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Deluxe (NYSE: DLX) director RSUs vest and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Deluxe Corp director Thomas Reddin increased his equity stake through stock-based compensation, not open-market trades. On April 23, he received 10,349 shares of common stock upon vesting and one-for-one conversion of previously awarded restricted stock units, bringing his direct common stock holdings to 31,856 shares.

On the same date, he was also granted 5,286 new restricted stock units under Deluxe's Non-Employee Director Stock and Deferral Plan. These units were deferred at his election and will convert into common shares on future dates specified in that plan.

Positive

  • None.

Negative

  • None.
Insider REDDIN THOMAS
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 — 31,856 shares (Direct, null)
Footnotes (1)
  1. Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded. Consists of restricted stock units granted pursuant to the Company's Non-Employee Director Stock and Deferral Plan for which the Director elected to defer vesting pursuant to that Plan. The restricted stock units will convert to shares of Common Stock on deferred dates specified by the director.
RSUs vested 10,349 shares Restricted stock units converted one-for-one into common stock on April 23, 2026
Common shares after vesting 31,856 shares Direct Deluxe common stock holdings following RSU conversion
New RSU grant 5,286 units Restricted stock units granted under Non-Employee Director Stock and Deferral Plan
RSU conversion price $0.00 per unit Reported price for 10,349 vested restricted stock units
New RSU grant price $0.00 per unit Reported price for 5,286 newly granted restricted stock units
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and footnote describing vesting and conversion"
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.
Non-Employee Director Stock and Deferral Plan financial
"Consists of restricted stock units granted pursuant to the Company's Non-Employee Director Stock and Deferral Plan"
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.
deferred vesting financial
"Director elected to defer vesting pursuant to that Plan"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
REDDIN THOMAS
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/23/2026M10,349(1)A$031,856D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$004/23/2026(2)A5,28604/24/202704/24/2027Common Stock5,286$05,286D
Restricted Stock Unit$004/23/2026M10,34904/23/202604/23/2026Common Stock10,349$00D
Explanation of Responses:
1. Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded.
2. Consists of restricted stock units granted pursuant to the Company's Non-Employee Director Stock and Deferral Plan for which the Director elected to defer vesting pursuant to that Plan. The restricted stock units will convert to shares of Common Stock on deferred dates specified by the director.
Remarks:
/s/ Kortney Q. Nordrum, Attorney in Fact04/27/2026
** Signature of Reporting PersonDate
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 Thomas Reddin report?

Thomas Reddin reported equity compensation transactions, not market trades. 10,349 restricted stock units vested into common shares and 5,286 new restricted stock units were granted under Deluxe’s Non-Employee Director Stock and Deferral Plan on April 23, 2026.

Did Thomas Reddin buy or sell Deluxe (DLX) shares on the market?

The Form 4 shows no open-market buys or sells. Reddin acquired 10,349 Deluxe common shares through vesting of restricted stock units and received 5,286 new restricted stock units as a grant, both at a reported price of $0.00 per unit.

How many Deluxe (DLX) shares does Thomas Reddin hold after these transactions?

After the April 23, 2026 vesting, Thomas Reddin directly holds 31,856 shares of Deluxe common stock. This total reflects the addition of 10,349 shares that came from conversion of previously awarded restricted stock units into common stock.

What happened to the 10,349 Deluxe (DLX) restricted stock units mentioned in the filing?

Those 10,349 restricted stock units vested and converted into 10,349 shares of Deluxe common stock on April 23, 2026. A footnote explains this was a one-for-one conversion of units previously awarded to director Thomas Reddin.

What are the terms of the new 5,286 Deluxe (DLX) restricted stock units granted to Reddin?

Reddin received 5,286 restricted stock units at $0.00 under Deluxe’s Non-Employee Director Stock and Deferral Plan. A footnote states he elected to defer vesting, and these units will convert into common stock on deferred dates he specified in advance.