We present new explicit realizations of the most general N = 4, d = 1 superconformal symmetry D(2, 1; α) in the models of N = 4 superconformal mechanics based on the reducible multiplets (1, 4, 3) ⊕ (0, 4, 4), (3, 4, 1) ⊕ (0, 4, 4) and (4, 4, 0) ⊕ (0, 4, 4). We start from the manifestly supersymmetric superfield actions for these systems and then descend to the relevant off-and on-shell component actions from which we derive the D(2, 1; α) (super)charges by the Noether procedure. Some peculiarities of these realizations of D(2, 1; α) are discussed. We also construct a new D(2, 1; α) invariant system by joining the multiplets (3, 4, 1) and (4, 4, 0) in such a way that they interact with each other through an extra (0, 4, 4) multiplet. New fermionic conformal couplings appear as the result of elimination of the appropriate auxiliary fields.