Piper Sandler Companies officer Debbra L. Schoneman filed a Form 144 notice of proposed sale on November 2, 2026, covering 39,708 shares of common stock to be sold through Charles Schwab & Co., Inc. via a cashless employee stock option exercise.

Key Highlights

  • Proposed shares: 39,708 shares of Piper Sandler Companies common stock are proposed for sale.
  • Aggregate market value: The filing states an aggregate market value of $2,675,423.00 for the shares to be sold.
  • Shares outstanding: According to the filing, 70,670,291 shares of common stock were outstanding at the time of notice.
  • Acquisition method: The securities were acquired on November 2, 2026, through an employee stock option exercise, with payment described as "Broker Payment for Cashless Exercise."
  • Broker: Charles Schwab & Co., Inc., located in Westlake, Texas, is named as the broker for the proposed sale.
  • Prior sales: The filing reports nothing to report for securities sold during the past three months.
  • Exchange: The securities are listed on NYSE, and Piper Sandler Companies trades under NYSE:PIPR according to the filing's issuer information and exchange designation.

Schoneman's Proposed Cashless Option Exercise at Piper Sandler

According to the Form 144 filed with the U.S. Securities and Exchange Commission, Debbra L. Schoneman, identified as an officer of Piper Sandler Companies, filed a notice of proposed sale on November 2, 2026. The notice covers 39,708 shares of the company's common stock, with an approximate sale date of November 2, 2026, and an aggregate market value of $2,675,423.00 as stated in the filing.

The filing discloses that the shares to be sold were acquired on November 2, 2026, through an employee stock option exercise from Piper Sandler Companies. The nature of payment is described in the filing as "Broker Payment for Cashless Exercise," meaning the option exercise cost is satisfied through the proceeds of the sale rather than an upfront cash outlay by Schoneman. Charles Schwab & Co., Inc., based at 3000 Schwab Way, Westlake, Texas 76262, is identified as the executing broker.

The filing indicates that 70,670,291 shares of Piper Sandler Companies common stock were outstanding at the time of the notice. Schoneman reported no sales of issuer securities during the prior three months. The notice is dated November 2, 2026, and was submitted as a live filing with SEC File Number 001-31720 for the issuer, whose address is listed as 350 North 5th Street, Suite 1000, Minneapolis, Minnesota 55401.

What Was Disclosed

Piper Sandler Companies officer Debbra L. Schoneman filed a Form 144 proposing to sell 39,708 shares of common stock with an aggregate market value of $2,675,423.00, acquired through a cashless employee stock option exercise on November 2, 2026, with no prior sales in the past three months.