Broadridge Financial Solutions Co-President ICS Shares Withheld for Taxes
BROADRIDGE FINANCIAL SOLUTIONS, INC.
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Filing Summary
📢 Form 4 Alert: Broadridge Financial Solutions, Inc. ($BR) Insider: DESCHUTTER DOUGLAS RICHARD (Co-President ICS) Transaction: Tax Withholding (Code F) Shares Transacted: 911 shares @ $161.15 (~$146,808) Shares Retained: 17,135.8948 shares Significance: Low (Routine disposition for tax liabilities)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Douglas Richard DeSchutter, Co-President ICS at Broadridge Financial Solutions, Inc. ($BR), disposed of 911 shares of common stock at a price of $161.15 per share, valued at approximately $146,807.65. This transaction was coded as 'F', representing shares withheld to satisfy tax withholding obligations upon the vesting of equity awards rather than an open-market sale.
Transaction Details
- Security: Common Stock
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Withheld: 911.0000
- Price per Share: $161.15
- Gross Value: $146,807.65
- Direct Ownership Post-Transaction: 17,135.8948 shares
Market and Sentiment Impact
The market significance of this filing is Low. The disposition represents a non-discretionary transaction specifically executed to satisfy statutory tax obligations resulting from equity compensation vesting. DeSchutter continues to hold over 17,135 direct shares in the company, indicating no change in executive sentiment or discretionary divestment.
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Important Disclaimer
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