Tashtego S. Elwyn - 13 Dec 2024 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
President, PCG
Signature
/s/ Tashtego S. Elwyn by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
13 Dec 2024
Net transactions value
-$1,782,905
Form type
4
Filing time
16 Dec 2024, 17:57:29 UTC
Previous filing
11 Dec 2024
Next filing
03 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Sale $1,594,650 -10,000 -23% $159.46 32,688 13 Dec 2024 Direct F1, F2
transaction RJF Common Stock Options Exercise $0 +2,982 +9.1% $0.000000 35,670 15 Dec 2024 Direct F3
transaction RJF Common Stock Tax liability $188,255 -1,173 -3.3% $160.49 34,497 15 Dec 2024 Direct
holding RJF Common Stock 7,354 13 Dec 2024 ESOP F4
holding RJF Common Stock 75 13 Dec 2024 UTMA Custodian for Daughter F5
holding RJF Common Stock 75 13 Dec 2024 UTMA Custodian for Son F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RJF Restricted Stock Units Award $0 +3,741 $0.000000 3,741 13 Dec 2024 Common Stock 3,741 Direct F3, F6
transaction RJF Restricted Stock Units Award $0 +4,053 $0.000000 4,053 13 Dec 2024 Common Stock 4,053 Direct F3, F7
transaction RJF Restricted Stock Units Options Exercise $0 -2,982 -100% $0.000000 0 15 Dec 2024 Common Stock 2,982 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Reflects the weighted average sale price. The range of prices for such transaction was $159.30 to $159.54.
F3 Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of common stock, and (ii) accrued cash in lieu of dividends.
F4 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 10, 2024.
F5 The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 RSUs vest 60% on 12/15/2027, 20% on 12/15/2028, and 20% on 12/15/2029.
F7 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

This Form 4 reports (i) a grant of management RSUs to the reporting person, (ii) a grant of RSUs as a portion of the annual bonus to the reporting person, (iii) the vesting of RSUs awarded to the reporting person on December 15, 2021, (iv) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, and (v) the open market sale by the reporting person of shares of common stock.