Berlew Adam T. 4

What Happened
Adam T. Berlew, a director of Stifel Financial Corp. (SF), was granted 2,450 derivative Units on June 9, 2026. The Units were valued at $71.40 each for an aggregate value of $174,930. This filing reports an award/grant (transaction code A) — an acquisition of derivative securities rather than an open‑market purchase or sale.

Key Details

• Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (filed within the typical two-business-day window).
• Award: 2,450 Units (derivative securities) at $71.40 each; total value $174,930.
• Vesting: Units vest quarterly over a one‑year period (footnote F1).
• Term: No expiration date for the Units (footnote F2).
• Shares/units owned after the transaction: Not reported in the provided Form 4 excerpt.
• Transaction type: A = Award/Grant (derivative award, not a sale).

Context
These Units are derivative awards (e.g., restricted or deferred units) that will vest over time and do not necessarily represent immediately tradable shares. Such grants are commonly part of compensation or director pay and do not by themselves indicate insider buying or selling intent.