CORP director David A. Peacock exercised 2,812 Phantom Stock Units into an equal number of Common Stock shares on June 4, 2026. The transaction was recorded at $0.00 per share and is held indirectly by a trust, bringing that trust’s holdings to 13,764 Common Stock shares. The phantom units position of 2,812 units was fully converted and now shows zero remaining. Reported totals reflect a 3-for-2 stock split payable on February 26, 2026.
Stifel Financial Corp director Adam T. Berlew exercised equity units into common stock. On June 4, 2026, he converted 2,812 phantom stock units into an equal number of Stifel common shares at a stated price of $0.00 per share, reflecting a compensation-related, non-cash transaction. Following these conversions and related adjustments, Berlew directly holds 24,475 shares of Stifel common stock. The reported share total has been adjusted for a 3-for-2 stock split payable on February 26, 2026, indicating the figures reflect the post-split share count.
STIFEL FINANCIAL CORP director James P. Kavanaugh converted deferred compensation into common stock in a routine, non-market transaction. On June 4, 2026, 2,812 phantom stock units tied to common stock were disposed to the issuer and a matching 2,812 shares of common stock were acquired at no cash cost. Following these transactions, Kavanaugh directly holds 13,626 shares of common stock, with this total adjusted for the 3-for-2 stock split payable on February 26, 2026. The filing shows no remaining phantom stock units or other derivative positions.
STIFEL FINANCIAL CORP director Maryam S. Brown exercised phantom stock units into common shares. On this Form 4, she converted 2,812 Phantom Stock Units into 2,812 shares of Common Stock at a stated price of $0.00 per share.
Following the transaction, her directly owned Common Stock holdings increased to 10,429 shares. The filing notes that this total has been adjusted to reflect the 3-for-2 stock split payable on February 26, 2026. No derivative positions remain listed after this exercise.
Stifel Financial Corp director Lisa Landau Carnoy exercised 2,812 Phantom Stock Units into an equal number of common shares on June 4, 2026. The units converted at $0.00 per unit, reflecting a compensation-related derivative exercise rather than an open‑market purchase.
After the transaction, she directly holds 10,611 shares of Stifel common stock. The reported totals have been adjusted to reflect the company’s 3-for-2 stock split payable on February 26, 2026, and the exercised Phantom Stock Units balance is now zero.
STIFEL FINANCIAL CORP insider Raymond Charles Bradford reported routine equity compensation activity involving phantom stock units and common shares. He received a grant of 60,673 phantom stock units tied to a 2022 performance-based award, of which 80 percent are currently vested and 20 percent will vest in one year. He also exercised 53,241 phantom stock units into 53,241 shares of common stock. To cover tax obligations on this exercise, 29,443 common shares valued at $73.05 per share were withheld, leaving him with 88,337 common shares held directly after the transactions. These actions reflect compensation and tax settlement mechanics rather than open-market buying or selling.
STIFEL FINANCIAL CORP Chief Executive Officer Ronald J. Kruszewski reported awards of phantom stock units on February 27, 2026. He acquired 39,163 phantom stock units at $74.03 per unit and 27,009 phantom stock units at $74.05 per unit as grant or award acquisitions.
One award vests in 20% increments over five years and another vests in 10% increments over ten years, with no expiration date for these units. Following these awards, he also directly held 1,883,213 shares of common stock, a total adjusted for a 3-for-2 stock split payable on February 26, 2026.
Stifel Financial Corp executive Brantley McDuffie reported awards of phantom stock units on February 27, 2026. He acquired 10,533 units and 13,504 units at $74.05 per unit, with totals adjusted for a 3-for-2 stock split payable February 26, 2026. Some units vest 20% annually over five years, others 10% annually over ten years, with no expiration date for certain units. He also reported holding 1,881 shares of common stock directly.
STIFEL FINANCIAL CORP insider David Rubulotta reported new equity-based awards. On February 27, 2026, he acquired 10,533 Phantom Stock Units at $74.05 per unit, bringing this award to 23,432 units after the transaction. A second grant of 13,504 Phantom Stock Units at $74.05 increased another award balance to 36,936 units. Footnotes state these totals reflect a 3-for-2 stock split payable on February 26, 2026, with units vesting 20% annually over five years for one grant and 10% annually over ten years for the other, and no expiration date. He also reported 1,488 shares of common stock held directly.
