Form 4: Donnelley Financial Solutions CFO David Gardella Sells 3,000 Shares

David Gardella, CFO of Donnelley Financial Solutions, sold 3,000 shares of common stock at an average price of $62.6817 on December 17, 2024.

Summary

• On December 17, 2024, David A. Gardella, the Chief Financial Officer of Donnelley Financial Solutions, Inc. (DFIN), sold 3,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $62.6817 per share, with individual prices ranging from $62.49 to $62.83.
• Following the transaction, Gardella directly owns 197,406 shares, which includes 142,942 shares held directly, 27,730 restricted stock units, and 26,734 earned performance share units with additional service-based vesting.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Insider sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.

Stakeholder Impact

• The sale of shares by a high-ranking executive could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates