---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-033351"
form_type: "8-K"
ticker: "PIPR"
cik: "0001230245"
company_name: "PIPER SANDLER COMPANIES"
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:20:08.104929+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Piper Sandler announces 4-for-1 forward stock split effective March 23, 2026

## Summary
- 4-for-1 forward stock split; authorized common shares increased from 100M to 400M.
- Effective at 4:30 p.m. ET on March 23, 2026; split-adjusted trading begins March 24.
- New CUSIP number for common stock post-split: 724078209.
- Proportionate adjustment to shares registered under existing S-8 registration statements.

## SEC filing metadata
- accession: 0001104659-26-033351
- form_type: 8-K
- ticker: PIPR
- cik: 0001230245
- company_name: PIPER SANDLER COMPANIES
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1230245/000110465926033351/0001104659-26-033351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1230245/000110465926033351/tm268988d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-033351
- JSON: https://secwatch.observer/filing/0001104659-26-033351.json
- Plain text: https://secwatch.observer/filing/0001104659-26-033351.txt

## Source-grounded claims
- claim_id: e646958ac591fb9b23d4e8e42b68b841d0fbb062
  claim: PIPER SANDLER COMPANIES: Amendment to Certificate of Incorporation to effect a four-for-one forward stock split and increase authorized common stock from 100,000,000 to 400,000,000 shares (effective 2026-03-23).
  evidence_excerpt: On March 23, 2026, Piper Sandler Companies (the “Company”) filed an amendment (the “Amendment”) to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the previously announced four-for-one forward stock split (the “Stock Split”) of the Company’s common stock, par value $0.01 per share (the “Common Stock”), without any change to its par value, and to proportionately increase the number of shares of the Company’s authorized Common Stock from 100,000,000 to 400,000,000 in connection with the Stock Split.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1230245/000110465926033351/0001104659-26-033351-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.