PIPER SANDLER COMPANIES

Ticker: PIPR CUSIP: 724078100 Class: EQTY

NISA INVESTMENT ADVISORS, LLC's Holding History (CIK: 0000937615)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 3,326 Value ($000) $1,130 Avg Close $337.82 Range $308.86 - $372.75

Q3 2025

Shares 3,384 Value ($000) $1,174 Avg Close $326.18 Range $274.99 - $374.77

Q2 2025

Shares 5,622 Value ($000) $1,563 Avg Close $249.18 Range $202.91 - $286.41

Q1 2025

Shares 6,061 Value ($000) $1,501 Avg Close $286.30 Range $238.37 - $333.09

Q4 2024

Shares 5,861 Value ($000) $1,758 Avg Close $311.23 Range $278.14 - $351.80

Q3 2024

Shares 5,711 Value ($000) $1,621 Avg Close $261.59 Range $222.50 - $289.02

Q2 2024

Shares 6,661 Value ($000) $1,533 Avg Close $204.96 Range $183.58 - $231.50

Q1 2024

Shares 7,011 Value ($000) $1,392 Avg Close $182.80 Range $162.50 - $200.00

Q4 2023

Shares 6,311 Value ($000) $1,104 Avg Close $152.17 Range $130.89 - $182.87

Q3 2023

Shares 7,116 Value ($000) $1,034 Avg Close $144.50 Range $124.46 - $154.62

Q2 2023

Shares 7,516 Value ($000) $972 Avg Close $132.07 Range $120.97 - $142.72

Q1 2023

Shares 9,736 Value ($000) $1 Avg Close $142.52 Range $122.17 - $162.20

Q4 2022

Shares 6,761 Value ($000) $1 Avg Close $130.65 Range $104.85 - $150.93

Q3 2022

Shares 6,761 Value ($000) $723 Avg Close $116.47 Range $102.60 - $133.73

Q2 2022

Shares 6,750 Value ($000) $765 Avg Close $120.84 Range $108.66 - $133.73

Q1 2022

Shares 11,645 Value ($000) $1,528 Avg Close $147.34 Range $120.97 - $187.00

Q4 2021

Shares 6,525 Value ($000) $1,006 Avg Close $169.95 Range $137.89 - $193.60

Q3 2021

Shares 5,250 Value ($000) $727 Avg Close $133.96 Range $114.64 - $151.04

Q2 2021

Shares 5,250 Value ($000) $680 Avg Close $122.50 Range $109.61 - $135.17

Q1 2021

Shares 9,950 Value ($000) $1,091 Avg Close $106.08 Range $90.84 - $124.03

Q4 2020

Shares 11,750 Value ($000) $1,186 Avg Close $90.71 Range $71.64 - $106.17

Q3 2020

Shares 12,100 Value ($000) $883 Avg Close $68.20 Range $54.68 - $78.25

Q2 2020

Shares 11,450 Value ($000) $677 Avg Close $56.35 Range $46.50 - $72.80

Q1 2020

Shares 10,750 Value ($000) $544 Avg Close $71.26 Range $31.95 - $87.45

Q4 2019

Shares 10,710 Value ($000) $856 Avg Close $77.47 Range $68.93 - $82.55

Q3 2019

Shares 9,110 Value ($000) $688 Avg Close $74.55 Range $69.68 - $79.31

Q2 2019

Shares 11,850 Value ($000) $880 Avg Close $75.59 Range $70.01 - $82.52

Q1 2019

Shares 14,420 Value ($000) $1,050 Avg Close $70.94 Range $64.66 - $75.21

Q4 2018

Shares 5,720 Value ($000) $377 Avg Close $69.76 Range $61.35 - $78.11

Q3 2018

Shares 5,720 Value ($000) $437 Avg Close $76.80 Range $72.60 - $80.70

Q2 2018

Shares 7,020 Value ($000) $539 Avg Close $78.29 Range $67.75 - $85.80

Q1 2018

Shares 16,350 Value ($000) $1,364 Avg Close $88.45 Range $79.85 - $99.80

Q4 2017

Shares 4,200 Value ($000) $362 Avg Close $72.11 Range $59.20 - $87.45

