Mark W. Begor - 21 May 2025 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role: Director
Signature: /s/ Mark W. Begor by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol: RJF
Transactions as of: 21 May 2025
Net transactions value: $0
Form type: 4
Filing time: 23 May 2025, 16:01:12 UTC
Previous filing: 30 Apr 2025
Next filing: 30 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Begor Mark W	Director	880 CARILLON PARKWAY, ST. PETERSBURG	/s/ Mark W. Begor by Jonathan J. Doyle as Attorney-in-Fact	23 May 2025	0001335111

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RJF	Common Stock	Award	$0	+982		$0.000000	982	21 May 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of a grant of Deferred Restricted Stock Units ("DRSUs") as part of compensation for service on the registrant's Board of Directors. Upon vesting, the DRSUs convert to the right to receive shares of common stock on a one-to-one basis, together with accrued cash in lieu of dividends. The DRSUs vest at the date of the next succeeding annual shareholders meeting following the grant date, but no later than March 15 of the calendar year following grant. Pursuant to an irrevocable election by the reporting person, settlement of the DRSUs will be deferred following vesting until the date the reporting person terminates his or her service on the Board of Directors.
F2	Includes DRSUs.

Content

Consists of a grant of Deferred Restricted Stock Units ("DRSUs") as part of compensation for service on the registrant's Board of Directors. Upon vesting, the DRSUs convert to the right to receive shares of common stock on a one-to-one basis, together with accrued cash in lieu of dividends. The DRSUs vest at the date of the next succeeding annual shareholders meeting following the grant date, but no later than March 15 of the calendar year following grant. Pursuant to an irrevocable election by the reporting person, settlement of the DRSUs will be deferred following vesting until the date the reporting person terminates his or her service on the Board of Directors.

Includes DRSUs.

Remarks:

This Form 4 reports the grant of DRSUs under the issuer's Amended and Restated 2012 Stock Incentive Plan. The award represents a prorated portion of the annual grant to the registrant's directors for part-year service on the Board of Directors.