Jefferies (NYSE: JEF) CEO gets 97K-share award, covers taxes with stock
Rhea-AI Filing Summary
Jefferies Financial Group Inc. CEO Richard B. Handler reported compensation-related stock activity. He received a grant of 97,136 shares of common stock on May 29, 2026 at a reference price of $52.72 per share. On the same date, 10,545 shares were withheld at $52.94 per share to cover tax liabilities tied to long-term equity grants, and 487 shares were disposed of to the issuer in connection with performance stock unit forfeitures.
After these direct transactions, Handler directly holds 12,549,867 common shares. The filing also lists additional indirect holdings in Jefferies common stock through various trusts, LLCs, a profit sharing plan and spouse-related entities, each identified with its own share count and nature of ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 86,104 shares
Net Buy
15 txns
Insider
HANDLER RICHARD B
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,545 | $52.94 | $558K |
| Grant/Award | Common Stock | 97,136 | $52.72 | $5.12M |
| Disposition | Common Stock | 487 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
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Holdings After Transaction:
Common Stock — 12,549,867 shares (Direct);
Common Stock — 287,858 shares (Indirect, By Reporting Person's 2012 Trust);
Common Stock — 279,504 shares (Indirect, By Spouse of Reporting Person's Trust);
Common Stock — 231,268 shares (Indirect, By Reporting Person's 2003 Trust);
Common Stock — 331,685 shares (Indirect, By Reporting Person's 2022 LLC);
Common Stock — 85,584 shares (Indirect, By Reporting Person's 2022-A LLC);
Common Stock — 120,754 shares (Indirect, By Reporting Person's 2023-A LLC);
Common Stock — 121,898 shares (Indirect, By Reporting Person's 2023-B LLC);
Common Stock — 3,637 shares (Indirect, By Reporting Person's 2024-B LLC);
Common Stock — 17,340 shares (Indirect, By Reporting Person's 2025-B LLC);
Common Stock — 1,000,000 shares (Indirect, By Reporting Person's 2025-B Trust);
Common Stock — 244,140 shares (Indirect, By Reporting Person's 2025-D Trust);
Common Stock — 131,354 shares (Indirect, By Trustee of Profit Sharing Plan)
Footnotes (3)
- F1. Forfeiture of PSUs relating to prior equity grants due to recalculation of performance metrics. These transactions are exempt under Rule 16b-3(e) under the Securities Exchange Act of 1934.
- F2. Shares withheld to pay tax liability resulting from distribution of deferred shares related to long-term equity grants.
- F3. 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
Equity grant: 97,136 shares
Tax withholding shares: 10,545 shares
Disposition to issuer: 487 shares
+3 more
6 metrics
Equity grant
97,136 shares
Common Stock grant on May 29, 2026 at $52.72 per share
Tax withholding shares
10,545 shares
Shares withheld on May 29, 2026 at $52.94 per share for tax liability
Disposition to issuer
487 shares
Common Stock disposition to issuer on May 28, 2026 at $0.00
Direct holdings after transactions
12,452,731 shares
Common Stock directly owned following May 29, 2026 transactions
Profit Sharing Plan holding
131,354 shares
Indirect ownership by Trustee of Profit Sharing Plan as of May 28, 2026
2025-B Trust holding
1,000,000 shares
Indirect ownership by Reporting Person's 2025-B Trust as of May 28, 2026
Key Terms
Rule 16b-3(e), performance stock units, deferred shares, dividend reinvestment, +2 more
6 terms
Rule 16b-3(e) regulatory
"Forfeiture of PSUs relating to prior equity grants due to recalculation of performance metrics. These transactions are exempt under Rule 16b-3(e)"
performance stock units financial
"Forfeiture of PSUs relating to prior equity grants due to recalculation of performance metrics."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
Profit Sharing Plan financial
"By Trustee of Profit Sharing Plan"
tax liability financial
"Shares withheld to pay tax liability resulting from distribution of deferred shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Jefferies (JEF) CEO Richard B. Handler report in this Form 4?
Jefferies CEO Richard B. Handler reported a stock grant, tax withholding, and a small disposition to the issuer. The activity reflects compensation-related equity awards and adjustments rather than open-market buying or selling of Jefferies common stock.
What does the forfeiture of Jefferies (JEF) PSUs mean in this filing?
The filing notes forfeiture of performance stock units due to recalculation of performance metrics, resulting in a 487-share disposition to the issuer. These transactions are exempt under Rule 16b-3(e) and adjust prior equity grants rather than representing market trades.
Are the Jefferies (JEF) CEO transactions open-market buys or sells?
No, the reported transactions are not open-market trades. They are a grant of shares as compensation, shares withheld to cover tax liabilities, and a small disposition to the issuer tied to performance stock unit forfeitures and equity plan mechanics.