Piper Sandler grants CEO Chad Abraham special option for 75,000 shares with ~$3.375M value

PIPER SANDLER COMPANIES

CEO Chad R. Abraham granted special performance-based non-qualified stock option to purchase 75,000 shares.
Grant date fair value approximately $3,375,000; exercise price is closing price on grant date plus 10%.
Vests in equal installments on Feb 15, 2026, 2027, and 2028; option expires Feb 15, 2033.
Last special option grant to Abraham was in February 2018 upon his promotion to CEO.

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