O Kane Michael T 4
Research Summary
AI-generated summary
Jefferies (JEF) Director Michael T. O'Kane Receives 633 Shares
What Happened Michael T. O'Kane, a director of Jefferies Financial Group Inc. (JEF), acquired 633 shares on February 27, 2026. The shares were recorded at $44.40 each, for a total value of $28,105. The transaction is coded as an acquisition/award (A) and represents a deferred share acquisition via dividend reinvestment.
Key Details
- Transaction date: 2026-02-27; Price per share: $44.40; Total value: $28,105.20.
- Transaction type/code: A — grant, award, or other acquisition (deferred shares).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing date / Period of report: Filed and reporting period 2026-02-27 (appears timely).
- Footnote: Acquisition was a deferred share dividend reinvestment exempt under Rule 16b-3(d)(1) & (2) of the Securities Exchange Act (see footnote F1).
Context This was an acquisition through dividend reinvestment, not an option exercise or open-market purchase; such dividend reinvestments are routine and exempt from short-swing profit liability under Rule 16b-3. Purchases/awards like this increase an insider’s stake but do not by themselves indicate a change in sentiment.