Form 4: Broadridge Executive Chairman Richard J. Daly Donates 1,000 Shares to Charity

Broadridge's Executive Chairman, Richard J. Daly, donated 1,000 shares of common stock to the Richard J Daly Foundation.

Summary

• Richard J. Daly, the Executive Chairman of Broadridge Financial Solutions, Inc., has reported a transaction involving the company's common stock.
• On November 21, 2024, Mr. Daly donated 1,000 shares of Broadridge common stock to the Richard J Daly Foundation donor advised fund account.
• The donation was a gift and the price per share was recorded as $0.00.
• Following the transaction, Mr. Daly directly owns 104,093.9949 shares of Broadridge common stock.
• Mr. Daly also indirectly owns 2,700 shares through the 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 neutral disclosure of a routine insider transaction. It does not indicate any positive or negative sentiment towards the company.

Positives

• The donation of shares to a charitable foundation may be viewed positively by some stakeholders.
• The transaction does not indicate any selling pressure on the stock.

Industry Context

This is a standard SEC Form 4 filing, which is required when company insiders make transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The donation of shares by an executive is not uncommon and is often part of personal financial planning or charitable giving strategies.
• The number of shares donated is not significant in the context of the total outstanding shares of Broadridge.

Stakeholder Impact

• The donation of shares has a minimal impact on shareholders as it does not affect the company's operations or financial position.
• The donation may have a positive impact on the Richard J Daly Foundation.

Key Dates

Keywords

Broadridge, Richard J. Daly, charitable donation, stock donation, executive chairman, common stock, Form 4, insider transaction