Sharp Michael J. 4

What Happened
Michael J. Sharp, EVP and General Counsel of Jefferies Financial Group (JEF), was awarded/acquired 877 shares on February 27, 2026 at $44.40 per share, a transaction valued at $38,939. The filing reports this as an acquisition/award (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-27
• Price per share: $44.40; Total value: $38,939
• Transaction type/code: Acquisition/Award (A) — characterized as acquisition of deferred shares
• Shares owned after transaction: Not specified in the filing
• Footnote: Acquisition of deferred shares as a dividend reinvestment, exempt under Rule 16b-3(d)(1) & (2) of the Securities Exchange Act of 1934 (F1)
• Filing timeliness: Reported on 2026-02-27 (same day as the transaction), no late filing noted

Context
This was a dividend reinvestment (company shares issued/reinvested as dividends) rather than an outright cash purchase; such transactions are routine and reflect dividend policy and plan participation more than a direct market sentiment change by the insider. Dividend-reinvestment awards are exempt under Rule 16b-3 and are common for executives who elect to reinvest cash dividends into additional company shares.