Schoneman Debbra L.

PIPR President sells 5,240 shares (64.4% of holdings) for $1,839,213.02; outsized reduction with perfect 5-of-5 well-timed prior track record at this ticker.

Debbra L. Schoneman, President of Piper Sandler Companies, executed 2 separate sales totaling 5,240 shares for $1,839,213.02 on 2026-02-11, reducing her holdings from 8,136 shares to 2,896 shares—a -64.4% reduction of pre-transaction holdings. This is a substantial liquidation for an executive at her level. Her prior 5 sales at PIPR (all on 2025-11-05 and 2025-02-13) showed a 100% well-timed rate at the 90-day mark, with each prior sale followed by 90-day declines ranging from -73.3% to -78.8%, indicating a demonstrated pattern of selling before subsequent stock weakness. The current 30-day decline of -10.6% and 90-day decline of -1.7% suggest the timing signal embedded in her track record—though modest thus far—is consistent with prior directional outcomes. Given the company's solid fundamentals (P/E of 6.03, annual revenue growth of +13.2%, net income of $60,266,000.00), this outsized executive liquidation warrants attention to whether it signals information asymmetry or portfolio rebalancing needs.

PIPR President Schoneman sells 2,500 shares for $825,825.50; 5 prior sales all well-timed (90d -71.8% avg)

Debbra L. Schoneman, President of Piper Sandler Companies, executed 4 separate sales totaling 2,500 shares for $825,825.50 on 2025-11-05 at a blended average price of $330.33, reducing her holdings by 46.3%. The most significant context is her prior trading pattern at PIPR: all 5 prior trades at this ticker were well-timed at the 90-day mark, with negative 90-day returns ranging from -78.9% to -68.6%, and her cross-ticker track record shows 20 prior sells with a 100% well-timed rate. Against this backdrop of consistent forward-looking accuracy, this large liquidation of nearly half her position warrants attention. The current stock price of $83.81 is -9.2% from the 52-week high and -2.6% over 30 days, though the company's fundamentals remain solid with revenue of $479,276,000.00, net income of $60,266,000.00, annual revenue growth of +13.2%, and a low P/E of 6.27.

President Schoneman sells 15,000 shares (79.6% of holdings) at $299.45 avg, down from 52-week high

Debbra L. Schoneman, President of Piper Sandler, executed 4 separate sales totaling 15,000 shares for $4,491,758.15 on 2025-02-13, reducing her holdings from 18,837 shares to 3,837 shares (a -79.6% reduction). The blended average transaction price of $299.45 occurred near the current 52-week high, with the stock now trading at $76.50—a significant move downward post-transaction. Her prior PIPR trades show a consistent pattern: all 5 of 5 prior sells at this ticker produced negative 90-day returns averaging -68.4% to -68.8%, and her cross-ticker track record of 20 prior sells achieved a 100.00% well-timed rate (avg 90d return -70.6%). This substantial reduction in executive holdings at relatively elevated price levels, combined with the insider's demonstrated pattern of well-timed sales across both her PIPR history and broader trading activity, represents a material signal warrant attention.