Donnelley Financial Solutions, Inc. Files Definitive Proxy Statement
Ticker: DFIN · Form: DEF 14A · Filed: Apr 3, 2024 · CIK: 1669811
Sentiment: neutral
Topics: proxy statement, executive compensation, corporate governance, shareholder meeting, DEF 14A
TL;DR
<b>Donnelley Financial Solutions, Inc. has filed its Definitive Proxy Statement for the upcoming shareholder meeting.</b>
AI Summary
Donnelley Financial Solutions, Inc. (DFIN) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. Donnelley Financial Solutions, Inc. filed a DEF 14A on April 3, 2024. The filing covers the period ending May 15, 2024. The company's fiscal year ends on December 31. Incorporated in Delaware, with principal offices in Chicago, IL. The filing includes detailed executive compensation data for fiscal years 2020-2023.
Why It Matters
For investors and stakeholders tracking Donnelley Financial Solutions, Inc., this filing contains several important signals. This DEF 14A filing is crucial for shareholders to understand executive compensation, board nominations, and other corporate governance matters before voting. The detailed breakdown of compensation components, including equity awards and pension values, provides transparency into how executive pay is structured and awarded.
Risk Assessment
Risk Level: low — Donnelley Financial Solutions, Inc. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic changes that would inherently increase risk.
Analyst Insight
Shareholders should review the executive compensation details and board proposals to make informed voting decisions.
Key Numbers
- 2024-04-03 — Filing Date (DEF 14A Filing Date)
- 2024-05-15 — Period of Report (DEF 14A Conformed Period of Report)
- 2023-12-31 — Fiscal Year End (Company Fiscal Year End)
- 001-37728 — SEC File Number (DEF 14A SEC File Number)
Key Players & Entities
- Donnelley Financial Solutions, Inc. (company) — Filer
- 35 WEST WACKER DRIVE (location) — Business Address
- CHICAGO (location) — Business Address City
- IL (location) — Business Address State
- DE (location) — State of Incorporation
FAQ
When did Donnelley Financial Solutions, Inc. file this DEF 14A?
Donnelley Financial Solutions, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 3, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Donnelley Financial Solutions, Inc. (DFIN).
Where can I read the original DEF 14A filing from Donnelley Financial Solutions, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Donnelley Financial Solutions, Inc..
What are the key takeaways from Donnelley Financial Solutions, Inc.'s DEF 14A?
Donnelley Financial Solutions, Inc. filed this DEF 14A on April 3, 2024. Key takeaways: Donnelley Financial Solutions, Inc. filed a DEF 14A on April 3, 2024.. The filing covers the period ending May 15, 2024.. The company's fiscal year ends on December 31..
Is Donnelley Financial Solutions, Inc. a risky investment based on this filing?
Based on this DEF 14A, Donnelley Financial Solutions, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic changes that would inherently increase risk.
What should investors do after reading Donnelley Financial Solutions, Inc.'s DEF 14A?
Shareholders should review the executive compensation details and board proposals to make informed voting decisions. The overall sentiment from this filing is neutral.
How does Donnelley Financial Solutions, Inc. compare to its industry peers?
Donnelley Financial Solutions operates in the business services sector, providing essential solutions for financial markets.
Are there regulatory concerns for Donnelley Financial Solutions, Inc.?
The filing is a standard proxy statement (DEF 14A) required by the SEC for public companies to disclose information related to shareholder meetings.
Industry Context
Donnelley Financial Solutions operates in the business services sector, providing essential solutions for financial markets.
Regulatory Implications
The filing is a standard proxy statement (DEF 14A) required by the SEC for public companies to disclose information related to shareholder meetings.
What Investors Should Do
- Review the detailed executive compensation tables for named executive officers.
- Analyze proposals related to director elections and any other shareholder-proposed items.
- Understand the company's approach to corporate governance as outlined in the proxy statement.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure for annual shareholder meetings and does not represent a change from previous filings of the same type.
Filing Stats: 4,419 words · 18 min read · ~15 pages · Grade level 13.8 · Accepted 2024-04-03 08:01:26
Key Financial Figures
- $150 million — ases resulting in the approval of a new $150 million stock repurchase program that replaced
- $30 billion — g the allocation and management of over $30 billion in assets across nine fund strategies f
Filing Documents
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- 0001193125-24-085461.txt ( ) — 8795KB
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Executive Compensation Governance Best Practices
Executive Compensation Governance Best Practices 25 2023 Say-On-Pay Vote 25 How We Determine Executive Compensation 26 Our Executive Compensation Philosophy and Objectives 26 Oversight Responsibilities for Executive Compensation 26 Peer Group Selection and Market Data 27 2023 Named Executive Officer Compensation 28 Base Salary 28 Annual Incentive Plan (AIP) 28 Corporate Financial Goals 29 Corporate Strategic Initiatives 29 Individual Performance Factor 29 Determination of 2023 Annual Cash Incentive Awards 30 Long-Term Incentive Program 30 2023 Long-Term Incentive Awards 31 Performance Share Unit Awards 31 Long-Term Incentive Award Payouts in 2023 32 2021 PSU Payout by NEO 33 2022 and 2023 PSU Interim Performance Period Certification 33 Other Compensation And Governance Matters 34 Benefit Programs 34 Independence Assessment of Compensation Consultant 35 Corporate Governance Policies 35 Risk Assessment 36 Compensation Committee Report 37
Executive Compensation Tables
Executive Compensation Tables 38 2023 Summary Compensation Table 38 2023 Grants of Plan-Based Awards 40 Grants of Plan-Based Awards Table 40 Outstanding Equity Awards at 2023 Fiscal Year-End 41 Outstanding Equity Awards at Fiscal Year-End Table 41 Option Exercises and Stock Vested Table 42 Pension Benefits 42 2023 Pension Benefits Table 43 Nonqualified Deferred Compensation 43 2023 Nonqualified Deferred Compensation Table 44 Potential Payments Upon Termination or Change in Control 45 General Terms Under Mr. Leib's Employment Agreement Or The Executive Severance Plan 45 Potential Payment Obligations Upon Termination Of Employment Of An NEO Or Upon A Change In Control 46 2023 Pay Ratio Disclosure 53 Pay Versus Performance 54 Director Compensation 58 Cash Retainer 58 Equity Retainer 58 2023 Non-Employee Director Compensation Table 59 Certain Transactions 60 Section 16(a) Beneficial Ownership Reporting Compliance 60 Report of the Audit Committee 61 The Company's Independent Registered Public Accounting Firm 62 Submitting Stockholder Proposals and Nominations for 2025 Annual Meeting 63 Discretionary Voting of Proxies on Other Matters 63 Questions and Answers About How to Vote Your Proxy 64 Voting Instructions and Rules 64 Appendix A A-1 This proxy statement is issued by Donnelley Financial Solutions, Inc. in connection with the 2024 Annual Meeting of Stockholders scheduled for May 15, 2024. This proxy statement and accompanying proxy card are first being made available to stockholders on or about April 3, 2024. DFIN 2024 Proxy Statement Table of Contents Proposals Proposal 1: Election of Directors Each director will serve until the next annual meeting of stockholders and until a successor is elected and qualified, or until such director's earlier resignation, removal, or death. Our by-laws (the Bylaws) provide that directors are elected to the Boa