Jefferies CEO gifts JEF shares in tax move
Jefferies Financial Group CEO Richard B. Handler reported internal movements of Jefferies common stock among his direct holdings and related entities.
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Rhea-AI Filing Summary
Jefferies Financial Group CEO Richard B. Handler reported internal movements of Jefferies common stock among his direct holdings and related entities. The Form 4 shows bona fide gift transfers of common shares at a price of $0.00 per share, labeled as tax planning.
According to the footnote, shares were gifted to an LLC managed by Handler, whose trusts are members, and the transactions result in no increases or decreases to his beneficial holdings. The filing also updates indirect holdings across several trusts, LLCs and a profit-sharing plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 259,010 | $0.00 | $0.00 |
| Gift | Common Stock | 259,010 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Shares gifted to a LLC of which Reporting Person is the manager and Reporting Person's trusts are its members. This transfer reflects tax planning and results in no increases or decreases to Reporting Person's beneficial holdings. These transactions may be exempt under Rule 16a-13.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Jefferies (JEF) report for Richard B. Handler?
Did Richard Handler’s Jefferies (JEF) stock gifts change his beneficial ownership stake?
Were Richard Handler’s Jefferies stock gifts open-market sales or purchases?
What SEC rule might apply to Richard Handler’s Jefferies stock gifts?
AI-generated analysis. How Rhea-AI works. Not financial advice.
