[Form 4] Stifel Financial Corp. Insider Trading Activity
Ronald J. Kruszewski, CEO and Director of Stifel Financial Corp (SF), reported transactions reducing his direct common stock holdings. He contributed 9,000 shares on 08/15/2025 to an entity called Exchange Place All Capp II LP and sold 40,000 shares on 08/19/2025 at reported prices of $114.20 and $112.90 respectively. After these transactions his direct holdings are reported as 1,196,467 shares. He also holds 177,889 phantom stock units that vest in 20% increments over five years and have no expiration.
Ronald J. Kruszewski, amministratore delegato e membro del consiglio di Stifel Financial Corp (SF), ha effettuato operazioni che hanno ridotto le sue partecipazioni dirette in azioni ordinarie. Il 15/08/2025 ha trasferito 9.000 azioni a un鈥檈ntit脿 chiamata Exchange Place All Capp II LP e il 19/08/2025 ha venduto 40.000 azioni ai prezzi segnalati di 114,20$ e 112,90$ rispettivamente. Dopo queste operazioni le sue partecipazioni dirette risultano pari a 1.196.467 azioni. Detiene inoltre 177.889 unit脿 di phantom stock che maturano al 20% ogni anno per cinque anni e non hanno scadenza.
Ronald J. Kruszewski, director ejecutivo y miembro del consejo de Stifel Financial Corp (SF), inform贸 transacciones que redujeron sus tenencias directas de acciones ordinarias. El 15/08/2025 aport贸 9.000 acciones a una entidad llamada Exchange Place All Capp II LP y el 19/08/2025 vendi贸 40.000 acciones a los precios reportados de $114.20 y $112.90, respectivamente. Tras estas operaciones, sus participaciones directas se registran en 1.196.467 acciones. Adem谩s posee 177.889 unidades de phantom stock que se consolidan en incrementos del 20% durante cinco a帽os y no caducan.
Stifel Financial Corp (SF)鞚� CEO 瓴� 鞚挫偓鞚� Ronald J. Kruszewski電� 氤挫湢 氤错喌欤� 歆侅爲 歆�攵勳潉 欷勳澊電� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 2025-08-15鞐� Exchange Place All Capp II LP霛茧姅 旮瓣磤鞐� 9,000欤茧ゼ 於滌棸頄堨溂氅�, 2025-08-19鞐愲姅 臧侁皝 氤搓碃霅� 臧�瓴� $114.20 氚� $112.90鞐� 40,000欤茧ゼ 毵り皝頄堨姷雼堧嫟. 鞚措摛 瓯半灅 鞚错泟 攴胳潣 歆侅爲 氤挫湢 欤检嫕鞚� 1,196,467欤茧 氤搓碃霅╇媹雼�. 霕愴暅 毵岆鞚检澊 鞐嗠姅 177,889臧滌潣 韺厐 鞀ろ啞 鞙犽嫑鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 鞚措姅 5雲勳棎 瓯胳硱 毵る厔 20%鞌� 甓岆Μ 頇曥爼霅╇媹雼�.
Ronald J. Kruszewski, PDG et administrateur de Stifel Financial Corp (SF), a d茅clar茅 des transactions ayant r茅duit ses participations directes en actions ordinaires. Le 15/08/2025, il a apport茅 9 000 actions 脿 une entit茅 nomm茅e Exchange Place All Capp II LP et le 19/08/2025 il a vendu 40 000 actions aux prix d茅clar茅s de 114,20 $ et 112,90 $ respectivement. Apr猫s ces op茅rations, ses participations directes sont indiqu茅es 脿 1 196 467 actions. Il d茅tient 茅galement 177 889 unit茅s d鈥檃ctions fant么mes (phantom stock) qui acqui猫rent des droits par tranches de 20 % sur cinq ans et n鈥檕nt pas d鈥櫭ヽh茅ance.
Ronald J. Kruszewski, CEO und Direktor von Stifel Financial Corp (SF), meldete Transaktionen, die seine direkten Stammaktienbest盲nde verminderten. Am 15.08.2025 眉bertrug er 9.000 Aktien an eine Einheit namens Exchange Place All Capp II LP und am 19.08.2025 verkaufte er 40.000 Aktien zu den gemeldeten Preisen von jeweils 114,20$ und 112,90$. Nach diesen Transaktionen werden seine direkten Best盲nde mit 1.196.467 Aktien angegeben. Er h盲lt au脽erdem 177.889 sogenannte Phantom-Stock-Einheiten, die in f眉nf Jahren zu je 20% vesten und kein Verfallsdatum haben.
- Maintained long-term alignment through 177,889 phantom stock units vesting in 20% increments over five years
- Substantial remaining ownership with 1,196,467 direct shares after reported transactions
- Reported sale of 40,000 shares on 08/19/2025 at $112.90, reducing direct ownership
- Contribution of 9,000 shares to Exchange Place All Capp II LP on 08/15/2025, further lowering direct holdings
Insights
TL;DR: CEO reduced direct share holdings via a contribution and a sale, while retaining long-term phantom units.
