X0508 4 2025-02-20 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001183585 GARCIA ART A 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 0 Common Stock 2025-02-20 4 M 0 1711.0000 0 A 4436.0000 D Common Stock 2025-02-20 4 A 0 1253.0000 0.0000 A 5689.0000 D Restricted Stock Units 2025-02-20 4 M 0 1711.0000 0.0000 D Common Stock 1711.0000 0.0000 D Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of common stock, and (ii) accrued cash in lieu of dividends. Consists of a grant of Deferred Restricted Stock Units ("DRSUs") as part of compensation for service on the registrant's Board of Directors. Upon vesting, the DRSUs convert to the right to receive shares of common stock on a one-to-one basis, together with accrued cash in lieu of dividends. The DRSUs vest at the date of the next succeeding annual shareholders meeting following the grant date, but no later than March 15 of the calendar year following grant. Pursuant to an irrevocable election by the reporting person, settlement of the DRSUs will be deferred following vesting until the date the reporting person terminates his or her service on the Board of Directors. Includes DRSUs. The award vested in accordance with its terms, which provided for vesting at the date of the next succeeding annual shareholders meeting following the grant date, but no later than March 15 of the calendar year following grant. This Form 4 reports (i) the acquisition by the reporting person of DRSUs resulting from an annual grant to the registrant's non-executive directors and (ii) the vesting of RSUs awarded to the reporting person. /s/ Art A. Garcia by Jonathan J. Doyle as Attorney-in-Fact 2025-02-24