Stifel Financial Corp executive Christopher K. Reichert, CEO of Stifel Bank & Trust, reported awards of phantom stock units tied to company stock. On February 27, 2026, he acquired 5,402 and 4,051 phantom stock units, each referenced at $74.05 per unit. One grant vests in 20% increments over five years and the other in 10% increments over ten years, and the units have no expiration date. The totals reflect a 3-for-2 stock split payable on February 26, 2026. He also reports indirect ownership of 89,220 common shares held by a trust.
Stifel Financial Corp senior vice president and general counsel Mark P. Fisher reported awards of phantom stock units tied to the company’s common stock. He acquired 9,723 phantom stock units and 5,402 phantom stock units on February 27, 2026 in grant or award transactions, each using a reference price of $74.05 per unit.
After these awards, his directly held phantom stock units increased to 43,652, and his directly held common stock position was 81,977 shares. Footnotes state that totals reflect a 3-for-2 stock split payable on February 26, 2026. One unit grant vests in 20% increments over five years with no expiration date, and another vests in 10% increments over ten years.
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.
Stifel Financial Corp insider Raymond Charles Bradford reported awards of phantom stock units tied to the company’s common stock. On February 27, 2026, he acquired 12,694 and 13,504 phantom stock units at a reference price of $74.05 per unit through grant or award transactions.
After these grants, his reported phantom stock unit holdings increased to 70,083 and then 83,587 units. Footnotes state these totals were adjusted for a 3-for-2 stock split payable on February 26, 2026. One grant vests in 20% increments over five years and another in 10% increments over ten years, with no expiration date for the units. A separate line reflects 64,539 shares of common stock held directly.
Stifel Financial Corp Chief Operating Officer David D. Sliney reported awards of Phantom Stock Units. On February 27, 2026, he acquired 12,424 and 5,402 Phantom Stock Units at a reference price of $74.05 per unit. One grant vests in 20% increments over five years, and another in 10% increments over ten years, with no expiration dates. Following these awards, his reported Phantom Stock Unit holdings increased, and his direct Common Stock holdings totaled 254,910 shares, adjusted for a 3-for-2 stock split payable on February 26, 2026.
Stifel Financial Senior Vice President Thomas B. Michaud reported awards of phantom stock units. He acquired 17,623 units and 13,504 units at a reference price of $74.05 per unit. One grant vests in 20% increments over five years and another in 10% increments over ten years, with no expiration date. Following these awards, his reported phantom stock unit holdings rose to 82,616 units, and his direct common stock holdings were 129,735 shares, adjusted for a 3-for-2 stock split payable on February 26, 2026.
STIFEL FINANCIAL CORP President James M. Zemlyak received grants of Phantom Stock Units tied to the company’s common stock. On February 27, 2026, he acquired 25,388 Phantom Stock Units at $74.05 per unit, bringing this award account to 119,887 units, and a separate 13,504-unit grant at the same reference price, bringing that account to 133,391 units.
According to the footnotes, one grant vests in 20% increments over five years with no expiration date, and the other vests in 10% increments over ten years. The totals have been adjusted to reflect a 3-for-2 stock split payable on February 26, 2026. As of the same date, Zemlyak also reported 1,756,080 shares of common stock held directly, plus indirect holdings of 10,608 shares held by his son and 632 shares held by his wife.
Stifel Financial Corp Chief Executive Officer Ronald J. Kruszewski reported multiple equity-related transactions involving company securities. He acquired 92,453 Phantom Stock Units as a grant tied to a PRSU award agreement dated February 18, 2022, with 80 percent vested and 20 percent vesting in one year. He also exercised 73,963 Phantom Stock Units, receiving 73,963 shares of common stock, and then disposed of 32,581 common shares at $120.49 per share to cover tax obligations through share withholding.
