Raymond James (NYSE: RJF) EVP Santelli records 4,500-share stock sale

Rhea-AI Filing Summary

Raymond James Financial executive vice president and general counsel Jonathan N. Santelli reported an open-market sale of common stock. On February 4, 2026, he sold 4,500 shares at $170.462 per share. After the transaction, he directly owned 26,853 shares and indirectly held 554 shares through an ESOP account.

Insider Trade Summary

Net Seller: 4,500 shares ($767,079)

Net Sell 2 txns

Insider Santelli Jonathan N

Role EVP, General Counsel

Sold 4,500 shs ($767K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,500	$170.462	$767K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 26,853 shares (Direct); Common Stock — 554 shares (Indirect, ESOP)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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^*

Santelli Jonathan N

(Last) (First) (Middle)

880 CARILLON PARKWAY

(Street)

ST. PETERSBURG FL 33716

(City) (State) (Zip)

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)
	EVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/04/2026		S		4,500	D	$170.462	26,853	D
Common Stock								554(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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

Remarks:

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

	/s/ Jonathan N. Santelli by Jonathan J. Doyle as Attorney-in-Fact	02/05/2026
	** 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.

FAQ

What insider transaction did RJF executive Jonathan N. Santelli report?

Jonathan N. Santelli reported an open-market sale of 4,500 shares of Raymond James Financial common stock at $170.462 per share on February 4, 2026. The filing records this as a disposition of non-derivative common stock under his direct ownership.

How many RJF shares does Jonathan N. Santelli own after this Form 4 filing?

After the reported sale, Jonathan N. Santelli directly owns 26,853 shares of Raymond James Financial common stock. He also indirectly holds 554 additional shares through his Employee Stock Ownership Plan (ESOP) account, which includes shares accumulated through January 28, 2026.

What price did RJF executive Jonathan N. Santelli receive for the sold shares?

The 4,500 Raymond James Financial common shares were sold at a price of $170.462 per share. This price is taken directly from the reported non-derivative transaction code “S,” indicating an open-market or private sale of common stock by the reporting person.

How are Jonathan N. Santelli’s indirect RJF holdings structured in this filing?

The filing shows 554 shares of Raymond James Financial common stock held indirectly through an ESOP. A footnote explains these shares were acquired under the reporting person’s Employee Stock Ownership Plan account through January 28, 2026, and are reported as indirect beneficial ownership.