4/A: Jefferies Financial Group Director Joseph S. Steinberg Amends SEC Filing to Correct Transaction Code

Joseph S. Steinberg, a director at Jefferies Financial Group, amended a previous SEC filing to correct a transaction code related to a purchase of 100 shares of common stock.

Summary

• Joseph S. Steinberg, a director at Jefferies Financial Group, filed an amended Form 4 with the SEC.
• The amendment corrects a scrivener's error in the original filing, changing the transaction code from 'A' to 'P' for a purchase of 100 shares of common stock on November 14, 2024.
• The purchase was made at a price of $74.5 per share.
• Following the transaction, Steinberg directly owns 2,339,079 shares of common stock.
• Steinberg also indirectly owns a significant number of shares through various entities, including corporations, a spouse, trusts for children, a family trust, and a discretionary trust.
• The reporting person disclaims beneficial ownership of the portion of shares held indirectly in excess of his proportionate pecuniary interest in those shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing, indicating no significant positive or negative sentiment. The correction shows attention to detail and compliance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in the financial industry.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders across all publicly traded companies.
• The level of detail provided in this filing is consistent with what is expected for such disclosures.
• The correction of a transaction code is not unusual and demonstrates adherence to regulatory requirements.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The correction of the error demonstrates the company's commitment to accurate reporting.

Key Dates

Keywords

SEC Form 4, Jefferies Financial Group, Joseph S. Steinberg, Beneficial Ownership, Stock Transaction, Director, Amendment