Stifel Financial Corp Chief Operating Officer David D. Sliney reported several equity award transactions involving company stock and phantom units. He acquired 13,868 Phantom Stock Units as a grant based on a PRSU award agreement dated February 18, 2022, with 80 percent vested and 20 percent vesting in one year. He also exercised 11,094 Phantom Stock Units, converting them into 11,094 shares of Common Stock. To cover tax obligations related to the exercise, 4,887 shares of Common Stock were disposed of through a tax-withholding transaction at a price of $120.49 per share.
Stifel Financial Corp senior vice president Thomas B. Michaud reported equity compensation transactions involving phantom stock units and common shares. He received 20,224 phantom stock units under a PRSU award dated February 18, 2022, of which 80% are vested and 20% will vest in one year. He also exercised 16,179 phantom stock units into 16,179 shares of common stock, with 7,983 of those common shares withheld at a price of $120.4900 per share to cover tax obligations.
Stifel Financial Corp President James M. Zemlyak reported multiple equity transactions involving company stock and phantom stock units. He received a grant of 39,293 Phantom Stock Units at no cost, tied to a PRSU award agreement from February 18, 2022, with most units already vested and the remainder vesting in one year.
He also exercised 31,434 Phantom Stock Units, converting them into 31,434 shares of common stock. To cover tax obligations related to this activity, 13,847 shares of common stock were disposed of at a price of $120.49 per share through a tax-withholding mechanism rather than an open-market sale.
After these transactions, Zemlyak directly holds 1,170,720 shares of Stifel common stock. In addition, there are indirect holdings reported as 7,072 shares held by his son and 421 shares held by his wife.
STIFEL FINANCIAL CORP director Victor Nesi reported equity compensation and related share movements. He received 46,227 Phantom Stock Units based on a performance RSU award agreement dated February 18, 2022, with 80% currently vested and the remaining 20% vesting in one year.
On the same date, 36,981 Phantom Stock Units were exercised into 36,981 shares of common stock, described as currently exercisable. To cover the exercise price or tax liability, 18,879 common shares were disposed of at $120.49 per share, leaving 165,047 common shares held directly.
He also reported indirect ownership of common stock through trusts, including 41,975 shares held by a trust, 31,000 shares held by a family trust, and 44,232 shares held by a children’s trust.
Stifel Financial Corp Senior VP & General Counsel Mark P. Fisher reported several equity-related transactions on phantom stock units and common stock. He received a grant of 9,823 Phantom Stock Units based on a PRSU award agreement dated February 18, 2022; 80% are vested and 20% will vest in one year.
He also exercised 7,859 Phantom Stock Units, converting them into 7,859 shares of Common Stock, and disposed of 4,241 shares of Common Stock at $120.49 per share to satisfy tax obligations through share withholding. Following these transactions, he directly holds 26,877 Phantom Stock Units and 54,651 shares of Common Stock.
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.
Stifel Financial Corp’s Chief Financial Officer James M. Marischen reported equity award and related share transactions. He received 9,823 Phantom Stock Units at no cost based on a PRSU award agreement dated February 18, 2022, with 80 percent vested now and 20 percent vesting in one year.
He exercised 7,859 Phantom Stock Units, which were converted into 7,859 shares of common stock, both at a stated price of $0.00 per unit or share. To cover tax obligations on this equity, 3,463 common shares were disposed of at $120.49 per share as a tax-withholding transaction, not an open‑market sale.
Following these transactions, he directly holds 27,371 Phantom Stock Units, which have no expiration date and are currently exercisable, and 75,030 shares of Stifel common stock held directly.
STIFEL FINANCIAL CORP director Thomas W. Weisel reported equity award activity and related share movements. He received 5,778 Phantom Stock Units as a grant under a PRSU award agreement dated February 18, 2022, with 80 percent vested now and 20 percent scheduled to vest in one year. The filing shows an exercise of 4,623 Phantom Stock Units, which were converted into 4,623 shares of common stock at a stated price of $120.49 per share. To satisfy tax obligations tied to this equity activity, 1,693 common shares were disposed of by delivering shares at $120.49 per share, leaving him with 12,871 common shares held directly. The Phantom Stock Units are described as having no expiration date and being currently exercisable.
Stifel Financial Corp executive reports small stock sale
Co-Head of Fixed Income Capital Markets David Rubulotta reported selling 400 shares of Stifel Financial Corp common stock at $124.31 per share on February 2, 2026. After this transaction, he directly held 992 shares of Stifel common stock.
