Jefferies (NYSE: JEF) president acquires 34,769 deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jefferies Financial Group president Brian P. Friedman acquired 34,769 shares of common stock on February 27, 2026 through a grant/award classified as a dividend reinvestment transaction at $44.40 per share.
After this award, he directly held 3,115,411 shares, with additional indirect holdings reported through various trusts, a family limited partnership, and a profit sharing plan, some of which he partially disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
FRIEDMAN BRIAN P
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,769 | $44.40 | $1.54M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,115,411 shares (Direct);
Common Stock — 162,610 shares (Indirect, By Reporting Person's Trusts)
Footnotes (1)
- Acquisition of deferred shares as a dividend reinvestment in a transaction exempt under Rule 16-b(3)(d)(1) & (2) under the Securities Exchange Act of 1934. The Reporting Person disclaims beneficial ownership of the portion of shares held by the limited partnership in excess of his proportionate pecuniary interest in those shares.
FAQ
What did Jefferies (JEF) president Brian P. Friedman report in this Form 4?
Brian P. Friedman reported receiving 34,769 Jefferies common shares as a grant or award on February 27, 2026. The shares were acquired via a dividend reinvestment transaction exempt under Rule 16b-3, rather than an open-market purchase or sale.
What indirect Jefferies (JEF) holdings for Brian P. Friedman are disclosed in the Form 4?
Indirect holdings include 162,610 shares via the reporting person’s trusts, 496,780 shares via a family limited partnership, 1,800 shares via trusts where he is trustee, and 45,963 shares as trustee of a profit sharing plan, with a partial beneficial ownership disclaimer on the partnership stake.
Was Brian P. Friedman buying or selling Jefferies (JEF) stock in this Form 4?
The Form 4 shows an acquisition via grant or award, not an open-market buy or sell. Friedman received 34,769 shares through a dividend reinvestment-based deferred share transaction categorized as a Rule 16b-3 exempt acquisition rather than discretionary trading activity.