Tashtego S. Elwyn - 12 Dec 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
Issuer symbol
RJF
Transactions as of
12 Dec 2025
Net transactions value
-$2,584,734
Form type
4
Filing time
16 Dec 2025, 11:30:35 UTC
Previous filing
04 Dec 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 16 Dec 2025 0001601145

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Gift $0 -2,703 -6.9% $0.000000 36,228 12 Dec 2025 Direct F1
transaction RJF Common Stock Options Exercise $0 +27,203 +75% $0.000000 63,431 15 Dec 2025 Direct F2
transaction RJF Common Stock Options Exercise $0 +4,194 +6.6% $0.000000 67,625 15 Dec 2025 Direct F2
transaction RJF Common Stock Options Exercise $0 +3,264 +4.8% $0.000000 70,889 15 Dec 2025 Direct F2
transaction RJF Common Stock Tax liability $210,383 -1,284 -1.8% $163.85 69,605 15 Dec 2025 Direct
transaction RJF Common Stock Tax liability $270,516 -1,651 -2.4% $163.85 67,954 15 Dec 2025 Direct
transaction RJF Common Stock Tax liability $349,984 -2,136 -3.1% $163.85 65,818 15 Dec 2025 Direct
transaction RJF Common Stock Tax liability $1,753,850 -10,704 -16% $163.85 55,114 15 Dec 2025 Direct
holding RJF Common Stock 7,492 12 Dec 2025 ESOP F3
holding RJF Common Stock 75 12 Dec 2025 UTMA Custodian for Daughter F4
holding RJF Common Stock 75 12 Dec 2025 UTMA Custodian for Son F4

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 -3,264 -6.4% $0.000000 47,515 15 Dec 2025 Common Stock 3,264 Direct F2, F5
transaction RJF Restricted Stock Units Options Exercise $0 -27,203 -57% $0.000000 20,312 15 Dec 2025 Common Stock 27,203 Direct F2, F5
transaction RJF Restricted Stock Units Award $0 +3,661 $0.000000 3,661 15 Dec 2025 Common Stock 3,661 Direct F2, F6
transaction RJF Restricted Stock Units Options Exercise $0 -4,194 -100% $0.000000 0 15 Dec 2025 Common Stock 4,194 Direct F2
transaction RJF Restricted Stock Units Award $0 +6,103 $0.000000 6,103 15 Dec 2025 Common Stock 6,103 Direct F2, F7
* 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 gifts on the same day in different amounts.
F2 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.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 10, 2025.
F4 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.
F5 RSUs vested 60% on 12/15/2025 and will vest 20% on 12/15/2026 and 20% on 12/15/2027.
F6 RSUs vest 60% on 12/15/2028, 20% on 12/15/2029, and 20% on 12/15/2030.
F7 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

This Form 4 reports (i) the gift of shares by the reporting person, (ii) the vesting of RSUs awarded to the reporting person, (iii) dispositions by the reporting person to the issuer to cover tax liability in connection with such vesting, (iv) a grant of management RSUs to the reporting person, and (v) a grant of RSUs as a portion of the annual bonus to the reporting person.