Paul M. Shoukry - 30 Nov 2025 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
CEO, Director
Signature
/s/ Paul M. Shoukry by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
30 Nov 2025
Net transactions value
-$235,123
Form type
4
Filing time
02 Dec 2025, 17:02:07 UTC
Previous filing
24 Feb 2025
Next filing
04 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shoukry Paul M CEO, Director 880 CARILLON PARKWAY, ST. PETERSBURG /s/ Paul M. Shoukry by Jonathan J. Doyle as Attorney-in-Fact 02 Dec 2025 0001798349

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +2,318 +6.8% $0.000000 36,234 30 Nov 2025 Direct F1
transaction RJF Common Stock Options Exercise $0 +1,500 +4.1% $0.000000 37,734 30 Nov 2025 Direct F1
transaction RJF Common Stock Tax liability $92,359 -590 -1.6% $156.54 37,144 30 Nov 2025 Direct
transaction RJF Common Stock Tax liability $142,764 -912 -2.5% $156.54 36,232 30 Nov 2025 Direct
holding RJF Common Stock 1,378 30 Nov 2025 ESOP F2

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 -1,500 -100% $0.000000 0 30 Nov 2025 Common Stock 1,500 Direct F1, F3
transaction RJF Restricted Stock Units Options Exercise $0 -2,318 -50% $0.000000 2,318 30 Nov 2025 Common Stock 2,318 Direct F1, F4
* 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 RSUs vested 60% on 11/30/2023, 20% on 11/30/2024, and 20% on 11/30/2025.
F4 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. shoukrypoa.txt