BR Form 4: President exercised options at $198.30, sold at $262.72 avg

Rhea-AI Filing Summary

Christopher John Perry, identified as an officer (President) of Broadridge Financial Solutions, Inc. (BR), reported transactions dated 08/12/2025. The filing shows an acquisition and a sale of common stock on that date: Mr. Perry acquired 7,480 shares (reported as an acquisition) at a reported price of $198.3 per share and concurrently sold 7,036 shares at a weighted-average price of $262.7194 per share, with individual sale prices ranging from $262.150 to $263.185 per the footnote. Following the acquisition line, beneficial ownership is reported as 55,848.521 shares; following the sale line, beneficial ownership is reported as 48,812.521 shares. Table II confirms the exercise-related activity: a stock option transaction showing 7,480 underlying shares acquired and 22,441 derivative securities held following the reported transactions. The Form 4 was signed under power of attorney by Maria Allen on 08/12/2025.

Positive

• Exercise realized value: Options exercised at $198.3 were followed by sales at a weighted-average of $262.7194, indicating a positive per-share spread.
• Disclosure completeness: Footnote provides explicit sale price range ($262.150–$263.185) and offers to provide per-trade details, improving transparency.
• Continued stake: Reporting person continues to hold substantial positions—reported beneficial ownership lines show 48,812.521 direct shares and 22,441 derivative securities after the transactions.

Negative

• Insider sale: The President sold 7,036 shares on 08/12/2025, which may be interpreted by some investors as reducing insider-held common stock.

Insights

Securities Analyst

TL;DR: Officer exercised options to acquire 7,480 shares and sold 7,036 shares the same day, realizing proceeds above the exercise price.

The filing documents a same-day exercise and partial disposition: options with a reported conversion/exercise price of $198.3 were used to acquire 7,480 shares, and 7,036 shares were sold at a weighted-average of $262.7194. The sale price range is explicitly $262.150–$263.185, producing a clear per-share spread versus the reported exercise price. Beneficial ownership figures move from 55,848.521 to 48,812.521 across the reported lines, and 22,441 derivative securities remain after the transactions. For investors, this is a liquidity/monetization event by an insider rather than a novel corporate development.

Corporate Governance Expert

TL;DR: Routine insider option exercise and partial sale by the President; disclosure is clear and includes sale-price range and POA signature.

The Form 4 provides the necessary disclosures: transaction codes, exact share counts, weighted-average sale price, and a footnote detailing the sale price range with an offer to provide per-trade detail on request. The form is executed by a power of attorney (Maria Allen). There is no other governance or regulatory event disclosed. This appears consistent with standard insider exercises followed by asset monetization, with full Form 4 transparency.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

PERRY CHRISTOPHER JOHN

(Last) (First) (Middle)

5 DAKOTA DRIVE

(Street)

LAKE SUCCESS NY 11042

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BROADRIDGE FINANCIAL SOLUTIONS, INC. [ BR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/12/2025		M		7,480	A	$198.3	55,848.521	D
Common Stock	08/12/2025		S		7,036	D	$262.7194(1)	48,812.521	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$198.3	08/12/2025		M			7,480	02/15/2025	02/15/2034	Common Stock	7,480	$0.0000	22,441	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.150 - $263-185, 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.

	Maria Allen, Power of Attorney	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Broadridge (BR) insider Christopher Perry report on 08/12/2025?

The Form 4 shows an acquisition of 7,480 common shares and a sale of 7,036 common shares, both dated 08/12/2025.

At what price were the shares acquired and sold in the Form 4 for BR?

The acquisition is reported at $198.3 per share; the sale was at a weighted-average price of $262.7194 per share, with sale prices ranging $262.150–$263.185.

How many options or derivative securities does the reporting person hold after the transactions?

Table II reports 22,441 derivative securities (stock options) beneficially owned following the reported transactions.

How did beneficial ownership change after the reported transactions?

The filing shows beneficial ownership figures of 55,848.521 shares after the acquisition line and 48,812.521 shares after the sale line.

Who signed the Form 4 for Christopher Perry?

The Form 4 indicates it was signed under power of attorney by Maria Allen on 08/12/2025.