Raymond James CAO sells 7,500 shares at $177.60

Q: At what price were the RJF shares sold in this Form 4 filing?

The 7,500 RJF shares were sold at a weighted average sale price of $177.60 per share. The filing states the individual transaction prices were in a range from $177.58 to $177.59 per share.

Q: How many RJF shares does Bella Loykhter Allaire own after this sale?

After the sale, Bella Loykhter Allaire directly owns 46,086 RJF common shares and indirectly owns 1,300 shares through her Employee Stock Ownership Plan (ESOP) account as of August 28, 2026.

Q: Was the RJF insider sale done under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes describe open market sale transactions executed through a broker-dealer without referencing a trading plan.

RAYMOND JAMES FINANCIAL INC (RJF) reported that Chief Admin Officer Bella Loykhter Allaire sold 7,500 shares of common stock in an open market transaction on August 28, 2026.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

RAYMOND JAMES FINANCIAL INC (RJF) reported that Chief Admin Officer Bella Loykhter Allaire sold 7,500 shares of common stock in an open market transaction on August 28, 2026. The shares were sold at a weighted average price of $177.60, with individual sale prices ranging from $177.58 to $177.59. After the sale, she directly holds 46,086 shares and indirectly holds 1,300 shares through an Employee Stock Ownership Plan account.

Insights

Analyzing...

Insider Trade Summary

Net Seller: 7,500 shares

Net Sell 2 txns

Insider Allaire Bella Loykhter

Role Chief Admin Officer

Sold 7,500 shs ($1.33M)

Type	Security	Shares	Price	Value
Sale	Common Stock ^{F1, F2}	7,500	$177.5975	$1.33M
holding	Common Stock ^F3	--	--	--

Holdings After Transaction: Common Stock — 46,086 shares (Direct); Common Stock — 1,300 shares (Indirect, ESOP)

Footnotes (3)

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.
F2. Reflects the weighted average sale price. The range of prices for such transaction was $177.58 to $177.59.
F3. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through August 28, 2026.

Key Figures

Shares sold: 7,500 shares of Common Stock Weighted average sale price: $177.60 per share Direct holdings after transaction: 46,086 shares of Common Stock +1 more

4 metrics

Shares sold 7,500 shares of Common Stock Open market sale on August 28, 2026

Weighted average sale price $177.60 per share Open market sale on August 28, 2026; price range $177.58–$177.59

Direct holdings after transaction 46,086 shares of Common Stock Shares directly owned by the reporting person following the sale

Indirect ESOP holdings 1,300 shares of Common Stock Shares in Employee Stock Ownership Plan account through August 28, 2026

Key Terms

open market sale transactions, weighted average sale price, Employee Stock Ownership Plan (ESOP)

3 terms

open market sale transactions market

"The reporting person effected multiple same-way open market sale transactions"

weighted average sale price financial

"Reflects the weighted average sale price. The range of prices"

Employee Stock Ownership Plan (ESOP) financial

"Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP)"

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.

FAQ

What insider transaction did RJF report for Bella Loykhter Allaire?

RJF reported that Chief Admin Officer Bella Loykhter Allaire sold 7,500 shares of common stock on August 28, 2026 in an open market transaction at a weighted average price of $177.60, with sale prices ranging from $177.58 to $177.59.

At what price were the RJF shares sold in this Form 4 filing?

The 7,500 RJF shares were sold at a weighted average sale price of $177.60 per share. The filing states the individual transaction prices were in a range from $177.58 to $177.59 per share.

How many RJF shares does Bella Loykhter Allaire own after this sale?

After the sale, Bella Loykhter Allaire directly owns 46,086 RJF common shares and indirectly owns 1,300 shares through her Employee Stock Ownership Plan (ESOP) account as of August 28, 2026.

Was the RJF insider sale done under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes describe open market sale transactions executed through a broker-dealer without referencing a trading plan.

How were the multiple RJF sale transactions reported on this Form 4?

Multiple same-way open market sales on August 28, 2026 at different prices within a one dollar range were aggregated into a single line. The insider undertook to provide full information on the number of shares sold at each separate price upon request.

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Available on EDGAR 08/31/2026 - 05:22 PM Accepted by SEC EDGAR 08/31/2026 - 05:21 PM

SEC Form 4

FORM 4

UNITED 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^*

Allaire Bella Loykhter

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Admin Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/28/2026		S⁽¹⁾		7,500	D	$177.5975⁽²⁾	46,086	D
Common Stock								1,300⁽³⁾	I	ESOP

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $177.58 to $177.59.

3. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through August 28, 2026.

Remarks:

This Form 4 reports the open market sale by the reporting person of shares of common stock.

	/s/ Bella Loykhter Allaire by Jonathan J. Doyle as Attorney-in-Fact	08/31/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR