FLOWERS MELVIN L 4

What Happened
Melvin L. Flowers, a director of Broadridge Financial Solutions (BR), was awarded 16 Deferred Stock Units (DSUs) on April 8, 2026. The reported transaction shows 16 shares acquired at $0.00 (total cash consideration $0). This was an award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-08; Form 4 filed 2026-04-09 (timely within reporting window).
• Reported amount: 16 Deferred Stock Units; reported price $0.00; total $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: These DSUs were awarded as dividend-equivalents under Broadridge’s 2018 Omnibus Award Plan in connection with the company’s regular quarterly dividend on underlying DSUs. The DSUs vest in full upon grant and will settle into Broadridge common stock upon the director’s separation from service.
• Transaction type: Award/grant (derivative: deferred stock units), not a sale or purchase of shares on the market.

Context
Dividend-equivalent DSU awards are routine for non-employee directors and reflect the company crediting the equivalent of dividends on previously granted deferred units. They do not require cash payment and typically do not indicate a change in an insider’s view of the company; settlement is deferred until separation from service.