Form 4: Broadridge Executive Christopher John Perry Reports Stock Disposal
SEC Form 4 Filing
Christopher John Perry, President of Broadridge Financial Solutions, reports the disposal of 3,362 shares of common stock to cover tax obligations.
Summary
- On April 1, 2024, Christopher John Perry, President of Broadridge Financial Solutions, disposed of 3,362 shares of common stock.
- The transaction was executed at a price of $203.23 per share.
- Following the transaction, Perry directly owns 56,288.521 shares of Broadridge Financial Solutions.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock disposal, likely to cover tax obligations. It doesn't inherently indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock disposal transaction |
| 04/02/2024 | Date of signature by Maria Allen, Power of Attorney |
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