杰富瑞金融集团股份有限公司美股招股说明书(2026-01-27版)

Prospectus Supplement dated May 12, 2023and Prospectus dated May 12, 2023) $1,863,000Jefferies Jefferies Financial Group Inc.Senior Leveraged Barrier Notes due January 28, 2031 The Senior Leveraged Barrier Notes due January 28, 2031 Linked to the Worst-Performing of the iShares®MSCI Emerging Markets ETF and the Russell 2000®Index (the “Notes”) aresenior unsecured obligations of Jefferies Financial Group Inc. The Notes will pay no interest and have the terms described in the accompanying product supplement, prospectussupplement and prospectus, as supplemented or modified by this pricing supplement. At maturity, if the Worst-Performing Underlying hasappreciatedin value, investors will receive theStated Principal Amount of their investment plus 148.00% of the upside performance of the Worst-Performing Underlying. If the Worst-Performing Underlying hasdepreciatedin value, butthe Worst-Performing Underlying has not declined below its Threshold Value, investors will receive the Stated Principal Amount. However, if the Worst-Performing Underlying has declined below its Threshold Value, investors will lose 1% of the Stated Principal Amount for every 1% decline in the Final Value of the Worst-Performing Underlying from its Initial Value. Investors obligations and you will not have any security interest in, or otherwise have any access to, any Underlying or the securities represented by any Underlying.SUMMARY OF TERMS Jefferies Financial Group Inc.Senior Leveraged Barrier Notes due January 28, 2031 Linked to the Worst-Performing of the iShares®MSCI Emerging Markets ETF and theRussell 2000®Index$1,863,000. We may increase the Aggregate Principal Amount prior to the Original Issue Date but are not required to do so.$1,000 per Note$1,000 per NoteJanuary 23, 2026January 28, 2026 (3 Business Days after the Pricing Date)January 23, 2031, subject to postponement as described in the accompanying product supplement. For purposes of the accompanyingproduct supplement, the occurrence of a Market Disruption Event, non-Index Business Day or non-Trading Day as to any Underlying will notimpact any other Underlying that is not so affected. Issuer: Title of the Notes: Aggregate Principal Amount:Issue Price:Stated Principal Amount:Pricing Date: Maturity Date:Underlying: January 28, 2031, which may be postponed if the Valuation Date is postponed as described in the accompanying product supplement.The worst-performing of the iShares®MSCI Emerging Markets ETF (the “EEM”) and the Russell 2000®Index (the “RTY”). Please see “TheUnderlyings” below.The Underlying with the lowest Underlying Return. Worst-Performing Underlying:Payment at Maturity: If the Final Value of the Worst-Performing Underlying is greater than its Initial Value, you will receive for each Note that you hold a Threshold Value, you will receive for each Note that you hold a Payment at Maturity that is equal to the Stated Principal AmountIf the Final Value of the Worst-Performing Underlying is less than its Threshold Value, you will receive for each Note that you hold aPayment at Maturity that is less than the Stated Principal Amount of each Note that will equal:Stated Principal Amount × (1+ Underlying Return of the Worst-Performing Underlying).In this scenario the Payment at Maturity will be less than the Stated Principal Amount and you could lose a significant portion or all of yourinvestment. Participation Rate:Underlying Return: With respect to each Underlying, Initial Value:Final Value: $59.07 with respect to the EEM; and 2,669.162with respect to the RTY.With respect to theEEM, its ETF Closing Pricetimesthe Adjustment Factor on the Valuation Date.With respect to theRTY, its Index Closing Value on the Valuation Date.$35.44 with respect to the EEM (60% of its Initial Value, rounded to two decimal places); and 1,601.497 with respect to the RTY (60% of itsInitial Value, rounded to three decimal places).Initially 1.0 with respect to EEM, subject to adjustment for certain events affecting the Underlying. See “—Antidilution Adjustments for Noteswith an Underlying or Basket Component that is an ETF” in the accompanying product supplement.Not applicableU.S. dollars47233YTM7 / US47233YTM74Book-entryNew YorkJefferies LLC, a wholly-owned subsidiary of Jefferies Financial Group Inc. See “Supplemental Plan of Distribution.”Jefferies Financial Services, Inc., a wholly owned subsidiary of Jefferies Financial Group Inc.The Bank of New York Mellon$937.20 per Note. Please see “The Notes” below.General corporate purposesNoneJefferies LLC, the broker-dealer subsidiary of Jefferies Financial Group Inc., is a member of FINRA and will participate in the distribution of Threshold Value: Adjustment Factor: Redemption:Specified Currency:CUSIP/ISIN:Book-entry or Certificated Note:Business Day: the notes being offered hereby. Accordingly, the offering is subject to the provisions of FINRA Rule 5121 relating to conflicts of interest andwill be conducted in accordance with the re