Aguilar Luis A 4

What Happened

• Luis A. Aguilar, a director of Donnelley Financial Solutions, received an award of 4,265 restricted stock units (RSUs) on 2026-05-13. The grant has no per-share price listed (N/A) and therefore no immediate cash value reported in the Form 4. This is an equity award (transaction code A), not a purchase or sale.

Key Details

• Transaction date: 2026-05-13; Form 4 filed 2026-05-15 (timely filing).
• Transaction type/code: Grant/Award (RSUs), Code A.
• Shares acquired: 4,265 RSUs (payable in common stock).
• Price: N/A (RSU grant, no purchase price).
• Shares owned after transaction: 38,878 shares held directly and 22,995 RSUs outstanding (18,730 prior RSUs + 4,265 new RSUs) — total economic interest of 61,873 shares if all RSUs convert to shares.
• Footnotes: F1 — RSUs payable in shares on the first anniversary of the grant date or earlier if the director leaves; the director may defer payment until ceasing to be a director. F2 — breakdown of direct holdings and prior RSUs.
• Filing appears timely (reporting period 2026-05-13; filed 2026-05-15).

Context

• RSU grants to directors are standard compensation and do not represent an open-market buy or sell. These units are typically subject to vesting and are not immediately tradable shares until settled.
• For retail investors, note that awards like this are common and primarily reflect compensation, not necessarily an insider signal to buy or sell.