Form 4: Broadridge Financial Solutions Executive Douglas Deschutter Reports Stock Disposal
SEC Form 4 Filing
Douglas Deschutter, Co-President of ICS at Broadridge Financial Solutions, disposed of 914 shares of common stock on April 1, 2025, to cover tax obligations.
Summary
- On April 1, 2025, Douglas Deschutter, Co-President ICS of Broadridge Financial Solutions, disposed of 914 shares of common stock.
- The transaction was executed at a price of $244.72 per share.
- Following the transaction, Deschutter directly owns 26,222.8948 shares of Broadridge Financial Solutions.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock disposal transaction |
| 04/03/2025 | Date of signature by Power of Attorney |
Keywords
Form 4, Broadridge Financial Solutions, Stock Disposal, Insider Trading, Douglas Deschutter, BR
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