O Kane Michael T 4

What Happened
Michael T. O'Kane, a director of Jefferies Financial Group Inc. (JEF), was granted 5,461 shares on March 26, 2026. The grant was recorded at $40.28 per share, with a total value of $219,969. This was an equity award under Jefferies' compensation plan (not an open-market purchase).

Key Details

• Transaction date: 2026-03-26 (reported on Form 4 filed 2026-03-27).
• Transaction type: Award/Grant (code A).
• Price per share: $40.28; total value: $219,969.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: Acquisition made under Jefferies' Equity Compensation Plan and reported as exempt under Rule 16b-3(d)(1) & (2).
• Filing timeliness: Filed one day after the transaction — within the standard Form 4 reporting window.

Context
Equity awards are compensation and differ from open-market purchases; they don’t necessarily signal the insider buying stock with personal cash. The Rule 16b-3 exemption noted in the footnote means the grant follows the company’s pre-approved equity plan procedures and is exempt from short-swing profit recovery under Section 16.