FRIEDMAN BRIAN P 4
4 · Jefferies Financial Group Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Jefferies (JEF) President Brian P. Friedman Sells Fractional Shares
What Happened
- Brian P. Friedman, President and Director of Jefferies Financial Group (JEF), reported two open-market sales on May 6, 2026: 0.74 shares at $51.91 ($38) and 0.26 shares at $51.88 ($13), totaling 1.00 share and roughly $51. These were disposals (sales), not purchases.
Key Details
- Transaction dates/prices: May 6, 2026 — 0.74 sh @ $51.91 and 0.26 sh @ $51.88.
- Total proceeds: approximately $51.
- Filing: Form 4 filed May 8, 2026 (filed two days after the transactions).
- Footnotes: F1 notes these were sales of fractional shares to facilitate brokerage account closings; F2 notes the reporting person disclaims beneficial ownership of partnership-held shares beyond his proportionate pecuniary interest.
- Shares owned after transaction: not specified in the provided summary.
Context
- These were very small, fractional-share sales done to facilitate account closures and are routine administrative transactions rather than material insider trades. Such disposals typically do not indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
FRIEDMAN BRIAN P
DirectorPresident
Transactions
- Sale
Common Stock
[F1]2026-05-06$51.91/sh−0.74$38→ 2,061,442 total - Sale
Common Stock
[F1]2026-05-06$51.88/sh−0.26$13→ 2,061,442 total
Holdings
- 1,216,578(indirect: By Trust)
Common Stock
- 496,780(indirect: By Partnership)
Common Stock
[F2] - 1,800(indirect: By Trust)
Common Stock
- 45,963(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Sale of fractional shares to facilitate brokerage account closings.
- [F2]The Reporting Person disclaims beneficial ownership of the portion of shares held by the limited partnership in excess of his proportionate pecuniary interest in those shares.
Signature
/s/ Joanna Jia, by power of attorney|2026-05-08