Deluxe (NYSE: DLX) insider receives 6,279 shares from RSUs
Rhea-AI Filing Summary
DELUXE CORP (DLX) reported that director Michelle T Collins exercised previously awarded restricted stock units. On 2026-08-20, 6,279 Restricted Stock Units vested and were converted on a one-for-one basis into 6,279 shares of Common Stock, all held directly. The corresponding derivative RSU position reported in this filing was reduced to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,279 shares
Net Buy
2 txns
Insider
Collins Michelle T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 6,279 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,279 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 6,279 shares (Direct)
Footnotes (1)
- F1. Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded.
Key Figures
RSUs Exercised: 6,279 units
Shares Acquired: 6,279 shares
Exercise/Conversion Price: $0.00 per share
+2 more
5 metrics
RSUs Exercised
6,279 units
Restricted Stock Units vested and converted on 2026-08-20
Shares Acquired
6,279 shares
Common Stock received from RSU conversion on 2026-08-20
Exercise/Conversion Price
$0.00 per share
Stated price for the RSU-to-Common Stock conversion
Common Shares Held After Transaction
6,279 shares
Direct ownership position reported following the RSU conversion
RSUs Remaining After Transaction
0 units
Restricted Stock Units of this award following vesting and conversion
Key Terms
Restricted Stock Unit, derivative security, vesting
3 terms
Restricted Stock Unit financial
"Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"Transaction reflects vesting and conversion into shares on a one-for-one basis"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Michelle T Collins report for DLX on August 20, 2026?
Michelle T Collins reported the vesting and conversion of 6,279 RSUs into 6,279 shares of Deluxe Corp Common Stock on August 20, 2026, reflecting an exercise of a derivative award rather than an open-market purchase or sale.
How many Deluxe Corp (DLX) restricted stock units vested for Michelle T Collins?
A total of 6,279 Restricted Stock Units vested for Michelle T Collins. These RSUs were converted on a one-for-one basis into 6,279 shares of Deluxe Corp Common Stock as disclosed in the Form 4 footnote.
How were the Deluxe Corp (DLX) restricted stock units converted in Michelle T Collins’ Form 4?
The restricted stock units were converted on a one-for-one basis into common shares. Specifically, 6,279 RSUs converted into 6,279 Deluxe Corp Common Shares at a stated per-share exercise/conversion price of $0.00 according to the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.