Form 4: Raymond James Financial Inc. Executive Paul M. Shoukry Disposes of Shares to Cover Tax Liability
SEC Form 4 Filing
Paul M. Shoukry, President of Raymond James Financial, disposed of shares to cover tax obligations related to the vesting of Performance Restricted Stock Units (RSUs).
Summary
- On January 2, 2025, Paul M. Shoukry, President of Raymond James Financial Inc., disposed of 2,033 shares of common stock at a price of $155.33 per share to cover tax liability.
- Following the transaction, Shoukry directly owns 33,916 shares of Raymond James Financial Inc.
- Shoukry also indirectly owns 1,318 shares through the Employee Stock Ownership Plan (ESOP) as of December 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it's a small percentage of the total outstanding shares.
- The transaction does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account. |
| 01/02/2025 | Date of the transaction where 2,033 shares of common stock were disposed of. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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