MICHAUD THOMAS B. (Senior Vice President) exercised options at STIFEL FINANCIAL CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/15/2026ACC: 0001193125-26-014207
Officer· Senior Vice President
Since Feb 2026
-7.49K
Net shares
Net seller
$937.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
14.96K acquired · 22.45K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+14.96K
Price / share
—
Trade value
—
% of position
21.5%
1/13/2026
69.47K→84.43K
Common Stock
Direct
Shares
−7.49K
Price / share
$125.22
Trade value
$937.90K
% of position
8.9%
1/13/2026
84.43K→76.94K
Total
Net shares
+7.47K
Net value
-$937.90K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/13/2026 | M · Option Exercise | +14.96K | — | — | 21.5% | 69.47K | 84.43K |
| Common Stock Direct | 1/13/2026 | F · Tax Withholding | −7.49K | $125.22 | $937.90K | 8.9% | 84.43K | 76.94K |
| Total | +7.47K | -$937.90K | ||||||
Derivative Transactions1
Phantom Stock Units
Direct
Converts to
Common Stock
14.96K shares
Shares
−14.96K
Strike price
0
Held after
32.95K
Exercisable
—
1/13/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Stock Units Direct | Common Stock14.96K shares | 1/13/2026 | M · Option Exercise | −14.96K | 0 | — | 32.95K |