Gokey Timothy C 4
Research Summary
AI-generated summary
Broadridge (BR) CEO Timothy C. Gokey Buys 5,300 Shares
What Happened
Timothy C. Gokey, CEO and Director of Broadridge Financial Solutions (BR), purchased 5,300 shares in open-market transactions on March 6, 2026. The weighted-average price reported was $194.49 per share, for a total transaction value of approximately $1,030,794. This was a purchase (insider buy), which many investors view as a positive signal but is not proof of future performance.
Key Details
- Transaction type: Purchase (code P) — open-market purchases under SEC Rule 10b-18.
- Transaction date: 2026-03-06; Form 4 filed 2026-03-09 (filed timely).
- Price reported: weighted average $194.49; actual trade prices ranged $194.13–$195.19 (footnote). The reporting person can provide a per-trade breakdown on request.
- Shares acquired: 5,300; aggregate value ≈ $1,030,794.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: purchases executed in multiple transactions in accordance with Rule 10b-18; weighted avg given with price range disclosed.
Context
This was an outright open-market purchase, not an option exercise, gift, or tax-related withholding. Open-market buys by executives can signal confidence but should be considered alongside other factors (timing, size relative to holdings, company fundamentals).