Jefferies (JEF) director Robert D. Beyer acquires 501 deferred shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jefferies Financial Group Inc. director Robert D. Beyer reported acquiring 501 shares of common stock through a grant tied to dividend reinvestment. The shares were valued at $52.72 per share and are described as deferred shares from a dividend reinvestment exempt under Rule 16b-3(d)(1) & (2). After this award, Beyer directly holds 112,756 shares of Jefferies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BEYER ROBERT D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 501 | $52.72 | $26K |
Holdings After Transaction:
Common Stock — 112,756 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 501 shares
Transaction price per share: $52.72 per share
Post-transaction holdings: 112,756 shares
3 metrics
Shares acquired
501 shares
Deferred common stock via dividend reinvestment grant
Transaction price per share
$52.72 per share
Valuation used for the 501-share grant
Post-transaction holdings
112,756 shares
Total Jefferies common stock directly held by Beyer after grant
Key Terms
deferred shares, dividend reinvestment, Rule 16b-3(d)(1) & (2), grant, award, or other acquisition
4 terms
dividend reinvestment financial
"Acquisition of deferred shares as a dividend reinvestment in a transaction exempt under Rule 16b-3(d)(1) & (2)"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Rule 16b-3(d)(1) & (2) regulatory
"transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Jefferies (JEF) director Robert D. Beyer report?
Director Robert D. Beyer reported acquiring 501 Jefferies common shares as a grant. The filing describes them as deferred shares received through dividend reinvestment, with the transaction exempt under Rule 16b-3(d)(1) & (2) of the Securities Exchange Act.
Was Robert D. Beyer’s Jefferies (JEF) transaction an open-market buy or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. The Form 4 codes it as an “A” transaction for common stock, tied to dividend reinvestment and exempt under Rule 16b-3, rather than a discretionary market trade.
What does the Rule 16b-3 exemption mean for the Jefferies (JEF) Form 4 transaction?
The filing notes the acquisition is exempt under Rule 16b-3(d)(1) & (2). This indicates the deferred shares came through a board- or plan-approved mechanism, such as dividend reinvestment, rather than a standard market trade subject to short-swing profit rules.