Katherine H. Larson - 30 Nov 2024 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
Chief Accounting Officer
Signature
/s/ Katherine H. Larson by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
30 Nov 2024
Net transactions value
-$310,325
Form type
4
Filing time
03 Dec 2024, 17:10:21 UTC
Previous filing
26 Nov 2024
Next filing
10 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +996 +99% $0.000000 1,999 30 Nov 2024 Direct F1
transaction RJF Common Stock Options Exercise $0 +525 +26% $0.000000 2,524 30 Nov 2024 Direct F1
transaction RJF Common Stock Tax liability $21,668 -128 -5.1% $169.28 2,396 30 Nov 2024 Direct
transaction RJF Common Stock Tax liability $40,966 -242 -10% $169.28 2,154 30 Nov 2024 Direct
transaction RJF Common Stock Gift $0 -60 -2.8% $0.000000 2,094 03 Dec 2024 Direct F2
transaction RJF Common Stock Sale $247,691 -1,492 -71% $166.01 602 03 Dec 2024 Direct F3, F4
holding RJF Common Stock 161 30 Nov 2024 By spouse through ESOP F5
holding RJF Common Stock 445 30 Nov 2024 ESOP F6

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 -525 -50% $0.000000 525 30 Nov 2024 Common Stock 525 Direct F1, F7
transaction RJF Restricted Stock Units Options Exercise $0 -996 -60% $0.000000 664 30 Nov 2024 Common Stock 996 Direct F1, F8
* 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 The reporting person effected multiple gifts on the same day in different amounts.
F3 The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Reflects the weighted average sale price. The range of prices for such transaction was $165.78 to $166.29.
F5 Includes shares of common stock acquired under the reporting person's spouse's Employee Stock Ownership Plan (ESOP) account through November 20, 2024.
F6 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 20, 2024.
F7 RSUs vested 60% on 11/30/2023, 20% on 11/30/2024, and will vest 20% on 11/30/2025.
F8 RSUs vested 60% on 11/30/2024 and will vest 20% on 11/30/2025 and 20% on 11/30/2026.

Remarks:

This Form 4 reports (i) the partial vestings of RSUs awarded to the reporting person, (ii) dispositions by the reporting person to the issuer to cover the tax liability in connection with such vestings, (iii) the open market sale by the reporting person of shares of common stock, and (iv) gifts of shares by the reporting person.