Geelan John W

PIPR General Counsel Geelan sells 2,000 shares for $645,371 across 2 trades; prior same-ticker sales both well-timed.

John W. Geelan, General Counsel of Piper Sandler Companies, executed 2 separate sales on 2025-08-11, selling 366 shares at $321.46 and 1,634 shares at $322.96, totaling 2,000 shares for $645,371.00 at a blended average price of $322.69. This reduces his holdings from 14,645 shares to 12,645 shares, a 13.7% reduction in his position. His prior 2 open-market sells at PIPR (both on 2024-11-07) exhibited a 90-day well-timed rate of 100%, with both sales followed by negative 90-day returns of -75.5% and -76.2%, indicating the insider consistently sold before subsequent declines at this ticker. The company carries a low P/E of 6.82 and posted revenue growth of +13.2% year-over-year, but this latest transaction continues a pattern of opportunistic selling by an executive with a demonstrable track record of selling prior to stock weakness at PIPR.

General Counsel Geelan sold 1,500 shares ($511,995.60) at blended $341.33 on Nov 7; holds 13,565 shares post-sale

Geelan John W, General Counsel at Piper Sandler, executed two separate sales totaling 1,500 shares for $511,995.60 at prices near the 52-week high ($341.33 blended average vs. $86.79 peak). This represents a 10.0% reduction in his holdings to 13,565 shares. The sales occurred at prices substantially elevated above the current market price of $83.61, suggesting a material shift in stock valuation rather than a modest rebalancing activity. Without visibility into whether these sales were scheduled (10b5-1 plan) or discretionary, the scale and timing relative to recent price momentum (90-day +29.2%) merit observation for context, though the modest percentage reduction and continued significant ownership stake (13.6K shares remaining) do not signal alarm.