Deluxe (DLX) director Garcia nets 10,349 shares, granted 5,286 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Deluxe Corp director Paul R. Garcia reported compensation-related equity activity. Restricted stock units previously awarded vested and converted one-for-one into 10,349 shares of common stock, bringing his direct holdings to 41,577 shares. He also received a new grant of 5,286 restricted stock units that are scheduled to vest on the date of Deluxe’s 2027 annual shareholder meeting, which is expected to be April 22, 2027. These transactions reflect equity compensation vesting and grants rather than open-market buying or selling.

Insider Trade Summary

10,349 shares exercised/converted

Mixed 3 txns

Insider GARCIA PAUL R

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	5,286	$0.00	--
Exercise	Restricted Stock Unit	10,349	$0.00	--
Exercise	Common Stock	10,349	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 5,286 shares (Direct, null); Common Stock — 41,577 shares (Direct, null)

Footnotes (1)

Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded. Restricted stock units vest on the date of our 2027 annual shareholder meeting, which is expected to be April 22, 2027.

Key Figures

RSUs converted to shares: 10,349 shares Shares held after transaction: 41,577 shares New RSU grant: 5,286 RSUs +1 more

4 metrics

RSUs converted to shares 10,349 shares Restricted stock units vested and converted one-for-one into common stock

Shares held after transaction 41,577 shares Direct Deluxe common stock holdings following RSU vesting

New RSU grant 5,286 RSUs Restricted stock units granted on April 23, 2026

RSU vesting date April 22, 2027 Expected date of 2027 annual shareholder meeting when new RSUs vest

Key Terms

Restricted Stock Unit, vesting, annual shareholder meeting

3 terms

Restricted Stock Unit financial

"security_title": "Restricted Stock Unit""

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.

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.

annual shareholder meeting financial

"vest on the date of our 2027 annual shareholder meeting, which is expected"

A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.

Form 4 Insider Transactions: What Each Field Means →

04/27/2026 - 10:39 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

GARCIA PAUL R

(Last)

(First)

(Middle)

801 MARQUETTE AVE. S.

(Street)

MINNEAPOLIS

MINNESOTA

55402

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DELUXE CORP [ DLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/23/2026		M		10,349⁽¹⁾	A	$0	41,577	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$0	04/23/2026⁽²⁾		A		5,286		04/24/2027	04/24/2027	Common Stock	5,286	$0	5,286	D
Restricted Stock Unit	$0	04/23/2026		M			10,349	04/23/2026	04/23/2026	Common Stock	10,349	$0	0	D

Explanation of Responses:

1. Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded.

2. Restricted stock units vest on the date of our 2027 annual shareholder meeting, which is expected to be April 22, 2027.

Remarks:

	/s/ Kortney Q. Nordrum, Attorney in Fact	04/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Deluxe (DLX) director Paul R. Garcia report?

Paul R. Garcia reported equity compensation activity, not market trades. Previously awarded restricted stock units vested and converted into 10,349 Deluxe common shares, and he also received a new grant of 5,286 restricted stock units tied to the company’s 2027 annual shareholder meeting.

How many Deluxe (DLX) shares does Paul R. Garcia hold after this Form 4?

After the vesting and conversion, Paul R. Garcia directly holds 41,577 shares of Deluxe common stock. This total reflects the addition of 10,349 newly issued shares from vested restricted stock units, with no reported open-market purchases or sales in this filing.

What restricted stock unit grant did Paul R. Garcia receive from Deluxe (DLX)?

Garcia received a grant of 5,286 restricted stock units, each linked one-for-one to Deluxe common stock. These units represent additional deferred equity compensation and increase his derivative holdings, subject to vesting at the company’s 2027 annual shareholder meeting, as disclosed in the filing footnotes.

When do Paul R. Garcia’s new Deluxe (DLX) restricted stock units vest?

The 5,286 newly granted restricted stock units are scheduled to vest on the date of Deluxe’s 2027 annual shareholder meeting. That meeting is expected to occur on April 22, 2027, aligning vesting with shareholder approval and governance timelines described in the filing’s footnotes.

Does this Deluxe (DLX) Form 4 show any insider buying or selling in the market?

The Form 4 does not show open-market buying or selling. Instead, it records vesting and conversion of 10,349 restricted stock units into common shares and a new award of 5,286 restricted stock units, all structured as equity compensation events rather than discretionary market trades.