Jefferies (NYSE: JEF) president reports 1-share fractional stock sale
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 1 shares ($52)
Net Sell
6 txns
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)
- 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.
Key Figures
Fractional sale size: 1 share
Sale price 1: $51.88 per share
Sale price 2: $51.91 per share
+5 more
8 metrics
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
Key Terms
open-market sale, fractional shares, Profit Sharing Plan, Family Limited Partnership, +1 more
5 terms
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.
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.
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.
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.