Broadridge director granted 127 deferred stock units
Duelks Robert N reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Duelks Robert N reported acquisition or exercise transactions in this Form 4 filing.
Broadridge Financial Solutions director Robert N. Duelks received an award of 127 deferred stock units of common stock at no cost under Broadridge's 2018 Omnibus Award Plan, issued in connection with the regular quarterly dividend. These units vest immediately and will settle in shares when he leaves board service. Following this grant, he directly holds 20,942 shares of Broadridge common stock, in addition to indirect holdings through an LLC and family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 127 shares
Grant/Award
4 txns
Insider
Duelks Robert N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 127 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,942 shares (Direct);
Common Stock — 4,474 shares (Indirect, BOMAR II LLC);
Common Stock — 17,000 shares (Indirect, Mary E. Duelks 2020 Irrevocable Trust);
Common Stock — 8,853 shares (Indirect, Robert N. Duelks 2007 Revocable Trust)
Footnotes (1)
- F1. The reported transaction reflects the award of additional Deferred Stock Units under Broadridge's 2018 Omnibus Award Plan in connection with the payment of Broadridge's regular quarterly dividend on the common stock underlying the Deferred Stock Units previously issued. This amount represents a like number of shares of Broadridge common stock. The Deferred Stock Units vest in full upon grant and will settle in shares of Broadridge common stock upon the director's separation from service with Broadridge.
Key Figures
Deferred stock units granted: 127 units
Grant price per share: $0.0000 per share
Direct shares after transaction: 20,942 shares
+3 more
6 metrics
Deferred stock units granted
127 units
Award under 2018 Omnibus Award Plan tied to quarterly dividend
Grant price per share
$0.0000 per share
Director equity award with no cash paid
Direct shares after transaction
20,942 shares
Common stock directly owned by Robert N. Duelks
Indirect shares via BOMAR II LLC
4,474 shares
Common stock held indirectly through BOMAR II LLC
Indirect shares via Mary E. Duelks 2020 Irrevocable Trust
17,000 shares
Common stock held indirectly through family trust
Indirect shares via Robert N. Duelks 2007 Revocable Trust
8,853 shares
Common stock held indirectly through revocable trust
Key Terms
Deferred Stock Units, 2018 Omnibus Award Plan, vest in full upon grant, separation from service
4 terms
Deferred Stock Units financial
"The reported transaction reflects the award of additional Deferred Stock Units under Broadridge's 2018 Omnibus Award Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2018 Omnibus Award Plan financial
"award of additional Deferred Stock Units under Broadridge's 2018 Omnibus Award Plan in connection with the payment of Broadridge's regular quarterly dividend"
vest in full upon grant financial
"The Deferred Stock Units vest in full upon grant and will settle in shares of Broadridge common stock"
separation from service financial
"will settle in shares of Broadridge common stock upon the director's separation from service with Broadridge"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Robert N. Duelks receive in this Broadridge (BR) Form 4 filing?
Robert N. Duelks received an award of 127 deferred stock units of Broadridge common stock. The grant was made at no cost under Broadridge's 2018 Omnibus Award Plan in connection with the payment of the regular quarterly dividend.
How and when do Robert N. Duelks’s Broadridge deferred stock units vest and settle?
The deferred stock units vest in full upon grant, meaning they are immediately earned. They will be settled in shares of Broadridge common stock when Duelks separates from service as a director, providing equity exposure until he leaves the board.
Why were additional deferred stock units granted to Robert N. Duelks by Broadridge (BR)?
The additional 127 deferred stock units were granted in connection with Broadridge's regular quarterly dividend. They adjust the director’s existing deferred stock unit balance so it reflects dividends paid on the underlying common stock previously awarded.
AI-generated analysis. How Rhea-AI works. Not financial advice.
