Broadridge Director Annette Nazareth Receives 180 Deferred Stock Units via Fee Deferral

Insider Filing Analysis: Broadridge Financial Solutions, Inc. (BR)

Executive Summary

On September 28, 2026, Broadridge Financial Solutions, Inc. (NYSE: BR) filed a Form 4 reporting an acquisition of equity-based compensation by Director Annette L. Nazareth. On September 24, 2026, Nazareth received 180 Deferred Stock Units (DCUs) at $0.00 per share, bringing her direct beneficial ownership to 9,794 shares.

Transaction Details

• Security: Common Stock (underlying Deferred Stock Units)
• Transaction Code: A (Grant, award, or other acquisition)
• Shares Acquired: 180 shares
• Transaction Price: $0.00
• Post-Transaction Beneficial Holdings: 9,794 shares
• Nature of Ownership: Direct

Context & Plan Mechanics

According to Footnote 1 of the filing, the transaction represents the grant of Deferred Stock Units under Broadridge's 2018 Omnibus Award Plan resulting from the director's elective deferral of cash compensation under the Director Deferred Compensation Program.

Key characteristics of the award include:

• Vesting: Fully vested immediately upon grant.
• Settlement: Settles in shares of Broadridge common stock on a 1-to-1 basis following the director's separation from service.

Market & Trading Significance

This transaction carries Low trading significance. It is a non-discretionary, compensatory equity award resulting from a pre-established plan where director cash retainers/fees are converted into deferred stock units. It does not represent open-market buying or selling activity.