Form 4: JEF officer awarded 96,711 restricted shares at $0
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jefferies Financial Group (JEF) reported a Form 4 showing its EVP and General Counsel acquired 96,711 shares of common stock on October 17, 2025 through a restricted stock grant at $0 per share. The award was made under the company’s equity compensation plan and is exempt under Rule 16b-3(d), and it will cliff vest in five years.
Following the grant, the officer’s beneficial ownership stands at 165,368 shares, held directly. This reflects standard executive equity compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharp Michael J.
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 96,711 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 165,368 shares (Direct)
Footnotes (1)
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FAQ
What did Jefferies (JEF) disclose in this Form 4?
An executive (EVP and General Counsel) acquired 96,711 common shares via a restricted stock grant on October 17, 2025.
What is the vesting schedule for the award?
The restricted stock will cliff vest in five years.
What is the executive’s beneficial ownership after the transaction?
Beneficial ownership is 165,368 shares following the reported transaction.
Was the award made under a company plan and exempt from short-swing rules?
Yes. It was granted under the equity compensation plan and is exempt under Rule 16b-3(d).
Is the ownership direct or indirect?
The filing indicates direct ownership of the reported shares.