{"schema_version":"secwatch.filing_event.v1","accession":"0001230245-26-000008","form_type":"8-K","ticker":"PIPR","cik":"0001230245","company_name":"PIPER SANDLER COMPANIES","filed_at":"2026-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.667643+00:00","generated_at":"2026-05-16T04:02:11.627628+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Piper Sandler reports record Q4 revenue $666M; 4-for-1 stock split, special dividend $5","bullets":["Q4 GAAP net revenue $666M (+38% YoY); adjusted net revenue $635M (+27% YoY).","GAAP diluted EPS $6.40 (up 66% YoY); adjusted diluted EPS $6.88 (up 43% YoY).","Full year 2025 net revenue $1.899B (+24% YoY); net income $281M (+55% YoY).","Board approves 4-for-1 stock split, effective March 23, 2026; split-adjusted trading starts March 24.","Declares special dividend of $5.00 per share and quarterly dividend of $0.70 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001230245-26-000008","json":"https://secwatch.observer/filing/0001230245-26-000008.json","markdown":"https://secwatch.observer/filing/0001230245-26-000008.md","text":"https://secwatch.observer/filing/0001230245-26-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1230245/000123024526000008/0001230245-26-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1230245/000123024526000008/pipr-20260206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:02:11.627628+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}