STOCK TITAN

Raymond James Financial (NYSE: RJF) chair sells 5,770 shares at $172.97

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Form Type
4

Rhea-AI Filing Summary

On July 27, 2026, Raymond James Financial executive chair of RJBank Steven M. Raney sold 5,770 shares of common stock in open‑market transactions at a weighted average price of $172.9693, with prices ranging from $172.83 to $173.13. After these transactions he directly holds 43,046 shares, which include shares acquired under the Employee Stock Purchase Plan, and indirectly holds 3,224 shares through an Employee Stock Ownership Plan. The sales were not reported as made under a Rule 10b5‑1 trading plan.

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Insider Raney Steven M
Role Executive Chair RJBank
Sold 5,770 shs ($998K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3 5,770 $172.9693 $998K
holding Common Stock F4 -- -- --
Holdings After Transaction: Common Stock — 43,046 shares (Direct); Common Stock — 3,224 shares (Indirect, ESOP)
Footnotes (4)
  1. F1. 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.
  2. F2. Reflects the weighted average sale price. The range of prices for such transaction was $172.83 to $173.13.
  3. F3. Includes 40 shares of common stock acquired on March 3, 2026 and 43 shares of common stock acquired on June 2, 2026 pursuant to the registrant's Employee Stock Purchase Plan.
  4. F4. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through July 27, 2026.
Shares sold 5,770 shares Common stock sold by Steven M. Raney on July 27, 2026
Weighted average sale price $172.9693 per share Open-market sale of Raymond James Financial common stock
Price range $172.83 to $173.13 Range of prices for aggregated same-day sales
Direct holdings after sale 43,046 shares Common stock directly held by Steven M. Raney after the transactions
Indirect ESOP holdings 3,224 shares Common stock held through Employee Stock Ownership Plan as of July 27, 2026
ESPP acquisitions 40 and 43 shares Shares acquired on March 3, 2026 and June 2, 2026 under the Employee Stock Purchase Plan
weighted average sale price financial
"Reflects the weighted average sale price for the reported transaction."
Employee Stock Purchase Plan financial
"shares of common stock acquired ... pursuant to the registrant's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Employee Stock Ownership Plan (ESOP) financial
"shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account."
An employee stock ownership plan (ESOP) is a company-run retirement and ownership program that gives workers shares or the right to buy shares, so employees collectively hold part of the business. It matters to investors because ESOPs change who owns the company and can affect share supply, corporate incentives and long-term performance—think of it like turning employees into partial owners, which can align interests but also dilute existing shareholders or alter cash flows for payouts.
open market sale transactions financial
"multiple same-way open market sale transactions on the same day at different prices"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider stock transaction did Steven M. Raney report for RJF?

Steven M. Raney reported an open‑market sale of 5,770 shares of Raymond James Financial common stock. The transactions occurred on July 27, 2026 and were executed as multiple same‑day trades that were aggregated into one reported line.

At what price did Raney sell his Raymond James (RJF) shares?

Raney’s sale was reported at a weighted average price of $172.9693 per share. The Form 4 notes that individual trades were executed within a price range of $172.83 to $173.13 and aggregated because they fell within a one‑dollar band.

How many RJF shares does Steven M. Raney own after this reported sale?

After the reported transactions, Raney directly holds 43,046 shares of Raymond James Financial common stock. He also indirectly holds 3,224 shares through an Employee Stock Ownership Plan (ESOP), reflecting shares accumulated in that account through July 27, 2026.

Were Steven M. Raney’s RJF stock sales made under a Rule 10b5-1 plan?

The report indicates the sales were not made under a Rule 10b5‑1 trading plan. The Rule 10b5‑1 checkbox is not affirmed for these transactions, so the timing reflects discretionary open‑market sales rather than pre‑scheduled plan trades.

What ESOP and ESPP holdings in RJF stock does Raney disclose?

Raney’s direct holdings of 43,046 shares include stock acquired through an Employee Stock Purchase Plan, with specific purchases of 40 shares on March 3, 2026 and 43 shares on June 2, 2026. He also reports 3,224 shares held indirectly in an ESOP account.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Raney Steven M

(Last)(First)(Middle)
880 CARILLON PARKWAY

(Street)
ST. PETERSBURG FLORIDA 33716

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RAYMOND JAMES FINANCIAL INC [ RJF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Chair RJBank
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/27/2026S(1)5,770D$172.9693(2)43,046(3)D
Common Stock3,224(4)IESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Reflects the weighted average sale price. The range of prices for such transaction was $172.83 to $173.13.
3. Includes 40 shares of common stock acquired on March 3, 2026 and 43 shares of common stock acquired on June 2, 2026 pursuant to the registrant's Employee Stock Purchase Plan.
4. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through July 27, 2026.
Remarks:
This Form 4 reports the open market sale by the reporting person of shares of common stock.
/s/ Steven M. Raney by Jonathan J. Doyle as Attorney-in-Fact07/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)