Form 4: Donnelley Financial Solutions Director Jeffrey Jacobowitz Sells Shares

Director Jeffrey Jacobowitz reports selling shares of Donnelley Financial Solutions (DFIN) between June 6 and June 10, 2024.

Summary

• Jeffrey Jacobowitz, a director of Donnelley Financial Solutions, reported the sale of common stock between June 6 and June 10, 2024.
• The sales were executed at varying prices, with weighted average sale prices reported for each transaction date.
• On June 6, 2024, 54,035 shares were sold at a weighted average price of $59.9172, and 800 shares were sold at a weighted average price of $60.9581.
• On June 7, 2024, 15,677 shares were sold at a weighted average price of $58.5714, and 200 shares were sold at $59.46.
• On June 10, 2024, 45,468 shares were sold at a weighted average price of $57.5978.
• Following these transactions, the reporting person indirectly beneficially owns 1,276,805 shares.
• The reporting person also directly owns 49,092 shares, including 13,004 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock sales, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock sales by a company insider, which is a common occurrence in the financial industry.

Stakeholder Impact

• The stock sales by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates