Daniel Leib - Nov 9, 2023 Form 4 Insider Report for Donnelley Financial Solutions, Inc. (DFIN)

Role: Chief Executive Officer, Director
Signature: Jennifer Reiners, pursuant to power of attorney
Stock symbol: DFIN
Transactions as of: Nov 9, 2023
Transactions value $: -$2,140,541
Form type: 4
Date filed: 11/13/2023, 05:34 PM
Previous filing: Mar 10, 2023
Next filing: Dec 15, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DFIN	Common Stock	Sale	-$1.07M	-20.2K	-3.32%	$52.90	587K	Nov 9, 2023	Direct	F1, F2
transaction	DFIN	Common Stock	Sale	-$217K	-4.05K	-0.69%	$53.73	583K	Nov 9, 2023	Direct	F1, F3
transaction	DFIN	Common Stock	Sale	-$214K	-4K	-0.69%	$53.39	579K	Nov 10, 2023	Direct	F1, F4
transaction	DFIN	Common Stock	Sale	-$330K	-6.07K	-1.05%	$54.33	573K	Nov 10, 2023	Direct	F1, F5
transaction	DFIN	Common Stock	Sale	-$188K	-3.44K	-0.6%	$54.54	570K	Nov 13, 2023	Direct	F1, F6
transaction	DFIN	Common Stock	Sale	-$124K	-2.24K	-0.39%	$55.06	567K	Nov 13, 2023	Direct	F1, F7, F8

Showing 1 to 6 of 6 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2023.
F2	The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $52.58 to $53.57 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F3	The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $53.58 to $54.39 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F4	The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $52.89 to $53.86 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F5	The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $53.89 to $54.51 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F6	The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $53.88 to $54.87 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F7	The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $54.90 to $55.15 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F8	Includes 368,068 shares held directly, 85,255 restricted stock unit, and 114,151 earned performance share units with additional service-based vesting.