Jefferies Financial Group announced that its Chief Executive Officer, Rich Handler, sold 1.5 million shares of Jefferies stock at $43.50.
The sale was made to facilitate the purchase of a personal boat and to pay tax obligations.
For the 34 years since joining Jefferies in 1990, Mr. Handler has received approximately 70% of his compensation in the form of Jefferies shares and, except for tax purposes and charitable donations, has never sold shares.
Following this sale, Mr. Handler owns on a fully diluted basis approximately 19.25 million Jefferies shares. The sale represents approximately 7% of Mr. Handler’s aggregate holdings.
Mr. Handler stated: “My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares. I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full service investment banking firm.”
Source: Jefferies
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
They will receive ETP shares with exposure to spot crypto.
-
CIBC will initially provide liquidity in OTC FX options.
-
Institutions can move between stablecoin liquidity and tokenized fund exposure.
-
Growth is expected to be led by public market securities, particularly U.S. equities and Treasuries.
-
Institutions want custody, collateral mobility across fiat and stablecoins in one regulated structure.