Timothy C. Gokey - Aug 23, 2024 Form 4 Insider Report for BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)

Role
CEO
Signature
Maria Allen, Power of Attorney
Stock symbol
BR
Transactions as of
Aug 23, 2024
Transactions value $
-$5,232,740
Form type
4
Date filed
8/23/2024, 04:51 PM
Previous filing
Aug 16, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BR Common Stock Options Exercise $1.59M +30.7K +15.29% $51.95 231K Aug 23, 2024 Direct
transaction BR Common Stock Sale -$5.23M -25K -10.81% $209.31 206K Aug 23, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BR Stock Option (Right to Buy) Options Exercise -$1.59M -30.7K -100% $51.95 0 Aug 23, 2024 Common Stock 30.7K $51.95 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.2300 - $210.6400, inclusive. The reporting person undertakes to provide to Broadridge Financial Solutions, Inc., any shareholder of Broadridge Financial Solutions, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.