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AI brief of an SEC Form 8-K · Piper Sandler Companies (PIPR)

Piper Sandler adds Wendy L. Schoppert, former Sleep Number CFO, to its board

Neutral Impact 2 of 5 leadership Written later

Piper Sandler Companies elected Wendy L. Schoppert as a director effective September 22, 2026, increasing the board from 10 to 11 members. She was also appointed to the Audit Committee, and her director pay includes a $100,000 pro-rated annual cash retainer and equity grants for the rest of fiscal 2026.

Key points

  • Schoppert, a former CFO of Sleep Number Corporation, will serve an initial term expiring at the 2027 annual shareholder meeting
  • Board size rose from 10 to 11 directors; she joins the Audit Committee
  • Director compensation: pro-rated $100,000 annual cash retainer, $60,000 initial equity grant, and pro-rated $150,000 annual equity grant

The filing

CompanyPiper Sandler Companies (PIPR)
Form8-K, current report
Filed with the SECSep 22, 2026, 9:11 AM ET
Accession number0001230245-26-000034

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 22, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.