Form 4: Raymond James Financial Inc. Executive Paul M. Shoukry Reports Gift of 1,500 Shares

Raymond James Financial Inc. President Paul M. Shoukry reported a gift of 1,500 shares of common stock, while also holding 32,728 shares directly and 1,318 shares indirectly through an ESOP.

Summary

• Paul M. Shoukry, President of Raymond James Financial Inc., reported a transaction involving the company's common stock.
• On December 9, 2024, Shoukry gifted 1,500 shares of common stock.
• Following this transaction, Shoukry directly owns 32,728 shares of common stock.
• He also indirectly owns 1,318 shares through an Employee Stock Ownership Plan (ESOP).
• The ESOP holdings include shares acquired up to November 20, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies. It provides transparency into the holdings of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• Executives at comparable financial firms such as Morgan Stanley, Goldman Sachs, and Charles Schwab also regularly file Form 4s to report changes in their beneficial ownership of company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a gift of shares by an executive and does not involve a sale or purchase on the open market.

Key Dates

Keywords

Raymond James Financial Inc., Paul M. Shoukry, stock gift, insider trading, Form 4, ESOP, common stock, executive