Debbra L. Schoneman - May 17, 2024 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
President
Signature
/s/ James Grant for Debbra L. Schoneman
Stock symbol
PIPR
Transactions as of
May 17, 2024
Transactions value $
-$1,062,441
Form type
4
Date filed
5/21/2024, 04:44 PM
Previous filing
Mar 4, 2024
Next filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Sale -$116K -547 -1.14% $211.25 47.5K May 17, 2024 Through Living Trust F1, F2, F3
transaction PIPR Common Stock Sale -$418K -1.97K -4.15% $211.92 45.6K May 17, 2024 Through Living Trust F1, F3, F4
transaction PIPR Common Stock Sale -$242K -1.14K -2.5% $213.01 44.4K May 17, 2024 Through Living Trust F1, F3, F5
transaction PIPR Common Stock Sale -$68.4K -320 -0.72% $213.74 44.1K May 17, 2024 Through Living Trust F1, F3, F6
transaction PIPR Common Stock Sale -$76.2K -359 -0.81% $212.38 43.7K May 20, 2024 Through Living Trust F1, F3, F7
transaction PIPR Common Stock Sale -$89.8K -421 -0.96% $213.39 43.3K May 20, 2024 Through Living Trust F1, F3, F8
transaction PIPR Common Stock Sale -$51.9K -242 -0.56% $214.40 43.1K May 20, 2024 Through Living Trust F1, F3, F9
holding PIPR Common Stock 12.1K May 17, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The shares of common stock were sold pursuant to a 10b5-1 trading plan.
F2 The price reported in Column 4 for all transactions on this report is a weighted average price. The shares sold in footnotes (2) and (4) through (9) were sold in multiple transactions at the price ranges provided in footnotes (2) and (4) through (9). These shares in footnote (2) were sold in multiple transactions at prices ranging from $210.5000 to $211.4701 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2) and (4) through (9) upon request by the SEC staff, the issuer or any shareholder of the issuer.
F3 These shares are held in revocable living trusts, of which the reporting person and the reporting person's spouse are co- trustees.
F4 These shares were sold in multiple transactions at prices ranging from $211.5350 to $212.2900 inclusive.
F5 These shares were sold in multiple transactions at prices ranging from $212.6550 to $213.6000 inclusive.
F6 These shares were sold in multiple transactions at prices ranging from $213.6600 to $213.8200 inclusive.
F7 These shares were sold in multiple transactions at prices ranging from $211.9600 to $212.9250 inclusive.
F8 These shares were sold in multiple transactions at prices ranging from $212.9801 to $213.9600 inclusive.
F9 These shares were sold in multiple transactions at prices ranging from $214.1200 to $215.0500 inclusive.