Jefferies president gifts 81,734 shares to charity
On August 7, 2026, Brian P. Friedman, president and director of Jefferies Financial Group Inc., made a bona fide charitable gift of 81,734 shares of common stock to a non-profit organization.
Rhea-AI Filing Summary
On August 7, 2026, Brian P. Friedman, president and director of Jefferies Financial Group Inc., made a bona fide charitable gift of 81,734 shares of common stock to a non-profit organization. Following the gift, he directly held 2,008,247 shares of Jefferies common stock.
He also reported indirect holdings of 1,216,578 shares held by his trusts; 496,780 shares held by a family limited partnership, for which he disclaims beneficial ownership beyond his proportionate pecuniary interest; 1,800 shares in trusts where he is trustee; and 46,810 shares as trustee of a profit sharing plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
81,734 shares gifted
Gift
5 txns
Insider
FRIEDMAN BRIAN P
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 81,734 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,008,247 shares (Direct);
Common Stock — 1,216,578 shares (Indirect, By Reporting Person's Trusts);
Common Stock — 496,780 shares (Indirect, By Family Limited Partnership);
Common Stock — 1,800 shares (Indirect, By Trusts of which Reporting Person is Trustee);
Common Stock — 46,810 shares (Indirect, By Trustee of Profit Sharing Plan)
Footnotes (2)
- F1. Charitable gift of shares to a non-profit organization.
- F2. 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.
Key Figures
Shares gifted: 81,734 shares
Direct holdings after transaction: 2,008,247 shares
Indirect holdings by trusts: 1,216,578 shares
+3 more
6 metrics
Shares gifted
81,734 shares
Bona fide charitable gift on August 7, 2026
Direct holdings after transaction
2,008,247 shares
Direct Jefferies common stock held following reported gift
Indirect holdings by trusts
1,216,578 shares
Jefferies shares held indirectly by reporting person’s trusts
Family limited partnership position
496,780 shares
Held by family limited partnership; beneficial ownership partially disclaimed
Trustee holdings in other trusts
1,800 shares
Indirect holdings as trustee of certain trusts
Profit sharing plan holdings
46,810 shares
Indirect holdings as trustee of profit sharing plan
Key Terms
Bona fide gift, beneficial ownership, pecuniary interest, Family Limited Partnership, +1 more
5 terms
Bona fide gift financial
"Transaction code description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the portion of shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"in excess of his proportionate pecuniary interest in those shares"
Family Limited Partnership financial
"nature_of_ownership: By Family Limited Partnership"
Profit Sharing Plan financial
"nature_of_ownership: By Trustee of Profit Sharing Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Brian P. Friedman report for JEF on August 7, 2026?
He reported a bona fide charitable gift of 81,734 Jefferies common shares to a non-profit organization. The transaction was coded as a gift (Code G) with a per-share price of $0.00, reflecting that no cash consideration was received.
Was Brian P. Friedman's August 7, 2026 JEF gift made under a Rule 10b5-1 trading plan?
No, the Rule 10b5-1 checkbox is not affirmed as a trading plan for this report. The transaction is characterized instead as a bona fide charitable gift of 81,734 shares to a non-profit organization, rather than a sale under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
