Form 4: Donnelley Financial Solutions Director Gary Greenfield Reports Acquisition of Common Stock

Director Gary Greenfield acquired 2,790 shares of Donnelley Financial Solutions common stock on May 15, 2024, and holds a total of 71,251 shares.

Summary

• On May 15, 2024, Gary Greenfield, a director of Donnelley Financial Solutions, Inc. (DFIN), acquired 2,790 shares of common stock.
• The acquisition was made under a Rule 16b-3 plan, involving restricted stock units (RSUs).
• These RSUs are payable in common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, whichever is earlier.
• Greenfield directly owns 58,247 shares and 13,004 restricted stock units, totaling 71,251 shares after the transaction.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The director's acquisition of shares could be interpreted positively, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder confidence.

Key Dates