Chad R. Abraham - 26 Nov 2025 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
CEO and Chairman, Director
Signature
/s/ James Grant for Chad R. Abraham
Issuer symbol
PIPR
Transactions as of
26 Nov 2025
Transactions value $
-$1,761,475
Form type
4
Filing time
01 Dec 2025, 17:49:20 UTC
Previous filing
19 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Abraham Chad R CEO and Chairman, Director 350 NORTH 5TH STREET, SUITE 1000, MINNEAPOLIS /s/ James Grant for Chad R. Abraham 01 Dec 2025 0001538591

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Options Exercise $436K +4.4K +8.22% $99.00 58K 26 Nov 2025 Direct
transaction PIPR Common Stock Sale -$544K -1.61K -2.78% $336.87 56.3K 26 Nov 2025 Direct F1
transaction PIPR Common Stock Sale -$550K -1.63K -2.89% $337.65 54.7K 26 Nov 2025 Direct F2
transaction PIPR Common Stock Sale -$391K -1.16K -2.11% $338.55 53.6K 26 Nov 2025 Direct F3
transaction PIPR Common Stock Options Exercise $297K +3K +5.6% $99.00 56.6K 28 Nov 2025 Direct
transaction PIPR Common Stock Sale -$464K -1.38K -2.45% $335.36 55.2K 28 Nov 2025 Direct F4
transaction PIPR Common Stock Sale -$544K -1.62K -2.93% $336.94 53.6K 28 Nov 2025 Direct F5
holding PIPR Common Stock 36K 26 Nov 2025 Through Living Trust F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PIPR Employee Stock Option (right to buy) Options Exercise $0 -4.4K -19.13% $0.00 18.6K 26 Nov 2025 Common Stock 4.4K $99.00 Direct
transaction PIPR Employee Stock Option (right to buy) Options Exercise $0 -3K -16.13% $0.00 15.6K 28 Nov 2025 Common Stock 3K $99.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 for all sales transactions on this report is a weighted average price. The shares sold in footnotes (1) through (5) were sold in multiple transactions at the price ranges provided in footnotes (1) through (5). These shares in footnote (1) were sold in multiple transactions at prices ranging from $336.2800 to $337.1950 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 (1) through (5) upon request by the SEC staff, the issuer or any shareholder of the issuer.
F2 These shares were sold in multiple transactions at prices ranging from $337.2900 to $338.2400 inclusive.
F3 These shares were sold in multiple transactions at prices ranging from $338.3050 to $338.8700 inclusive.
F4 These shares were sold in multiple transactions at prices ranging from $335.0900 to $335.6100 inclusive.
F5 These shares were sold in multiple transactions at prices ranging from $336.4450 to $337.0100 inclusive.
F6 These shares are held in a revocable living trust, of which the reporting person and the reporting person's spouse are trustees, and the reporting person is a beneficiary.