Form 4 for PIPR PIPER SANDLER COMPANIES
Accepted 2025-08-07 00:00:00 ET · period of report 2025-08-05 · accession 0001538591-25-000006 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-08-07 | 2025-08-05+ | PIPR | Abraham Chad R | CEO, COB, Dir | S - Sale+OE | $321.28 | -18.0K | 53.6K | -25% | -$5.78M |
| DM | 2025-08-07 | 2025-08-05+ | PIPR | Abraham Chad R | CEO, COB, Dir | M - OptEx | $99.00 | +18.0K | 61.6K | +41% | +$1.78M |
| DM | 2025-08-07 | 2025-08-05+ | PIPR | Abraham Chad R | CEO, COB, Dir | M - OptEx | $0.00 | -18.0K | 23.0K | -44% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-08-05 | S | D | 1,383 | $316.23 | 61,990 | D | — | — | (F2) These shares were sold in multiple transactions at prices ranging from $315.7100 to $316.6200 inclusive. |
| 2 | Common | Common Stock | 2025-08-05 | S | D | 2,251 | $317.17 | 59,739 | D | — | — | (F3) These shares were sold in multiple transactions at prices ranging from $316.8101 to $317.7900 inclusive. |
| 3 | Common | Common Stock | 2025-08-05 | M | A | 10,000 | $99.00 | 63,558 | D | — | — | |
| 4 | Common | Common Stock | 2025-08-05 | S | D | 185 | $315.09 | 63,373 | D | — | — | (F1) The price reported in Column 4 for all sales transactions on this report is a weighted average price (with the exception of the sales referenced in footnote 12). The shares sold in footnotes (1) through (11) were sold in multiple transactions at the price ranges provided in footnotes (1) through (11). These shares in footnote (1) were sold in multiple transactions at prices ranging from $314.6800 to $315.5700 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 footnotes (1) through (11) upon request by the SEC staff, the issuer or any shareholder of the issuer. |
| 5 | Common | Common Stock | 2025-08-05 | S | D | 1,191 | $318.37 | 58,548 | D | — | — | (F4) These shares were sold in multiple transactions at prices ranging from $317.8800 to $318.6950 inclusive. |
| 6 | Common | Common Stock | 2025-08-05 | S | D | 990 | $319.98 | 57,558 | D | — | — | (F5) These shares were sold in multiple transactions at prices ranging from $319.5600 to $320.4925 inclusive. |
| 7 | Common | Common Stock | 2025-08-05 | S | D | 2,002 | $321.42 | 55,556 | D | — | — | (F6) These shares were sold in multiple transactions at prices ranging from $321.0800 to $322.0800 inclusive. |
| 8 | Common | Common Stock | 2025-08-05 | S | D | 1,998 | $322.47 | 53,558 | D | — | — | (F7) These shares were sold in multiple transactions at prices ranging from $322.1000 to $322.6650 inclusive. |
| 9 | Common | Common Stock | 2025-08-06 | M | A | 8,000 | $99.00 | 61,558 | D | — | — | |
| 10 | Common | Common Stock | 2025-08-06 | S | D | 344 | $321.95 | 61,214 | D | — | — | (F8) These shares were sold in multiple transactions at prices ranging from $321.5600 to $322.5100 inclusive. |
| 11 | Common | Common Stock | 2025-08-06 | S | D | 4,045 | $323.10 | 57,169 | D | — | — | (F9) These shares were sold in multiple transactions at prices ranging from $322.6200 to $323.6200 inclusive. |
| 12 | Common | Common Stock | 2025-08-06 | S | D | 1,929 | $324.27 | 55,240 | D | — | — | (F10) These shares were sold in multiple transactions at prices ranging from $323.7050 to $324.6900 inclusive. |
| 13 | Common | Common Stock | 2025-08-06 | S | D | 1,650 | $324.88 | 53,590 | D | — | — | (F11) These shares were sold in multiple transactions at prices ranging from $324.7200 to $325.6000 inclusive. |
| 14 | Common | Common Stock | 2025-08-06 | S | D | 32 | $326.23 | 53,558 | D | — | — | (F12) These shares were all sold at the price of $326.23. |
| 15 | Derivative | Employee Stock Option (right to buy) | 2025-08-05 | M | D | 10,000 | $0.00 | 31,000 | D | $99.00 · 2021-02-15 to 2028-02-15 | 10,000 Common Stock | |
| 16 | Derivative | Employee Stock Option (right to buy) | 2025-08-06 | M | D | 8,000 | $0.00 | 23,000 | D | $99.00 · 2021-02-15 to 2028-02-15 | 8,000 Common Stock |