Form 4: Raymond James Financial Inc. Executive James E. Bunn Sells Shares on the Open Market

James E. Bunn, a Pres-GlobEq&Inv Banking-RJA at Raymond James Financial Inc., sold 11,095 shares of common stock on May 3, 2024.

Summary

• On May 3, 2024, James E. Bunn, a Pres-GlobEq&Inv Banking-RJA at Raymond James Financial Inc., sold 11,095 shares of common stock.
• The sale was executed on the open market at a weighted average price of $124.4357 per share.
• The price range for the transactions was $124.25 to $124.72.
• Following the reported transaction, Bunn directly owns 46,977 shares of Raymond James Financial Inc. common stock.
• Bunn also indirectly owns 1,961 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of the financial industry, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information provided is consistent with the level of detail expected in such filings.
• Comparable companies would have similar filings when their executives trade company stock.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially influencing the stock price in the short term.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates