Form 4: Broadridge Director Carter Receives Additional Deferred Stock Units

Director Pamela L. Carter receives 18 additional Deferred Stock Units from Broadridge Financial Solutions due to a dividend payment.

Summary

• Pamela L. Carter, a director at Broadridge Financial Solutions, received 18 Deferred Stock Units on April 3, 2025.
• These units were awarded under Broadridge's 2018 Omnibus Award Plan in connection with the payment of a regular quarterly dividend.
• Carter now beneficially owns 5,163 shares of common stock.
• The Deferred Stock Units vest immediately upon grant but will be settled in shares of Broadridge common stock upon Carter's separation from service with Broadridge.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine director compensation disclosure, indicating continued alignment of interests between the director and the company's shareholders.

Positives

• The award of Deferred Stock Units demonstrates Broadridge's commitment to compensating its directors.
• The immediate vesting of the units is a positive incentive for the director.

Future Outlook

The Deferred Stock Units will be settled in shares of Broadridge common stock upon the director's separation from service with Broadridge.

Industry Context

This filing is a routine disclosure of director compensation in the form of stock units, a common practice among publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Deferred Stock Units are a common form of equity compensation, similar to restricted stock units (RSUs) used by companies like Accenture and Cognizant.
• The vesting and settlement terms are typical, with vesting often occurring over a period of years or upon separation from service, aligning with practices at companies such as IBM and Oracle.

Stakeholder Impact

• The award of Deferred Stock Units aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates

Keywords

Deferred Stock Units, Director Compensation, Dividend, Broadridge Financial Solutions, Form 4, Beneficial Ownership