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Jefferies Financial Group Inc. (JEF)
After hours:
- Barrons.com
Jefferies CEO Just Sold $65 Million of Company Stock. He’s Buying a Yacht.
CEO Rich Handler said the boat will be a “gift to myself and my family” and that he doesn’t plan to sell any more shares.
- Business Wire
Jefferies CEO Rich Handler Sells 1.5 Million Shares of Stock
NEW YORK, April 24, 2024--Jefferies Financial Group Inc. (NYSE: JEF) announced that its Chief Executive Officer, Rich Handler, sold 1.5 million shares of Jefferies stock today 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
- Bloomberg
Bankers Hit With Millions in Breakup Fees for Ditching New Jobs
(Bloomberg) -- Bankers are applying the idea of a “breakup fee,” a longtime fixture in corporate takeovers, to a very different kind of acquisition target: each other.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Red Lobster Considers Bankruptcy to Deal With Leases and Labor Cos
