Form 4: Raymond James Financial Inc. Executive Scott A. Curtis Reports Stock Transactions

Chief Operating Officer of Raymond James Financial, Scott A. Curtis, reports multiple transactions involving company stock, including vesting of restricted stock units and tax liability dispositions.

Summary

• Scott A. Curtis, Chief Operating Officer of Raymond James Financial, reported several transactions involving the company's common stock.
• These transactions include the vesting of restricted stock units (RSUs), which resulted in the acquisition of 5,293 shares.
• A portion of the vested shares were then disposed of to cover tax liabilities, with 525 shares sold at $169.28 and 1,328 shares sold at $169.28.
• Additionally, 1,000 shares were gifted by the reporting person.
• The reporting person also has 4,094 shares held indirectly through an Employee Stock Ownership Plan (ESOP).
• The transactions occurred on November 30, 2024 and December 3, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment. It is a routine filing.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial services industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and the transactions reported are typical for executive compensation packages that include stock options and restricted stock units.
• Similar filings can be seen from executives at other financial firms such as Morgan Stanley, Goldman Sachs, and Charles Schwab, which also use equity-based compensation.

Stakeholder Impact

• The transactions reported have a minor impact on shareholders as they reflect routine executive compensation and tax liability management.

Key Dates

Keywords

Raymond James Financial, stock transactions, restricted stock units, insider trading, Form 4, executive compensation, employee stock ownership plan