Paul M. Shoukry - 15 Dec 2025 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Signature
/s/ Paul M. Shoukry by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
15 Dec 2025
Transactions value $
-$1,366,017
Form type
4
Filing time
17 Dec 2025, 07:57:15 UTC
Previous filing
04 Dec 2025

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 17 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 +5.44K +12.57% $0.00 48.7K 15 Dec 2025 Direct F1
transaction RJF Common Stock Options Exercise $0 +5.44K +11.17% $0.00 54.2K 15 Dec 2025 Direct F1
transaction RJF Common Stock Options Exercise $0 +3.26K +6.03% $0.00 57.4K 15 Dec 2025 Direct F1
transaction RJF Common Stock Tax liability -$210K -1.28K -2.24% $163.85 56.1K 15 Dec 2025 Direct
transaction RJF Common Stock Tax liability -$351K -2.14K -3.81% $163.85 54K 15 Dec 2025 Direct
transaction RJF Common Stock Tax liability -$351K -2.14K -3.97% $163.85 51.9K 15 Dec 2025 Direct
transaction RJF Common Stock Tax liability -$454K -2.77K -5.34% $163.85 49.1K 15 Dec 2025 Direct
transaction RJF Common Stock Gift $0 -8.7K -17.73% $0.00 40.4K 15 Dec 2025 Direct
holding RJF Common Stock 1.38K 15 Dec 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 -3.26K -22.5% $0.00 11.2K 15 Dec 2025 Common Stock 3.26K Direct F1, F3
transaction RJF Restricted Stock Units Options Exercise $0 -5.44K -48.39% $0.00 5.8K 15 Dec 2025 Common Stock 5.44K Direct F1, F3
transaction RJF Restricted Stock Units Options Exercise $0 -5.44K -100% $0.00 0 15 Dec 2025 Common Stock 5.44K Direct F1
transaction RJF Restricted Stock Units Award $0 +19.5K $0.00 19.5K 15 Dec 2025 Common Stock 19.5K 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 December 10, 2025.
F3 RSUs vested 60% on 12/15/2025 and will vest 20% on 12/15/2026 and 20% on 12/15/2027.
F4 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

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