Form 4: Donnelley Financial Solutions Executive Reports Tax Liability Transaction
SEC Form 4 Filing
Eric J. Johnson, President of GIC at Donnelley Financial Solutions, reports the withholding of shares to cover a tax liability related to vesting restricted stock units.
Summary
- On March 3, 2024, Eric J. Johnson, President of GIC at Donnelley Financial Solutions, had shares withheld to cover a tax liability.
- The transaction involved 4,964 shares of common stock withheld at a price of $64.58 per share.
- Following the transaction, Johnson directly owns 133,849 shares.
- This total includes 97,183 shares held directly, 10,418 restricted stock units, and 26,248 earned performance share units with additional service-based vesting.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates routine tax-related transactions.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Date of transaction (share withholding for tax liability). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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