Ann C. Gallo - 22 May 2025 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role: Director
Signature: /s/ James Grant for Ann C. Gallo
Issuer symbol: PIPR
Transactions as of: 22 May 2025
Net transactions value: $0
Form type: 4
Filing time: 23 May 2025, 16:25:26 UTC
Previous filing: 01 Apr 2025
Next filing: 16 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Gallo Ann C	Director	800 NICOLLET MALL, SUITE 900, MINNEAPOLIS	/s/ James Grant for Ann C. Gallo	23 May 2025	0002038097

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PIPR	Common Stock	Award	$0	+598	+119%	$0.000000	1,102	22 May 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person elected to defer receipt of an annual equity grant of 598 shares of common stock resulting in an accrual to her account of 598 shares of phantom stock. The shares of phantom stock become payable, in common stock, on the last day of the year in which the reporting person's service as a director terminates.