Form 4: Broadridge Financial Solutions Executive Exercises Stock Options and Sells Shares
SEC Form 4
Christopher John Perry, President of Broadridge Financial Solutions, exercised stock options and sold a portion of the acquired shares on August 19, 2024.
Summary
- On August 19, 2024, Christopher John Perry, President of Broadridge Financial Solutions, exercised stock options to acquire 175 shares of common stock at a price of $148.07 per share.
- Simultaneously, Perry sold 162 shares of common stock at $210 per share.
- Following these transactions, Perry directly owns 67,266.521 shares of Broadridge Financial Solutions.
- Perry also holds 14,724 stock options.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's common for executives to exercise stock options and sell a portion of the shares for personal financial management.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/12/2022 | Date stock options were exercisable |
| 08/19/2024 | Date of transaction (exercise of options and sale of shares) |
| 02/12/2031 | Expiration date of stock options |
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