Tashtego S. Elwyn - Nov 30, 2025 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
Stock symbol
RJF
Transactions as of
Nov 30, 2025
Transactions value $
-$151,844
Form type
4
Date filed
12/2/2025, 04:55 PM
Previous filing
May 20, 2025
Next filing
Dec 4, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Elwyn Tashtego S President, PCG 880 CARILLON PARKWAY, ST. PETERSBURG /s/ Tashtego S. Elwyn by Jonathan J. Doyle as Attorney-in-Fact 2025-12-02 0001601145

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +1.5K +4.73% $0.00 33.2K Nov 30, 2025 Direct F1
transaction RJF Common Stock Options Exercise $0 +1.26K +3.81% $0.00 34.5K Nov 30, 2025 Direct F1
transaction RJF Common Stock Tax liability -$69.3K -443 -1.29% $156.54 34K Nov 30, 2025 Direct
transaction RJF Common Stock Tax liability -$82.5K -527 -1.55% $156.54 33.5K Nov 30, 2025 Direct
holding RJF Common Stock 7.49K Nov 30, 2025 ESOP F2
holding RJF Common Stock 75 Nov 30, 2025 UTMA Custodian for Daughter F3
holding RJF Common Stock 75 Nov 30, 2025 UTMA Custodian for Son F3

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 Options Exercise $0 -1.5K -100% $0.00 0 Nov 30, 2025 Common Stock 1.5K Direct F1, F4
transaction RJF Restricted Stock Units Options Exercise $0 -1.26K -50% $0.00 1.26K Nov 30, 2025 Common Stock 1.26K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 24, 2025.
F3 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.
F4 RSUs vested 60% on 11/30/2023, 20% on 11/30/2024, and 20% on 11/30/2025.
F5 RSUs vested 60% on 11/30/2024, 20% on 11/30/2025, and will vest 20% on 11/30/2026.

Remarks:

This Form 4 reports (i) the partial vesting of RSUs awarded to the reporting person and (ii) dispositions by the reporting person to the issuer to cover the tax liability in connection with such vesting. elwynpoa.txt