Q3 2017

Shares 4,200 Value ($000) $249 Avg Close $59.02 Range $52.75 - $65.85

Q2 2017

Shares 4,200 Value ($000) $247 Avg Close $60.36 Range $56.55 - $64.10

Q1 2017

Shares 4,050 Value ($000) $259 Avg Close $70.79 Range $61.43 - $81.85

Q4 2016

Shares 4,100 Value ($000) $297 Avg Close $63.14 Range $47.72 - $77.80

Q3 2016

Shares 4,400 Value ($000) $213 Avg Close $43.55 Range $36.80 - $48.70

Q2 2016

Shares 4,400 Value ($000) $166 Avg Close $42.46 Range $35.36 - $50.15

Q1 2016

Shares 4,400 Value ($000) $218 Avg Close $40.50 Range $31.66 - $50.66

Q1 2015

Shares 4,400 Value ($000) $231 Avg Close $54.32 Range $49.78 - $58.88

Q4 2014

Shares 4,500 Value ($000) $261 Avg Close $54.91 Range $44.73 - $59.94

Q3 2014

Shares 4,500 Value ($000) $235 Avg Close $53.33 Range $49.24 - $56.91

Q2 2014

Shares 4,500 Value ($000) $233 Avg Close $45.02 Range $39.40 - $52.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,326	$1,130	$337.82	$308.86 - $372.75
Q3 2025	3,384	$1,174	$326.18	$274.99 - $374.77
Q2 2025	5,622	$1,563	$249.18	$202.91 - $286.41
Q1 2025	6,061	$1,501	$286.30	$238.37 - $333.09
Q4 2024	5,861	$1,758	$311.23	$278.14 - $351.80
Q3 2024	5,711	$1,621	$261.59	$222.50 - $289.02
Q2 2024	6,661	$1,533	$204.96	$183.58 - $231.50
Q1 2024	7,011	$1,392	$182.80	$162.50 - $200.00
Q4 2023	6,311	$1,104	$152.17	$130.89 - $182.87
Q3 2023	7,116	$1,034	$144.50	$124.46 - $154.62
Q2 2023	7,516	$972	$132.07	$120.97 - $142.72
Q1 2023	9,736	$1	$142.52	$122.17 - $162.20
Q4 2022	6,761	$1	$130.65	$104.85 - $150.93
Q3 2022	6,761	$723	$116.47	$102.60 - $133.73
Q2 2022	6,750	$765	$120.84	$108.66 - $133.73
Q1 2022	11,645	$1,528	$147.34	$120.97 - $187.00
Q4 2021	6,525	$1,006	$169.95	$137.89 - $193.60
Q3 2021	5,250	$727	$133.96	$114.64 - $151.04
Q2 2021	5,250	$680	$122.50	$109.61 - $135.17
Q1 2021	9,950	$1,091	$106.08	$90.84 - $124.03
Q4 2020	11,750	$1,186	$90.71	$71.64 - $106.17
Q3 2020	12,100	$883	$68.20	$54.68 - $78.25
Q2 2020	11,450	$677	$56.35	$46.50 - $72.80
Q1 2020	10,750	$544	$71.26	$31.95 - $87.45
Q4 2019	10,710	$856	$77.47	$68.93 - $82.55
Q3 2019	9,110	$688	$74.55	$69.68 - $79.31
Q2 2019	11,850	$880	$75.59	$70.01 - $82.52
Q1 2019	14,420	$1,050	$70.94	$64.66 - $75.21
Q4 2018	5,720	$377	$69.76	$61.35 - $78.11
Q3 2018	5,720	$437	$76.80	$72.60 - $80.70
Q2 2018	7,020	$539	$78.29	$67.75 - $85.80
Q1 2018	16,350	$1,364	$88.45	$79.85 - $99.80
Q4 2017	4,200	$362	$72.11	$59.20 - $87.45
Q3 2017	4,200	$249	$59.02	$52.75 - $65.85
Q2 2017	4,200	$247	$60.36	$56.55 - $64.10
Q1 2017	4,050	$259	$70.79	$61.43 - $81.85
Q4 2016	4,100	$297	$63.14	$47.72 - $77.80
Q3 2016	4,400	$213	$43.55	$36.80 - $48.70
Q2 2016	4,400	$166	$42.46	$35.36 - $50.15
Q1 2016	4,400	$218	$40.50	$31.66 - $50.66
Q1 2015	4,400	$231	$54.32	$49.78 - $58.88
Q4 2014	4,500	$261	$54.91	$44.73 - $59.94
Q3 2014	4,500	$235	$53.33	$49.24 - $56.91
Q2 2014	4,500	$233	$45.02	$39.40 - $52.00