Jefferies director receives 5,461-share stock award
Adamany Linda reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Adamany Linda reported acquisition or exercise transactions in this Form 4 filing.
Jefferies Financial Group director Linda Adamany received a grant of 5,461 shares of common stock under the company’s Equity Compensation Plan. The shares were valued at $40.28 per share for reporting purposes. After this award, she directly holds 84,759 shares of Jefferies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,461 shares
Grant/Award
1 txn
Insider
Adamany Linda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,461 | $40.28 | $220K |
Holdings After Transaction:
Common Stock — 84,759 shares (Direct)
Footnotes (1)
- F1. Acquisition of securities under Jefferies Financial Group Inc.'s Equity Compensation Plan in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.
FAQ
What did Jefferies (JEF) director Linda Adamany report on this Form 4?
Linda Adamany reported receiving 5,461 shares of Jefferies common stock as a grant. The award was issued under Jefferies Financial Group Inc.’s Equity Compensation Plan and represents compensation rather than an open-market share purchase or sale.
At what price was Linda Adamany’s Jefferies (JEF) stock grant reported?
The 5,461-share stock grant to Linda Adamany was reported at $40.28 per share. This figure is used for Form 4 reporting purposes and reflects the value assigned to the equity compensation award on the grant date.
Was Linda Adamany’s Jefferies (JEF) stock grant an open-market transaction?
No, the transaction was not an open-market trade. The footnote explains it was an acquisition under Jefferies Financial Group Inc.’s Equity Compensation Plan, exempt under Rule 16b-3(d)(1) and (2), indicating a board-approved compensation award rather than a market purchase.
What regulatory exemption applies to this Jefferies (JEF) director stock grant?
The grant is described as exempt under Rule 16b-3(d)(1) and (2) of the Securities Exchange Act of 1934. This rule generally provides an exemption from certain short-swing profit rules for director and officer transactions made under approved compensation plans.
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