Form 4: Broadridge CEO Timothy Gokey Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
CEO Timothy Gokey disposed of 12,227 shares of Broadridge Financial Solutions stock on April 1, 2024, to cover tax obligations.
Summary
- On April 1, 2024, Timothy C Gokey, CEO of Broadridge Financial Solutions, Inc., disposed of 12,227 shares of common stock.
- The transaction was executed at a price of $203.23 per share.
- This disposal was to cover tax obligations.
- Following the transaction, Gokey directly owns 165,619.0271 shares of Broadridge Financial Solutions, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock disposal transaction |
| 04/02/2024 | Date of signature by Power of Attorney |
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