NESI VICTOR (Co-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: 2/20/2026ACC: 0001193125-26-061521
Officer· Co-President
Since Aug 2018
+27.35K
Net shares
Net buyer
$2.27M
Total sold
0
Open market trades
0B · 0S
4
Total transactions
83.21K acquired · 55.86K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+36.98K
Price / share
—
Trade value
—
% of position
25.2%
2/18/2026
146.94K→183.93K
Common Stock
Direct
Shares
−18.88K
Price / share
$120.49
Trade value
$2.27M
% of position
10.3%
2/18/2026
183.93K→165.05K
Total
Net shares
+18.10K
Net value
-$2.27M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/18/2026 | M · Option Exercise | +36.98K | — | — | 25.2% | 146.94K | 183.93K |
| Common Stock Direct | 2/18/2026 | F · Tax Withholding | −18.88K | $120.49 | $2.27M | 10.3% | 183.93K | 165.05K |
| Total | +18.10K | -$2.27M | ||||||
Derivative Transactions2
Phantom Stock Units
Direct
Converts to
Common Stock
46.23K shares
Shares
+46.23K
Strike price
0
Held after
95.99K
Exercisable
—
2/18/2026
Phantom Stock Units
Direct
Converts to
Common Stock
36.98K shares
Shares
−36.98K
Strike price
0
Held after
59.01K
Exercisable
—
2/18/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Stock Units Direct | Common Stock46.23K shares | 2/18/2026 | A · Award | +46.23K | 0 | — | 95.99K |
| Phantom Stock Units Direct | Common Stock36.98K shares | 2/18/2026 | M · Option Exercise | −36.98K | 0 | — | 59.01K |
Non-Derivative Holdings (Post-Transaction)3
Common Stock
IndirectShares owned41.98K
Common Stock
IndirectShares owned44.23K
Common Stock
IndirectShares owned31K
Total
117.21K indirect117.21K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 41.98K | Indirect |
| Common Stock | 44.23K | Indirect |
| Common Stock | 31K | Indirect |
| Total | 117.21K | 117.21K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported