Debbra L. Schoneman - 11 Feb 2026 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
President
Signature
/s/ James Grant for Debbra L. Schoneman
Issuer symbol
PIPR
Transactions as of
11 Feb 2026
Net transactions value
-$1,320,453
Form type
4
Filing time
13 Feb 2026, 16:39:00 UTC
Previous filing
04 Feb 2026
Next filing
19 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Schoneman Debbra L. President 350 NORTH 5TH STREET, SUITE 1000, MINNEAPOLIS /s/ James Grant for Debbra L. Schoneman 13 Feb 2026 0001435654

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Options Exercise $518,760 +5,240 +181% $99.00 8,136 11 Feb 2026 Direct
transaction PIPR Common Stock Sale $28,352 -81 -1% $350.03 8,055 11 Feb 2026 Direct F1
transaction PIPR Common Stock Sale $1,810,861 -5,159 -64% $351.01 2,896 11 Feb 2026 Direct
holding PIPR Common Stock 56,264 11 Feb 2026 Through Living Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PIPR Employee Stock Option (right to buy) Options Exercise $0 -5,240 -35% $0.000000 9,927 11 Feb 2026 Common Stock 5,240 $99.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 for the first sales transaction on this report is a weighted average price. The shares sold in footnote (1) were sold in multiple transactions at prices ranging from $350.0000 to $350.3700 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) upon request by the SEC staff, the issuer or any shareholder of the issuer.
F2 The shares are held in revocable living trusts, of which the reporting person and the reporting person's spouse are co-trustees.