Jefferies (NYSE: JEF) general counsel adds 746 shares
Rhea-AI Filing Summary
Jefferies Financial Group Inc. (JEF) reported that executive vice president and general counsel Michael J. Sharp acquired 746 shares of common stock on August 28, 2026 through a grant/award acquisition. The filing describes this as an acquisition of deferred shares via dividend reinvestment in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.
Following this award, Sharp directly holds 168,409 shares of JEF common stock. He also has an additional 5 shares held indirectly, reported as owned "By Trustee of Profit Sharing Plan." The Rule 10b5-1 trading plan checkbox is not marked as applicable for this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 746 shares
Net Buy
2 txns
Insider
Sharp Michael J.
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 746 | $53.09 | $40K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 168,409 shares (Direct);
Common Stock — 5 shares (Indirect, By Trustee of Profit Sharing Plan)
Footnotes (1)
- F1. 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.
Key Figures
Shares acquired: 746 shares of Common Stock
Transaction price per share: $53.09 per share
Direct holdings after transaction: 168,409 shares
+1 more
4 metrics
Shares acquired
746 shares of Common Stock
Grant/award acquisition on August 28, 2026
Transaction price per share
$53.09 per share
Price reported for the 746-share acquisition on August 28, 2026
Direct holdings after transaction
168,409 shares
Total JEF common stock directly owned by Michael J. Sharp following the award
Indirect holdings after transaction
5 shares
Held indirectly "By Trustee of Profit Sharing Plan"
Key Terms
Rule 16b-3(d)(1) & (2), deferred shares, dividend reinvestment, Profit Sharing Plan, +1 more
5 terms
Rule 16b-3(d)(1) & (2) regulatory
"transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities"
dividend reinvestment financial
"deferred shares as a dividend reinvestment in a transaction exempt"
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.
Profit Sharing Plan financial
"nature_of_ownership": "By Trustee of Profit Sharing Plan""
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transaction did JEF report for Michael J. Sharp on August 28, 2026?
Jefferies Financial Group Inc. reported that Michael J. Sharp acquired 746 shares of JEF common stock on August 28, 2026 through a grant/award-type transaction characterized as an acquisition of deferred shares via dividend reinvestment exempt under Rule 16b-3(d)(1) & (2).
Was Michael J. Sharp’s JEF stock acquisition part of a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for this Form 4, and the footnote instead states the acquisition was a dividend reinvestment transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.
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