Form 4: Broadridge Director Exercises Stock Options and Sells Shares
SEC Form 4
Annette L. Nazareth, a director at Broadridge Financial Solutions, exercised stock options and sold shares on November 11, 2024.
Summary
- On November 11, 2024, Annette L. Nazareth, a director of Broadridge Financial Solutions, exercised stock options to acquire shares of common stock.
- She exercised options to purchase 1,365 shares at $133.74, 1,180 shares at $173, and 1,120 shares at $176.18.
- Following these transactions, Nazareth directly owns 7,485 shares of Broadridge common stock, along with 1,365 stock options exercisable at $133.74, 1,180 stock options exercisable at $173, and 1,121 stock options exercisable at $176.18.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock option exercises and share sales by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
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 |
|---|---|
| 11/09/2022 | Date stock options exercisable for 1,365 shares |
| 11/18/2021 | Date stock options exercisable for 1,180 shares |
| 11/09/2023 | Date stock options exercisable for 1,120 shares |
| 11/11/2024 | Transaction date: Director exercised stock options and sold shares. |
| 11/12/2024 | Date of signature by Power of Attorney. |
| 11/09/2032 | Expiration date for stock options for 1,365 shares |
| 11/18/2031 | Expiration date for stock options for 1,180 shares |
| 11/09/2033 | Expiration date for stock options for 1,120 shares |
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