Jefferies (NYSE: JEF) president gifts 472,804 shares to family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jefferies Financial Group Inc. insider filing: President and director Brian P. Friedman reported a gift of 472,804 shares of Jefferies common stock on February 2, 2026, coded as a charitable/estate gift at $0 per share.
The shares were gifted to a family trust, and a footnote states he is neither a trustee nor a beneficiary of that trust. Following the transaction, he directly holds 2,993,251 common shares, with additional indirect holdings through his trusts, a family limited partnership, other trusts where he serves as trustee, and a profit sharing plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
472,804 shares gifted
Mixed
5 txns
Insider
FRIEDMAN BRIAN P
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 472,804 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,993,251 shares (Direct);
Common Stock — 250,000 shares (Indirect, By Reporting Person's Trusts)
Footnotes (1)
- Gift of shares to family trust, of which the reporting person is neither a trustee nor a beneficiary. 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 insider transaction did Jefferies (JEF) president Brian P. Friedman report?
Brian P. Friedman reported a gift of 472,804 shares of Jefferies common stock on February 2, 2026. The transaction code is “G,” indicating a bona fide gift, and the shares were transferred at $0 per share to a family trust.
Does Brian P. Friedman claim full beneficial ownership of all Jefferies (JEF) partnership shares?
No. A footnote states he disclaims beneficial ownership of the portion of Jefferies shares held by the family limited partnership that exceeds his proportionate pecuniary interest, clarifying that not all partnership-held shares are economically attributable to him personally.
What roles does Brian P. Friedman hold at Jefferies (JEF) according to this filing?
Brian P. Friedman is identified as both a director and an officer of Jefferies Financial Group Inc. His officer title in the filing is “President,” highlighting his dual governance and executive responsibilities at the company alongside his reported equity holdings.