Jefferies CEO reports tax-withholding share disposition
Jefferies Financial Group Inc. CEO Richard B. Handler reported a Form 4 showing a large share disposition that was purely for tax purposes.
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Form Type
4
Rhea-AI Filing Summary
Jefferies Financial Group Inc. CEO Richard B. Handler reported a Form 4 showing a large share disposition that was purely for tax purposes. On May 23, 2026, 1,440,307 shares of common stock were withheld at $52.43 per share to cover tax liabilities from the distribution of long-term equity grants, according to the footnote.
After this tax-withholding disposition, Handler directly holds 12,463,763 shares of Jefferies common stock. The filing also lists multiple indirect holdings in various trusts, LLCs, and a profit sharing plan, each with its own post-transaction share balance, indicating additional ownership interests held through related entities.
Insider Trade Summary
Exercise Price or Tax Liability: 1,440,307 shares
Exercise Price or Tax Liability
13 txns
Insider
HANDLER RICHARD B
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,440,307 | $52.43 | $75.52M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,463,763 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 — 17,340 shares (Indirect, By Reporting Person's 2025-B LLC);
Common Stock — 3,637 shares (Indirect, By Reporting Person's 2024-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 (1)
- F1. Shares withheld to pay tax liability resulting from distribution of long-term equity grants.
Key Figures
Tax-withholding shares: 1,440,307 shares
Tax-withholding price: $52.43/share
Direct holdings after transaction: 12,463,763 shares
+4 more
7 metrics
Tax-withholding shares
1,440,307 shares
Shares withheld to pay tax liability from long-term equity grants
Tax-withholding price
$52.43/share
Price applied to withheld shares on May 23, 2026
Direct holdings after transaction
12,463,763 shares
Common stock directly held by Richard Handler following tax withholding
Profit Sharing Plan holdings
131,354 shares
Indirect common stock held by Trustee of Profit Sharing Plan
2025-D Trust holdings
244,140 shares
Indirect common stock held by Reporting Person's 2025-D Trust
2025-B Trust holdings
1,000,000 shares
Indirect common stock held by Reporting Person's 2025-B Trust
Spouse Trust holdings
279,504 shares
Indirect common stock held by spouse of Reporting Person's trust
Key Terms
tax-withholding disposition, long-term equity grants, indirect holdings, Profit Sharing Plan, +1 more
5 terms
tax-withholding disposition financial
"The Form 4 shows an F-code tax-withholding disposition, where 1,440,307 shares were withheld"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
long-term equity grants financial
"Shares withheld to pay tax liability resulting from distribution of long-term equity grants"
indirect holdings financial
"The filing also lists multiple indirect holdings in various trusts, LLCs, and a profit sharing plan"
Profit Sharing Plan financial
"Indirect common stock held by Trustee of Profit Sharing Plan"
Form 4 regulatory
"Richard B. Handler reported a Form 4 showing a tax-related share disposition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Jefferies (JEF) CEO Richard Handler report in this Form 4?
Richard B. Handler reported a tax-related share disposition. 1,440,307 shares of Jefferies common stock were withheld at $52.43 per share to satisfy tax liabilities from long-term equity grant distributions, rather than sold in the open market.
Was the Jefferies (JEF) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows an F-code tax-withholding disposition, where 1,440,307 shares were withheld to pay tax liability arising from long-term equity grants, as noted in the filing footnote.
What does the F transaction code mean in the Jefferies (JEF) Form 4?
The F transaction code denotes shares delivered or withheld to pay an exercise price or tax liability. In this filing, it reflects 1,440,307 shares withheld to cover tax obligations from the distribution of long-term equity grants to Richard Handler.
Does Richard Handler have indirect Jefferies (JEF) holdings through other entities?
Yes. The Form 4 lists indirect holdings in a profit sharing plan and multiple trusts and LLCs, such as a 2025-B Trust with 1,000,000 shares and a 2003 Trust with 231,268 shares, among other entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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