Aisenbrey Christopher S 4

What Happened

• Christopher S. Aisenbrey, Chief Human Resources Officer of Raymond James Financial (RJF), had RSUs partially vest on 2026-02-28. The Form 4 shows conversion/exercise of 600 RSU units into 600 shares (no cash exercise price). To satisfy tax withholding, 132 of those shares were disposed/surrendered to the issuer at an indicated per-share value of $153.08, totaling $20,207. This is a routine compensation vesting event, not an open-market sell.

Key Details

• Transaction date: 2026-02-28 (reported on Form 4 filed 2026-03-03). No late filing indicated.
• Actions reported:
  • Code M: 600 RSUs converted/exercised into 600 shares at $0.00.
  • Code F: 132 shares disposed/surrendered to issuer for tax withholding at $153.08/share (= $20,207).
• Shares owned after the transaction: total post-transaction shareholdings are not specified in the filing. Footnote F2 notes the total includes ESOP shares through 02/27/2026.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to one share plus accrued cash in lieu of dividends.
  • F3: Vesting schedule — 60% vested 2/28/2025, 20% vested 2/28/2026 (this event), and remaining 20% vests 2/28/2027.
• Filing timeliness: Report filed 03/03/2026 for a 02/28/2026 event; this appears to be a timely Form 4 (within required business-day window).

Context

• This was a compensation-related vesting of RSUs, not an open-market purchase or discretionary sale. The disposition was to the issuer to cover tax withholding (a common, administrative step) rather than a market sale that would signal added liquidity or investment conviction. The M code indicates conversion/exercise of RSUs; the F code indicates shares were used to satisfy tax obligations.