Raymond James (RJF) Chief Admin Officer Allaire Loykhter Sells 7,500 Shares

What Happened Allaire Loykhter, Chief Administrative Officer of Raymond James Financial (RJF), reported an open-market sale of 7,500 shares of RJF common stock on August 28, 2026. The filing reports a weighted average sale price of approximately $177.60 per share for a total transaction value of $1,331,981. This was a sale (not a purchase), which is often routine and does not by itself indicate a change in insider sentiment.

Key Details

• Transaction date: August 28, 2026; Form 4 filed August 31, 2026 (timely, within SEC reporting window).
• Reported shares sold: 7,500; weighted average price shown ~$177.60; filing notes the individual trade prices ranged about $177.58–$177.59.
• Total reported proceeds: $1,331,981.
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt. Footnote indicates reported holdings include shares in the reporting person's ESOP account through August 28, 2026.
• Notable footnotes:
  • F1: Multiple same-way open-market sale trades that day were reported on one line; detailed per-price breakdown available on request.
  • F2: Filing reflects weighted average sale price; individual trade range $177.58–$177.59.
  • F3: Holdings figure (where provided) includes ESOP account shares through the transaction date.
• Filing timeliness: Reported within the required SEC timeframe (not marked late).

Context This was an open-market sale by an executive; sales like this are common and may reflect personal liquidity needs, diversification, tax planning, or other non-fundamental reasons. Because this is a sale (code S) rather than a purchase, it is generally less informative about the insider’s view on the company’s outlook.