Form 4: Donnelley Financial Solutions Director Lois Martin Reports Acquisition of Restricted Stock Units

Director Lois Martin reports acquisition of 2,790 restricted stock units in Donnelley Financial Solutions, increasing total holdings to 69,431 shares.

Summary

• On May 15, 2024, Lois Martin, a director of Donnelley Financial Solutions, Inc. (DFIN), acquired 2,790 shares of common stock in the form of restricted stock units (RSUs).
• These RSUs were granted under a Rule 16b-3 plan and 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, whichever is earlier.
• Martin's total holdings following the transaction amount to 69,431 shares, including 56,427 shares held directly and 13,004 restricted stock units.
• A Power of Attorney was executed on November 14, 2023, granting authority to Leah Trzcinski, David A. Gardella, and William Zola to act on Martin's behalf for SEC filings.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing indicating insider transactions. The acquisition of shares by a director can be seen as a mildly positive sign.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

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

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates