Form 4: Broadridge Executive Chairman Richard Daly Reports Stock Option Exercise and Share Sales

Richard Daly, Executive Chairman of Broadridge Financial Solutions, exercised stock options and sold shares on September 6, 2024, according to a Form 4 filing with the SEC.

Summary

• On September 6, 2024, Richard J Daly, the Executive Chairman of Broadridge Financial Solutions, exercised stock options to acquire 14,510 shares of common stock at a price of $117.34 per share.
• Following the exercise, Daly sold 9,038 shares and 12,900 shares of Broadridge common stock at a weighted average price of $207.6627.
• After these transactions, Daly directly owns 117,993.9949 shares of Broadridge common stock.
• Daly also indirectly owns 2,700 shares through a 2020 Grandchild Trust, 15,000 shares through The EED 2012 Trust, and 15,000 shares through The KLD 2012 Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which can be of interest to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates