Brown Maryam S. 4

What Happened

• Maryam S. Brown, a director of Stifel Financial Corp (SF), exercised/converted 2,812 derivative units into 2,812 common shares on June 4, 2026. The exercise/conversion shows an acquisition at $0.00 per share (no cash paid). The filing also reports the corresponding disposition of 2,812 derivative units (the conversion of the derivative instrument).

Key Details

• Transaction date: June 4, 2026; Form 4 filed June 8, 2026 (timely filing).
• Reported price: $0.00 per share — no cash paid on exercise/conversion.
• Shares involved: 2,812 shares acquired via conversion; 2,812 derivative units disposed (conversion).
• Shares owned after the transaction: Not disclosed in the filing.
• Footnotes:
  • Total adjusted for a 3-for-2 stock split payable Feb 26, 2026.
  • Units were "currently exercisable."
  • The Units have no expiration date.
• Filing timeliness: Not marked late.

Context

• This was an exercise/conversion of a derivative instrument (code M). That means Brown converted vested units/options into common shares at no cost rather than an open‑market purchase or sale. The filing does not show a sale of the resulting shares, so this is not a sell transaction that would signal an exit. As always, such conversions are routine compensation/award-related actions and are factual disclosures rather than indications of personal market views.