Form 4: Donnelley Financial Solutions Officer Kami Turner Reports Tax Liability Stock Disposal
SEC Form 4 Filing
Kami Turner, Chief Accounting Officer of Donnelley Financial Solutions, disposed of 1,608 shares of common stock on March 3, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On March 3, 2024, Kami Turner, the Chief Accounting Officer of Donnelley Financial Solutions, disposed of 1,608 shares of common stock.
- The transaction was executed to cover tax liabilities associated with the vesting of restricted stock units.
- The shares were sold at a price of $64.58 per share.
- Following the transaction, Turner directly owns 39,504 shares, which includes 27,848 shares held directly, 2,677 restricted stock units, and 8,979 earned performance share units with additional service-based vesting.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock. This filing indicates a routine transaction related to tax obligations from vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Date of stock disposal transaction. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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