Form 4: Broadridge Executive Richard John Stingi Reports Stock Transactions

Corporate VP and CHRO of Broadridge Financial Solutions, Richard John Stingi, reports the vesting and conversion of restricted stock units into common stock, along with the withholding of shares for tax liabilities.

Summary

• On April 1, 2025, Richard John Stingi, Corporate VP and CHRO of Broadridge Financial Solutions, had 1,511 restricted stock units vest and convert into an equal number of shares of common stock.
• Additionally, 772 shares were withheld to cover tax liabilities related to this vesting.
• Another 960 shares were withheld to cover tax liabilities upon the vesting of 1,860 performance based Restricted Stock Units.
• Following these transactions, Stingi directly owns 6,308.799 shares of Broadridge common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't indicate any particularly positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares.
• The transactions reflect compensation for a key executive.

Key Dates

Keywords

Broadridge Financial Solutions, Richard John Stingi, stock transaction, restricted stock units, Form 4, insider trading, common stock, vesting, tax liabilities