Equity grant lifts Jefferies (NYSE: JEF) director Linda Adamany’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adamany Linda reported acquisition or exercise transactions in this Form 4 filing.
Jefferies Financial Group director Linda Adamany received a grant of 5,461 shares of common stock under the company’s Equity Compensation Plan. The shares were valued at $40.28 per share for reporting purposes. After this award, she directly holds 84,759 shares of Jefferies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adamany Linda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,461 | $40.28 | $220K |
Holdings After Transaction:
Common Stock — 84,759 shares (Direct)
Footnotes (1)
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FAQ
What did Jefferies (JEF) director Linda Adamany report on this Form 4?
Linda Adamany reported receiving 5,461 shares of Jefferies common stock as a grant. The award was issued under Jefferies Financial Group Inc.’s Equity Compensation Plan and represents compensation rather than an open-market share purchase or sale.
At what price was Linda Adamany’s Jefferies (JEF) stock grant reported?
The 5,461-share stock grant to Linda Adamany was reported at $40.28 per share. This figure is used for Form 4 reporting purposes and reflects the value assigned to the equity compensation award on the grant date.
Was Linda Adamany’s Jefferies (JEF) stock grant an open-market transaction?
No, the transaction was not an open-market trade. The footnote explains it was an acquisition under Jefferies Financial Group Inc.’s Equity Compensation Plan, exempt under Rule 16b-3(d)(1) and (2), indicating a board-approved compensation award rather than a market purchase.
What regulatory exemption applies to this Jefferies (JEF) director stock grant?
The grant is described as exempt under Rule 16b-3(d)(1) and (2) of the Securities Exchange Act of 1934. This rule generally provides an exemption from certain short-swing profit rules for director and officer transactions made under approved compensation plans.