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.
- Fortune
Jefferies CEO promises he’s still ‘extremely bullish’ despite selling $65 million in stock to buy himself a luxury yacht from a client
Jefferies CEO often encourages workers to protect their work-life balance—and he’s just taken a leaf out of his own book by splashing out on a “gift to himself” which he can enjoy off duty with his family.
- 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
