Jefferies (NYSE: JEF) director granted 538 deferred shares via dividend reinvestment

Rhea-AI Filing Summary

Jefferies Financial Group Inc. director Michael T. O'Kane reported receiving an automatic share award through dividend reinvestment. On May 29, 2026, he acquired 538 shares of common stock at $52.72 per share in a transaction classified as a grant or award under insider rules.

The filing notes this was an acquisition of deferred shares as a dividend reinvestment in a transaction exempt under Rule 16b-3(d)(1) and (2). Following this award, O'Kane directly owns 132,492 shares of Jefferies common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider O Kane Michael T

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	538	$52.72	$28K

Holdings After Transaction: Common Stock — 132,492 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 538 shares Price per share: $52.72 per share Total holdings after award: 132,492 shares

3 metrics

Shares acquired 538 shares Deferred share dividend reinvestment on May 29, 2026

Price per share $52.72 per share Reference price for the awarded shares

Total holdings after award 132,492 shares Director’s direct ownership after the transaction

Key Terms

deferred shares, dividend reinvestment, Rule 16b-3(d)(1) & (2)

3 terms

deferred shares financial

"Acquisition of deferred shares as a dividend reinvestment in a transaction exempt under Rule 16b-3(d)(1) & (2)"

Deferred shares are a class of stock whose economic benefits or certain shareholder rights are delayed or paid later than ordinary shares—for example, dividends may be paid only after other shareholders receive theirs, or voting or redemption rights may be postponed. For investors, that timing difference matters because deferred shares typically offer lower near-term income and different risk, affecting expected returns, priority in payouts, and the share’s market value; think of them like a delayed paycheck compared with a regular salary.

dividend reinvestment financial

"Acquisition of deferred shares as a dividend reinvestment in a transaction exempt under Rule 16b-3(d)(1) & (2)"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

Rule 16b-3(d)(1) & (2) regulatory

"transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

O Kane Michael T

(Last) (First) (Middle)

C/O JEFFERIES FINANCIAL GROUP INC.

520 MADISON AVE.

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jefferies Financial Group Inc. [ JEF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/29/2026		A(1)		538	A	$52.72	132,492	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Acquisition of deferred shares as a dividend reinvestment in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.

Remarks:

	/s/ Joanna Jia, by power of attorney	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Jefferies (JEF) director Michael T. O'Kane report in this Form 4?

Michael T. O'Kane reported receiving 538 Jefferies common shares as a grant via dividend reinvestment. The transaction is classified as an acquisition of deferred shares and is exempt under Rule 16b-3, reflecting routine compensation-related activity rather than an open-market trade.

How many Jefferies (JEF) shares did Michael T. O'Kane acquire and at what price?

He acquired 538 shares of Jefferies common stock at $52.72 per share. These shares were received as a deferred share dividend reinvestment, not purchased on the open market, and are treated as a grant or award under insider transaction reporting rules.

What is Michael T. O'Kane’s total Jefferies (JEF) shareholding after this transaction?

After this dividend reinvestment award, Michael T. O'Kane directly owns 132,492 shares of Jefferies common stock. This total includes the newly acquired 538 deferred shares and represents his updated direct ownership position as reported in the Form 4 filing.

Was the Jefferies (JEF) Form 4 transaction an open-market buy or a compensation award?

The transaction was a compensation-related award, not an open-market purchase. It is described as an acquisition of deferred shares through dividend reinvestment, classified under code A as a grant or award, and is exempt under Rule 16b-3(d)(1) and (2).

What does the Rule 16b-3 exemption mean for this Jefferies (JEF) insider transaction?

The Rule 16b-3 exemption means the deferred share acquisition is treated as an approved, insider-compensation transaction. It indicates the dividend reinvestment award to Michael T. O'Kane is exempt from certain short-swing profit liability provisions under the Securities Exchange Act of 1934.