Schoneman Debbra L. 4

What Happened

• Debbra L. Schoneman, President of Piper Sandler Companies (PIPR), received an award of 1,524 shares on 2026-02-17 (transaction code A). To cover tax withholding related to the award, 3 withholding transactions (transaction code F) surrendered 331, 196 and 150 shares (total 677 shares). All items are recorded at $0.00 on the Form 4 (award and withholding transactions), resulting in a net increase of 847 shares retained by Schoneman from this event.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the typical 2-business-day window).
• Award: 1,524 shares at $0.00 (grant/vested award).
• Tax withholding: 331, 196 and 150 shares surrendered at $0.00 (total 677 shares).
• Net change from these entries: +847 shares retained (1,524 − 677).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Transaction codes: A = award/grant/acquisition; F = payment of exercise price or tax liability (share withholding).
• No indication in the provided data that the filing was late.

Context

• These entries reflect a compensation award (likely vesting) with shares withheld to satisfy tax obligations — a routine, non–open-market transaction. The $0.00 per-share entries on the Form 4 reflect the nature of the award and withholding, not a market purchase or sale. Such compensation-related filings are common for executives and do not by themselves indicate a buy or sell sentiment in the open market.