Form 4: Donnelley Financial Solutions Executive Sells Shares
SEC Form 4
Eric J. Johnson, President of GIC at Donnelley Financial Solutions, sold 930 shares of common stock at an average price of $59.0099 on June 7, 2024.
Summary
- On June 7, 2024, Eric J. Johnson, President, GIC of Donnelley Financial Solutions, sold 930 shares of common stock.
- The sale was executed at a weighted average price of $59.0099 per share, with individual prices ranging from $59.00 to $59.03.
- Following the transaction, Johnson directly owns 155,095 shares, which includes 117,004 shares held directly, 20,022 restricted stock units, and 18,069 earned performance share units with additional service-based vesting.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. No indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of the stock sale transaction |
| 06/11/2024 | Date of signature on the Form 4 filing |
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