Form 4: Broadridge Director Duelks Exercises Options and Sells Shares
SEC Form 4 Filing
Director Robert N. Duelks of Broadridge Financial Solutions exercised stock options and sold shares on February 26, 2025.
Summary
- On February 26, 2025, Robert N. Duelks, a director of Broadridge Financial Solutions, exercised stock options to acquire a total of 14,631 shares of common stock at prices of $56.37, $64.89, and $88.66.
- He then sold 8,405 shares of common stock at a weighted average price of $237.1532, with individual sales prices ranging from $237.01 to $237.41.
- Following these transactions, Duelks directly owns 26,510 shares and indirectly owns 5,445 shares through BOMAR II LLC, 17,000 shares through the Mary E. Duelks 2007 Revocable Trust, and 3,127 shares through the Robert N. Duelks 2007 Revocable Trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences for directors and officers of publicly traded companies. These filings provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 11/12/2015 | Date stock option became exercisable for 5,771 shares at $56.37 |
| 11/17/2016 | Date stock option became exercisable for 4,753 shares at $64.89 |
| 11/16/2017 | Date stock option became exercisable for 4,107 shares at $88.66 |
| 02/26/2025 | Date of transaction: exercise of stock options and sale of shares |
| 11/12/2025 | Expiration date of stock option for 5,771 shares at $56.37 |
| 11/17/2026 | Expiration date of stock option for 4,753 shares at $64.89 |
| 11/16/2027 | Expiration date of stock option for 4,107 shares at $88.66 |
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