Nesi Victor 4

What Happened
Victor Nesi, a director of Stifel Financial Corp (SF), received an award of 2,450 derivative share units on 2026-06-09. The units are recorded at $71.40 each for a total value of $174,930. This was an award/grant (transaction code A), not a cash purchase or sale.

Key Details

• Transaction date: 2026-06-09; Form 4 filed 2026-06-11 (timely filing).
• Award size and price: 2,450 units @ $71.40; total $174,930 (derivative securities).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes: Units vest quarterly over one year (F1). These units have no expiration date (F2).
• Transaction type: A = Award/Grant (derivative units), not an immediate sale or open-market buy.

Context
These derivative units are typically structured like restricted stock units (RSUs): they represent a right to receive shares in the future as they vest, so they may not provide immediate voting rights or tradable shares until vesting. Because this was a grant to a director, it increases potential future ownership but does not reflect an immediate market purchase signal.