Raymond James (RJF) Exec Chair Steven Raney Sells 5,770 Shares

What Happened
Steven M. Raney, Executive Chair of RJBank (Raymond James Financial, ticker RJF), reported an open-market sale of 5,770 shares of Raymond James common stock on July 27, 2026. The weighted average sale price was $172.97, for total proceeds of approximately $998,033. This was a sale (not a purchase), which is often routine insider selling and does not necessarily indicate a change in company prospects.

Key Details

• Transaction date: July 27, 2026 (reported on Form 4 filed July 28, 2026). Filing was timely (next-business-day).
• Transaction type/code: Open-market sale (S).
• Shares sold: 5,770; weighted average price: $172.97; price range reported: $172.83–$173.13.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Notable footnotes:
  • F1: Multiple same-way open-market sales on the same day were aggregated on one line; Raney will provide a price-by-price breakdown to the SEC or issuer on request.
  • F2: Confirms the weighted-average and the price range for the aggregated sales.
  • F3/F4: Notes inclusion of small lots acquired via the company’s Employee Stock Purchase Plan (ESPP) and Employee Stock Ownership Plan (ESOP) in reported holdings (not part of this sale).
• Remarks on timing/implication: No 10b5-1 plan or other trading plan was indicated in the excerpt; the sale appears to be a routine open-market disposal.

Context
Insider sales can be for many personal or portfolio reasons and are not definitive signals of company performance. For retail investors, purchases are typically more informative about insider conviction; this filing documents routine selling. If you want the breakdown of how many shares were sold at each exact price within the reported range, the filer has committed to provide that detail on request to the SEC, the issuer, or a shareholder.