Form 4: Broadridge Director Leslie A. Brun Acquires Additional Deferred Stock Units
SEC Form 4 Filing
Director Leslie A. Brun acquired 110 deferred stock units of Broadridge Financial Solutions, Inc. due to a dividend payment.
Summary
- On July 5, 2024, Leslie A. Brun, a director of Broadridge Financial Solutions, Inc., acquired 110 deferred stock units.
- The acquisition was a result of the payment of Broadridge's regular quarterly dividend on the common stock underlying previously issued deferred stock units.
- The price per unit was $0.0000.
- Following the transaction, Brun directly owns 73,612 shares of Broadridge common stock.
- The deferred stock units vest in full upon grant and will settle in shares of Broadridge common stock upon the director's separation from service with Broadridge.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a routine transaction related to dividend payments and insider confidence.
Positives
- The acquisition of deferred stock units by a director signals confidence in the company's performance and future prospects.
Future Outlook
The deferred stock units will settle in shares of Broadridge common stock upon the director's separation from service with Broadridge.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of transaction: Leslie A. Brun acquired 110 deferred stock units. |
| 07/08/2024 | Date of signature by Maria Allen, Power of Attorney. |
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