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.
Stifel Financial Corp’s Chief Financial Officer James Marischen reported routine equity compensation activity. On January 30, 2026, he exercised 1,568 Phantom Stock Units, which converted into the same number of common shares at an exercise price of $0 per share.
On the same date, Form 4 shows a disposition of 691 common shares coded "F" at $126.24 per share, typically reflecting shares withheld or delivered to cover taxes. After these transactions, he directly held 70,634 common shares and 17,548 Phantom Stock Units, which are currently exercisable and have no expiration date.
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.
Stifel Financial Corp Senior VP & General Counsel Mark P. Fisher reported routine equity compensation activity. On January 30, 2026, he converted 1,725 Phantom Stock Units into the same number of common shares at $0 per share.
On the same date, 931 common shares were withheld at $126.24 per share, typically reflecting tax withholding, leaving him with 51,033 common shares held directly. He also continues to hold 17,054 Phantom Stock Units, which are currently exercisable with no stated expiration date.
Stifel Financial Corp Chief Operating Officer David D. Sliney reported equity transactions dated January 30, 2026. He exercised 2,258 Phantom Stock Units into the same number of common shares at an exercise price of $0 per unit.
On the same date, an M-coded transaction added 2,258 common shares and an F-coded transaction disposed of 995 common shares at $126.24 per share. After these transactions, he directly owned 163,733 common shares and 19,807 Phantom Stock Units, which are currently exercisable with no stated expiration date.
Stifel Financial Corp director Victor Nesi reported routine equity compensation activity involving company stock on January 30, 2026. He converted 6,898 Phantom Stock Units into the same number of shares of common stock at an exercise price of $0. To cover related obligations, 3,522 shares of common stock were withheld at a price of $126.24 per share. After these transactions, he directly owned 146,945 shares of Stifel common stock and held additional indirect positions through various trusts holding 41,975, 31,000, and 44,232 shares, respectively.
Stifel Financial Corp Chief Executive Officer Ronald J. Kruszewski reported equity compensation activity involving company stock. On January 30, 2026, he exercised 12,542 Phantom Stock Units at an exercise price of $0, converting them into the same number of common shares.
Following this, 5,525 common shares were disposed of in a transaction coded "F" at $126.24 per share, typically used for tax withholding. After these transactions, he directly held 1,214,077 shares of common stock and 112,920 Phantom Stock Units, with the units currently exercisable and having no expiration date.
Stifel Financial Corp Senior Vice President Thomas B. Michaud reported equity transactions dated January 30, 2026. He exercised 2,665 Phantom Stock Units into an equal number of Stifel common shares at an exercise price of $0, increasing his directly held common stock before tax withholding.
To cover taxes on this award, 1,315 common shares were withheld at a price of $126.24 under transaction code "F," leaving Michaud with 78,294 Stifel common shares held directly. He also continues to hold 30,281 Phantom Stock Units, which are currently exercisable and have no stated expiration date.
Stifel Financial Corp President James M. Zemlyak reported several equity transactions in company stock. On January 30, 2026, 5,644 phantom stock units were exercised into 5,644 shares of common stock at an exercise price of $0, increasing his direct holdings.
On the same date, 2,487 common shares were disposed of at $126.24 in a transaction coded "F", typically used for tax withholding, leaving 1,153,133 directly held shares. Separately, an account reported as held "By Son" sold 9 shares at $123.90, with 7,072 shares remaining indirectly owned through the son and 421 shares indirectly owned "By Wife". After the transactions, Zemlyak also held 55,140 phantom stock units, which are currently exercisable with no expiration date.
Stifel Financial Corp director Victor Nesi reported several equity transactions dated January 26, 2026. He exercised 25,591 Phantom Stock Units at an exercise price of $0, receiving the same number of common shares, and held 56,660 Phantom Stock Units directly afterward.
Following the exercise, he reported a direct holding of 155,550 common shares. A separate code F transaction covered the disposition of 11,981 common shares at $129.20 per share, leaving 143,569 common shares held directly. He also reported indirect common stock holdings of 41,975 shares by a trust, 31,000 shares by a family trust, and 44,232 shares by a children's trust.