Form 4: Broadridge CEO Gokey Receives Stock Options
SEC Form 4 Filing
CEO Timothy C Gokey of Broadridge Financial Solutions, Inc. was granted stock options on February 4, 2025.
Summary
- On February 4, 2025, Timothy C Gokey, CEO of Broadridge Financial Solutions, Inc., was granted stock options.
- The stock options provide the right to buy 110,601 shares of Broadridge common stock at an exercise price of $240.59.
- The options vest equally over four years, beginning on February 4, 2026.
- The options expire on February 4, 2035.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The granting of stock options is a standard practice and generally viewed as a positive incentive for management.
Positives
- The granting of stock options to the CEO aligns his interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the CEO.
Future Outlook
NA
Industry Context
Stock options are a common form of executive compensation in the financial services industry, used to incentivize performance and align management interests with shareholder value.
Stakeholder Impact
- The granting of stock options could potentially increase shareholder value if the CEO's performance improves the company's financial results.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of the stock option grant |
| 02/04/2026 | First vesting date of the stock options |
| 02/04/2035 | Expiration date of the stock options |
| 02/05/2025 | Date of Form 4 filing |
Keywords
stock options, Broadridge, CEO, Timothy Gokey, equity compensation, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.