HANDLER RICHARD B 4

What Happened
Richard B. Handler, CEO and Director of Jefferies Financial Group (JEF), reported gift transfers of 81,076 shares on February 9, 2026. The Form 4 shows these shares were reported as gifts (code G) at $0.00 per share, with a total reported value of $0. According to the filing footnote, the shares were moved from an LLC (which Handler manages and whose members include his trusts) into his direct ownership account.

Key Details

• Transaction date: 2026-02-09 (reported on Form 4 filed 2026-02-11). Filing appears timely (within the Form 4 two-business-day window).
• Transaction type: Gift (code G) — 81,076 shares transferred; price reported $0.00; total $0.
• Shares owned after transaction: Filing states this transfer results in no increase or decrease to Handler's beneficial holdings; exact post‑transfer total not listed on the Form 4.
• Footnote: F1 notes the shares were moved from an LLC (Handler is manager; his trusts are members) to his direct account for tax‑planning purposes; transaction may be exempt under Rule 16a‑13.
• No purchase or sale activity—this is an internal reallocation, not an open‑market trade.

Context
Gifts and intra-family or entity transfers are typically administrative or tax‑planning moves and do not necessarily signal buy/sell sentiment about the company. The footnote and possible Rule 16a‑13 exemption indicate this was an internal restructuring of ownership rather than a market transaction.