SHOUKRY PAUL M (CFO and Treasurer) exercised options at RAYMOND JAMES FINANCIAL INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

SHOUKRY PAUL M

Filed: 12/17/2025ACC: 0001225208-25-010052

InsiderSHOUKRY PAUL MCIK 1798349

→

IssuerRAYMOND JAMES FINANCIAL INCCIK 720005

Officer· CFO and Treasurer

Since Jan 2020

+2.49K

Net shares

Net buyer

$1.37M

Total sold

Open market trades

0B · 0S

Total transactions

33.67K acquired · 31.19K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+5.44K

Price / share

—

Trade value

—

% of position

12.6%

12/15/2025

43.27K→48.72K

Common Stock

Direct

M · Option Exercise

+5.44K

Price / share

—

Trade value

—

% of position

11.2%

12/15/2025

48.72K→54.16K

Common Stock

Direct

M · Option Exercise

+3.26K

Price / share

—

Trade value

—

% of position

6.0%

12/15/2025

54.16K→57.42K

Common Stock

Direct

F · Tax Withholding

−1.28K

Price / share

$163.85

Trade value

$210.38K

% of position

2.2%

12/15/2025

57.42K→56.14K

Common Stock

Direct

F · Tax Withholding

−2.14K

Price / share

$163.85

Trade value

$350.64K

% of position

3.8%

12/15/2025

56.14K→54K

Common Stock

Direct

F · Tax Withholding

−2.14K

Price / share

$163.85

Trade value

$350.97K

% of position

4.0%

12/15/2025

54K→51.85K

Common Stock

Direct

F · Tax Withholding

−2.77K

Price / share

$163.85

Trade value

$454.03K

% of position

5.3%

12/15/2025

51.85K→49.08K

Common Stock

Direct

G · Gift

−8.70K

Price / share

—

Trade value

—

% of position

17.7%

12/15/2025

49.08K→40.38K

Total

Net shares

−2.90K

Net value

-$1.37M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/15/2025	M · Option Exercise	+5.44K	—	—	12.6%	43.27K	48.72K
Common Stock Direct	12/15/2025	M · Option Exercise	+5.44K	—	—	11.2%	48.72K	54.16K
Common Stock Direct	12/15/2025	M · Option Exercise	+3.26K	—	—	6.0%	54.16K	57.42K
Common Stock Direct	12/15/2025	F · Tax Withholding	−1.28K	$163.85	$210.38K	2.2%	57.42K	56.14K
Common Stock Direct	12/15/2025	F · Tax Withholding	−2.14K	$163.85	$350.64K	3.8%	56.14K	54K
Common Stock Direct	12/15/2025	F · Tax Withholding	−2.14K	$163.85	$350.97K	4.0%	54K	51.85K
Common Stock Direct	12/15/2025	F · Tax Withholding	−2.77K	$163.85	$454.03K	5.3%	51.85K	49.08K
Common Stock Direct	12/15/2025	G · Gift	−8.70K	—	—	17.7%	49.08K	40.38K
Total			−2.90K		-$1.37M

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3.26K shares

−3.26K

Strike price

Held after

11.24K

Exercisable

—

12/15/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

5.44K shares

−5.44K

Strike price

Held after

5.80K

Exercisable

—

12/15/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

5.44K shares

−5.44K

Strike price

Held after

0.00

Exercisable

—

12/15/2025

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

19.53K shares

+19.53K

Strike price

Held after

19.53K

Exercisable

—

12/15/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock3.26K shares	12/15/2025	M · Option Exercise	−3.26K	—	11.24K
Restricted Stock Units Direct	Common Stock5.44K shares	12/15/2025	M · Option Exercise	−5.44K	—	5.80K
Restricted Stock Units Direct	Common Stock5.44K shares	12/15/2025	M · Option Exercise	−5.44K	—	0.00
Restricted Stock Units Direct	Common Stock19.53K shares	12/15/2025	A · Award	+19.53K	—	19.53K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned1.38K

Total

1.38K indirect1.38K

Security Title	Shares Owned	Ownership Type
Common Stock	1.38K	Indirect
Total	1.38K	1.38K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported