Scott A Curtis, Raymond James Financial's President - RJFS, just received 7,500 restricted shares from the company. The restricted shares don't become available to Curtis until November 18, 2020. Curtis now owns at least 7,500 restricted shares of the company.
Some additional info was provided as follows:
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.
RSUs vest 60% on 11/18/2018, 20% on 11/18/2019, and 20% on 11/18/2020.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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