STOCK TITAN

Jefferies (NYSE: JEF) president reports 1-share fractional stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jefferies Financial Group Inc. President Brian P. Friedman reported very small open-market sales totaling 1 share of common stock on May 6, 2026 at prices of $51.88 and $51.91 per share. A footnote explains these were sales of fractional shares to facilitate brokerage account closings. After these transactions, he directly holds 2,061,442 shares of Jefferies common stock and also reports additional indirect holdings through a profit sharing plan, various trusts, and a family limited partnership.

Positive

  • None.

Negative

  • None.
Insider FRIEDMAN BRIAN P
Role President
Sold 1 shs ($51.90)
Type Security Shares Price Value
Sale Common Stock 0.74 $51.91 $38.41
Sale Common Stock 0.26 $51.88 $13.49
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,061,442 shares (Direct, null); Common Stock — 1,216,578 shares (Indirect, By Reporting Person's Trusts)
Footnotes (1)
  1. Sale of fractional shares to facilitate brokerage account closings. 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.
Fractional sale size 1 share Total shares sold across two open-market transactions on May 6, 2026
Sale price 1 $51.88 per share Open-market sale of 0.26 share on May 6, 2026
Sale price 2 $51.91 per share Open-market sale of 0.74 share on May 6, 2026
Direct holdings after transactions 2,061,442 shares Common stock directly owned by Friedman following May 6, 2026 trades
Profit sharing plan holdings 45,963 shares Indirect ownership by trustee of profit sharing plan
Trusts where Friedman is trustee 1,800 shares Indirect ownership by trusts of which he is trustee
Family limited partnership holdings 496,780 shares Indirect ownership by family limited partnership, subject to beneficial ownership disclaimer
Reporting person’s trusts holdings 1,216,578 shares Indirect ownership by reporting person’s trusts
open-market sale financial
"transaction_action is described as "open-market sale" for the two S-code entries"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
fractional shares financial
"Footnote states: "Sale of fractional shares to facilitate brokerage account closings.""
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
Profit Sharing Plan financial
"nature_of_ownership: "By Trustee of Profit Sharing Plan""
Family Limited Partnership financial
"nature_of_ownership: "By Family Limited Partnership""
beneficial ownership financial
"Footnote: "The Reporting Person disclaims beneficial ownership of the portion of shares held by the limited partnership...""
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FRIEDMAN BRIAN P

(Last)(First)(Middle)
C/O JEFFERIES
520 MADISON AVE.

(Street)
NEW YORK NEW YORK 10022

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Jefferies Financial Group Inc. [ JEF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026S(1)0.74(1)D$51.912,061,442D
Common Stock05/06/2026S(1)0.26(1)D$51.882,061,442D
Common Stock1,216,578IBy Reporting Person's Trusts
Common Stock496,780IBy Family Limited Partnership(2)
Common Stock1,800IBy Trusts of which Reporting Person is Trustee
Common Stock45,963IBy Trustee of Profit Sharing Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Sale of fractional shares to facilitate brokerage account closings.
2. 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.
Remarks:
/s/ Joanna Jia, by power of attorney05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Jefferies (JEF) President Brian P. Friedman report?

Brian P. Friedman reported open-market sales totaling 1 share of Jefferies common stock on May 6, 2026. The Form 4 describes these as small fractional-share sales connected to brokerage account closures rather than a significant change in his overall ownership.

At what prices did Brian P. Friedman sell Jefferies (JEF) shares?

The filing shows Friedman sold fractional shares of Jefferies common stock at $51.88 and $51.91 per share. These two transactions combined represent 1 share sold, according to the summarized transaction totals included in the Form 4.

How many Jefferies (JEF) shares does Brian P. Friedman hold after this Form 4?

Following the reported transactions, Friedman directly owns 2,061,442 shares of Jefferies common stock. In addition, the Form 4 lists several indirect positions held through a profit sharing plan, multiple trusts, and a family limited partnership associated with him.

What does the footnote about fractional shares mean in the Jefferies (JEF) Form 4?

A footnote explains the sales involved fractional shares executed to facilitate brokerage account closings. This indicates the activity was administrative in nature, dealing with very small share amounts rather than a large discretionary sale of Jefferies stock by Friedman.

What indirect Jefferies (JEF) holdings for Brian P. Friedman are disclosed in the Form 4?

The Form 4 reports indirect ownership in Jefferies common stock through a profit sharing plan, trusts where he is trustee, family limited partnership, and reporting person’s trusts, each with its own share balance and ownership description.

Does Brian P. Friedman disclaim any beneficial ownership in Jefferies (JEF) shares?

Yes. A footnote states he disclaims beneficial ownership of the portion of shares held by the family limited partnership that exceeds his proportionate pecuniary interest, clarifying how much of that partnership’s Jefferies stake is effectively attributable to him.