Broadridge CFO nets shares from RSU vesting
Broadridge Financial Solutions CFO Ashima Ghei had FY2024 RSUs vest and convert into common stock, with part of the shares withheld for taxes.
Rhea-AI Filing Summary
Broadridge Financial Solutions CFO Ashima Ghei had FY2024 RSUs vest and convert into common stock, with part of the shares withheld for taxes. On June 27, 2026, 2,509 Restricted Stock Units vested and became an equal number of common shares. To cover tax liabilities on this vesting, 905 of those shares were withheld, based on a price of $137.93 per share. The transactions reflect routine equity compensation mechanics rather than open‑market trading, and Ghei ended the day holding 5,561 shares of Broadridge common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,509 shares exercised/converted
Exercise
3 txns
Insider
Ghei Ashima
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | FY2024 RSUs June 2024 | 2,509 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,509 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 905 | $137.93 | $125K |
Holdings After Transaction:
FY2024 RSUs June 2024 — 0 contracts (Direct);
Common Stock — 5,561 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represented one share of Broadridge common stock and on June 27, 2026 2,509 Restricted Stock Units vested and converted into an equal number of shares of common stock.
- F2. Represents the amount of shares withheld to cover tax liabilities upon the vesting of 2,509 Restricted Stock Units that vested and converted into an equal number of shares of common stock on June 27, 2026.
Key Figures
RSUs vested: 2,509 shares
Shares withheld for taxes: 905 shares
Tax withholding reference price: $137.93 per share
+2 more
5 metrics
RSUs vested
2,509 shares
Restricted Stock Units converted to common stock on June 27, 2026
Shares withheld for taxes
905 shares
Withheld to cover tax liabilities on RSU vesting
Tax withholding reference price
$137.93 per share
Price used for 905-share tax-withholding disposition
Shares owned after transactions
5,561 shares
Direct holdings of common stock following June 27, 2026 events
RSU derivative position remaining
0 RSUs
FY2024 RSUs June 2024 award fully converted; no remaining derivative units
Key Terms
Restricted Stock Unit, vested and converted, tax liabilities, tax-withholding disposition, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represented one share of Broadridge common stock and on June 27, 2026 2,509 Restricted Stock Units vested..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vested and converted financial
"2,509 Restricted Stock Units vested and converted into an equal number of shares of common stock."
tax liabilities financial
"Represents the amount of shares withheld to cover tax liabilities upon the vesting of 2,509 Restricted Stock Units..."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Broadridge (BR) CFO Ashima Ghei report in this Form 4?
Broadridge CFO Ashima Ghei reported vesting of 2,509 Restricted Stock Units that converted into the same number of common shares. A portion of these shares was withheld to satisfy tax liabilities tied to the vesting event, a standard equity compensation practice.
How many Broadridge (BR) RSUs vested for the CFO and when?
A total of 2,509 Restricted Stock Units vested for the CFO on June 27, 2026. Each unit represented one share of Broadridge common stock, so 2,509 common shares were issued upon vesting, consistent with the terms of the FY2024 RSUs June 2024 grant.
Were any of the Broadridge (BR) CFO’s transactions open-market buys or sells?
None of the reported transactions were open-market purchases or sales. The Form 4 shows an RSU conversion to common stock and a tax-withholding disposition, both classified as compensation-related and not indicative of discretionary market trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
