Raymond James Financial (NYSE: RJF) awards management and bonus RSUs to EVP

Rhea-AI Filing Summary

Raymond James Financial reported new equity awards for executive vice president of Technology & Operations Vincent Campagnoli effective 12/15/2025. The disclosure shows two grants of restricted stock units (RSUs), each representing the right to receive one share of common stock plus accrued cash in lieu of dividends upon vesting.

The management RSU award covers 3,661 units that vest 60% on 12/15/2028, 20% on 12/15/2029 and 20% on 12/15/2030. A separate 2,441‑unit RSU grant was made as part of Campagnoli’s annual bonus under the company’s Amended and Restated 2012 Stock Incentive Plan and is scheduled to become exercisable on 12/15/2028. Both awards are held directly by the executive at a stated price of $0.0000 per unit.

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

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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^*

Campagnoli Vincent

(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, Technology & Operations

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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

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
Restricted Stock Units	(1)	12/15/2025		A		3,661		(2)	12/15/2030	Common Stock	3,661	$0.0000	3,661	D
Restricted Stock Units	(1)	12/15/2025		A		2,441(3)		12/15/2028	12/15/2028	Common Stock	2,441	$0.0000	2,441	D

Explanation of Responses:

1. 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.

2. RSUs vest 60% on 12/15/2028, 20% on 12/15/2029, and 20% on 12/15/2030.

3. Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

This Form 4 reports (i) a grant of management RSUs to the reporting person and (ii) a grant of RSUs as a portion of the annual bonus to the reporting person.

	/s/ Vincent Campagnoli by Jonathan J. Doyle as Attorney-in-Fact	12/17/2025
	** 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 equity awards did Raymond James Financial (RJF) disclose for Vincent Campagnoli?

Raymond James Financial disclosed that executive vice president of Technology & Operations Vincent Campagnoli received two grants of restricted stock units (RSUs) effective 12/15/2025: a management RSU award and an additional RSU grant tied to his annual bonus.

How many restricted stock units did Vincent Campagnoli receive from Raymond James Financial on 12/15/2025?

On 12/15/2025, Vincent Campagnoli received 3,661 management RSUs and a separate grant of 2,441 RSUs as part of his annual bonus, each linked to Raymond James Financial common stock.

What is the vesting schedule for the 3,661 management RSUs at Raymond James Financial?

The 3,661 management RSUs granted to Vincent Campagnoli vest over time: 60% on 12/15/2028, 20% on 12/15/2029, and the remaining 20% on 12/15/2030.

When do the 2,441 RSUs granted as an annual bonus at RJF become exercisable?

The 2,441 RSUs awarded to Vincent Campagnoli as part of his annual bonus are scheduled to become exercisable on 12/15/2028, with each unit tied to one share of Raymond James Financial common stock.

What does each restricted stock unit granted by Raymond James Financial represent?

Each Raymond James Financial RSU granted to Vincent Campagnoli represents a contingent right to receive, upon vesting, one share of common stock plus accrued cash in lieu of dividends.

Under which plan were Vincent Campagnoli’s annual bonus RSUs at RJF granted?

The 2,441 RSUs granted as a portion of Vincent Campagnoli’s annual bonus were issued under Raymond James Financial’s Amended and Restated 2012 Stock Incentive Plan.