Form 4: Broadridge Director Nazareth Increases Equity Holdings

Broadridge Financial Solutions Director Annette L. Nazareth increased her beneficial ownership of common stock through the award of Deferred Stock Units.

Summary

• Annette L. Nazareth, a Director of Broadridge Financial Solutions, Inc. (BR), acquired additional common stock through two separate awards of Deferred Stock Units (DSUs).
• On October 2, 2025, Nazareth was awarded 10 Deferred Stock Units, increasing her direct beneficial ownership to 8,519 shares.
• On the same date, she received an additional award of 9 Deferred Stock Units, bringing her total direct beneficial ownership to 8,528 shares.
• These awards were made under Broadridge's 2018 Omnibus Award Plan and are connected to the payment of regular quarterly dividends on previously issued Deferred Stock Units.
• The Deferred Stock Units vest in full upon grant and will settle in shares of Broadridge common stock upon Nazareth's separation from service with Broadridge.
• The acquisition price for these awards was reported as $0.0000 per unit, indicating they were grants rather than open market purchases.

Sentiment

Score: 6

Explanation: The filing indicates a routine, non-cash equity award to a director, which is a neutral event in terms of immediate market impact but slightly positive as it increases director's alignment with shareholder interests.

Positives

• Director Annette L. Nazareth's beneficial ownership of Broadridge common stock increased by 19 shares, aligning her interests further with shareholders.
• The awards are part of a structured compensation plan, reflecting ongoing director participation in the company's equity.

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

This filing reflects a routine insider transaction related to director compensation, common across publicly traded companies, where equity awards are used to align director interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with long-term shareholder value through equity ownership.

Next Steps

• The Deferred Stock Units will convert into shares of Broadridge common stock upon Annette L. Nazareth's separation from service with the company.

Key Dates

Keywords

Broadridge Financial Solutions, BR, Form 4, Insider Transaction, Director Compensation, Deferred Stock Units, Equity Award, Stock Holdings