keller brett 4
4 · BROADRIDGE FINANCIAL SOLUTIONS, INC. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Broadridge Director Brett Keller Receives Stock Award (Deferred Units)
What Happened
Brett Keller, a director of Broadridge Financial Solutions (BR), was awarded a total of 80 Deferred Stock Units (54 + 26) on April 8, 2026. Both awards were reported as grants (transaction code A) at $0.00 per share (they are dividend-equivalent units, not cash purchases), so the reported dollar value is $0. These Deferred Stock Units vest in full upon grant and will convert into Broadridge common stock when the director separates from service.
Key Details
- Transaction date: 2026-04-08; Form 4 filed 2026-04-09 (timely; within typical Form 4 reporting window).
- Award details: 54 DSUs (F1) and 26 DSUs (F2), total = 80 DSUs; reported price $0.00 (awarded, not purchased).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1 — 54 DSUs awarded as dividend equivalents on previously issued Deferred Stock Units; vest in full and settle to shares on separation.
- F2 — 26 DSUs awarded as dividend equivalents on DSUs issued in lieu of cash under the Director Deferred Compensation Program (DCUs); vest in full and settle to shares beginning at separation.
- Transaction type: Award/Grant (A). No sale or open‑market purchase occurred.
Context
Deferred Stock Units (DSUs/DCUs) are commonly used for director compensation and represent a right to receive shares later (often at termination or retirement). These awards do not reflect an open‑market purchase or sale by the director and are typically routine dividend-equivalent compensation rather than a direct signal of insider buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-08+54→ 16,942 total - Award
Common Stock
[F2]2026-04-08+26→ 16,968 total
Footnotes (2)
- [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.
- [F2]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 in lieu of cash compensation under the Director Deferred Compensation Program (the "DCUs"). This amount represents a like number of shares of Broadridge common stock. The DCUs vest in full upon grant and will settle in shares of Broadridge common stock commencing with the director's separation from service with Broadridge.