Form 4: Jefferies CEO Handler Boosts Stake with 90,024 Share Acquisition

Jefferies Financial Group Inc. CEO Richard B. Handler acquired 90,024 shares of common stock through a dividend reinvestment plan on November 26, 2025.

Summary

• Richard B. Handler, CEO, Director, and 10% Owner of Jefferies Financial Group Inc. (JEF), acquired 90,024 shares of common stock.
• The transaction occurred on November 26, 2025, at a price of $57.23 per share.
• This acquisition was a dividend reinvestment, exempt under Rule 16-b(3)(d)(1) & (2) of the Securities Exchange Act of 1934.
• Following this transaction, Handler directly beneficially owns 13,607,600 shares of Common Stock.
• Handler also holds significant indirect beneficial ownership through various trusts and LLCs, including 285,753 shares via Reporting Person's 2012 Trust, 279,504 shares via Spouse of Reporting Person's Trust, 231,268 shares via Reporting Person's 2003 Trust, 331,685 shares via Reporting Person's 2022 LLC, 85,584 shares via Reporting Person's 2022-A LLC, 120,754 shares via Reporting Person's 2023-A LLC, 72,503 shares via Reporting Person's 2023-B LLC, 1,000,000 shares via Reporting Person's 2025-B Trust, 500,000 shares via Reporting Person's 2025-D Trust, and 129,930 shares via Trustee of Profit Sharing Plan.

Sentiment

Score: 7

Explanation: The acquisition of shares by the CEO, especially through dividend reinvestment, generally indicates management confidence and a positive long-term outlook for the company. It's a routine transaction but still a positive signal.

Positives

• CEO Richard B. Handler increased his direct beneficial ownership by 90,024 shares, demonstrating continued confidence in the company's future.
• The acquisition was part of a dividend reinvestment plan, indicating a commitment to long-term investment and potentially a stable dividend policy.

Related Party Transactions

• Richard B. Handler holds indirect beneficial ownership through various entities including Reporting Person's 2012 Trust, Spouse of Reporting Person's Trust, Reporting Person's 2003 Trust, Reporting Person's 2022 LLC, Reporting Person's 2022-A LLC, Reporting Person's 2023-A LLC, Reporting Person's 2023-B LLC, Reporting Person's 2025-B Trust, Reporting Person's 2025-D Trust, and Trustee of Profit Sharing Plan.

Stakeholder Impact

• Shareholders may view the CEO's increased stake as a positive signal of management confidence and alignment of interests.

Key Dates

Recommendation

The acquisition of additional shares by CEO Richard B. Handler, particularly through a dividend reinvestment plan, signals management's continued confidence in Jefferies Financial Group Inc.'s future prospects and valuation. While a positive indicator, this single transaction alone does not provide sufficient information for a strong buy or sell recommendation without a broader analysis of the company's financial performance, market conditions, and strategic initiatives. Therefore, a 'hold' recommendation is appropriate, suggesting investors maintain their current positions while monitoring further developments.

Keywords

Jefferies Financial Group, JEF, Richard B. Handler, Insider Trading, Form 4, Stock Acquisition, Dividend Reinvestment, CEO Stock Purchase, Beneficial Ownership