S&P500 Fintech CEO Acquires $1 Million in Company Shares

Broadridge Financial Solutions, Inc. (NASDAQ: BR) CEO Timothy C. Gokey purchased 5,300 shares of the company’s common stock in open‐market transactions on March 6, at an average price of $194.49 per share, for a total investment of approximately $1.03 million (roughly KRW 1.5 billion).

These purchases were executed in multiple trades at prices ranging from $194.13 to $195.19 per share under SEC Rule 10b-18. Following the transactions, Gokey’s direct holdings increased to 142,876 shares, valued at about $27.6 million (approximately KRW 400 billion) based on public disclosures.

In early February, Broadridge reported its second-quarter results for fiscal 2026, delivering year-over-year increases in net income and earnings per share that beat market expectations, and subsequently raised its full-year 2026 guidance.

However, by the end of March the stock endured a nine-day losing streak, falling about 12% cumulatively and underscoring near-term volatility.

Headquartered in New York and a member of the S&P 500, Broadridge is a financial technology firm providing proxy voting, shareholder communications, and securities processing solutions to global banks, broker-dealers, and asset managers. Founded in 2007 as a spin-off from ADP’s brokerage services division, the company has since built a de facto monopoly in proxy voting and shareholder communication infrastructure.