Raymond James Financial (RJF)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-28 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: RAYMOND JAMES FINANCIAL INC (RJF) CIK: 0000720005 --- Reporting Owner --- Name: Allaire Bella Loykhter CIK: 0001537767 Role: Officer (Chief Admin Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-08-28 | Code: S (Open market sale) Shares: -7,500 | Price: $177.60 Total Value: $1,331,981.25 Shares Owned After: 46,086 | Ownership: D (Direct) Footnotes: [F1] The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. [F2] Reflects the weighted average sale price. The range of prices for such transaction was $177.58 to $177.59. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) Footnotes: [F3] Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through August 28, 2026. --- Footnotes (Complete Index) --- F1: The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. F2: Reflects the weighted average sale price. The range of prices for such transaction was $177.58 to $177.59. F3: Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through August 28, 2026. --- Signature --- /s/ /s/ Bella Loykhter Allaire by Jonathan J. Doyle as Attorney-in-Fact (2026-08-31)