Form 4: Raymond James Financial Executive Vice President Sells Shares
SEC Form 4 Filing
Bella Loykhter Allaire, an Executive Vice President at Raymond James Financial, sold shares of common stock on July 31, 2024.
Summary
- On July 31, 2024, Bella Loykhter Allaire, an Executive Vice President at Raymond James Financial Inc., sold shares of the company's common stock.
- The sale was executed through multiple open market transactions at varying prices.
- A total of 17,363 shares were sold at a weighted average price of $114.9965.
- The price range for the transactions was between $114.93 and $115.46.
- Following the reported transaction, Allaire directly owns 75,586 shares of Raymond James Financial Inc.
- Allaire also indirectly owns 1,189 shares through the Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily reflect the company's performance.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of the stock sale transaction. |
| 08/01/2024 | Date of the Form 4 filing. |
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