The filing shows a voluntary contribution of 9,000 shares to a named partnership and an open-market sale of 40,000 shares a few days later, reducing reported direct ownership to 1,196,467 shares. Retention of 177,889 phantom units that vest over five years indicates continued long-term alignment with shareholders through deferred compensation. The transactions are routine insider activity but are material to ownership totals for governance disclosures.
TL;DR: Insider sell and contribution change public float exposure but do not eliminate executive鈥檚 substantial ownership stake.
The reported sale at ~$112.9 per share and prior contribution are concrete decreases in direct holdings; however, the CEO still reports over 1.19 million direct shares plus significant phantom units. For investors monitoring insider liquidity or potential signaling, these moves are notable, though the filing does not indicate any broader corporate action or rule-based disposition plan.
Ronald J. Kruszewski, amministratore delegato e membro del consiglio di Stifel Financial Corp (SF), ha effettuato operazioni che hanno ridotto le sue partecipazioni dirette in azioni ordinarie. Il 15/08/2025 ha trasferito 9.000 azioni a un鈥檈ntit脿 chiamata Exchange Place All Capp II LP e il 19/08/2025 ha venduto 40.000 azioni ai prezzi segnalati di 114,20$ e 112,90$ rispettivamente. Dopo queste operazioni le sue partecipazioni dirette risultano pari a 1.196.467 azioni. Detiene inoltre 177.889 unit脿 di phantom stock che maturano al 20% ogni anno per cinque anni e non hanno scadenza.
Ronald J. Kruszewski, director ejecutivo y miembro del consejo de Stifel Financial Corp (SF), inform贸 transacciones que redujeron sus tenencias directas de acciones ordinarias. El 15/08/2025 aport贸 9.000 acciones a una entidad llamada Exchange Place All Capp II LP y el 19/08/2025 vendi贸 40.000 acciones a los precios reportados de $114.20 y $112.90, respectivamente. Tras estas operaciones, sus participaciones directas se registran en 1.196.467 acciones. Adem谩s posee 177.889 unidades de phantom stock que se consolidan en incrementos del 20% durante cinco a帽os y no caducan.
Stifel Financial Corp (SF)鞚� CEO 瓴� 鞚挫偓鞚� Ronald J. Kruszewski電� 氤挫湢 氤错喌欤� 歆侅爲 歆�攵勳潉 欷勳澊電� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 2025-08-15鞐� Exchange Place All Capp II LP霛茧姅 旮瓣磤鞐� 9,000欤茧ゼ 於滌棸頄堨溂氅�, 2025-08-19鞐愲姅 臧侁皝 氤搓碃霅� 臧�瓴� $114.20 氚� $112.90鞐� 40,000欤茧ゼ 毵り皝頄堨姷雼堧嫟. 鞚措摛 瓯半灅 鞚错泟 攴胳潣 歆侅爲 氤挫湢 欤检嫕鞚� 1,196,467欤茧 氤搓碃霅╇媹雼�. 霕愴暅 毵岆鞚检澊 鞐嗠姅 177,889臧滌潣 韺厐 鞀ろ啞 鞙犽嫑鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 鞚措姅 5雲勳棎 瓯胳硱 毵る厔 20%鞌� 甓岆Μ 頇曥爼霅╇媹雼�.
Ronald J. Kruszewski, PDG et administrateur de Stifel Financial Corp (SF), a d茅clar茅 des transactions ayant r茅duit ses participations directes en actions ordinaires. Le 15/08/2025, il a apport茅 9 000 actions 脿 une entit茅 nomm茅e Exchange Place All Capp II LP et le 19/08/2025 il a vendu 40 000 actions aux prix d茅clar茅s de 114,20 $ et 112,90 $ respectivement. Apr猫s ces op茅rations, ses participations directes sont indiqu茅es 脿 1 196 467 actions. Il d茅tient 茅galement 177 889 unit茅s d鈥檃ctions fant么mes (phantom stock) qui acqui猫rent des droits par tranches de 20 % sur cinq ans et n鈥檕nt pas d鈥櫭ヽh茅ance.
Ronald J. Kruszewski, CEO und Direktor von Stifel Financial Corp (SF), meldete Transaktionen, die seine direkten Stammaktienbest盲nde verminderten. Am 15.08.2025 眉bertrug er 9.000 Aktien an eine Einheit namens Exchange Place All Capp II LP und am 19.08.2025 verkaufte er 40.000 Aktien zu den gemeldeten Preisen von jeweils 114,20$ und 112,90$. Nach diesen Transaktionen werden seine direkten Best盲nde mit 1.196.467 Aktien angegeben. Er h盲lt au脽erdem 177.889 sogenannte Phantom-Stock-Einheiten, die in f眉nf Jahren zu je 20% vesten und kein Verfallsdatum haben.
FAQ
What insider transactions did Ronald Kruszewski report for SF?
How many shares does the CEO of Stifel (SF) own after the reported transactions?
Does Ronald Kruszewski hold any restricted or deferred equity in SF?
At what prices were the reported transactions executed?
Were these transactions filed as an individual Form 4 or jointly?
