Deluxe Corp (NYSE: DLX) awards 3,687 RSUs to Data Solutions head
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Deluxe Corp reported that officer Kristopher D. Lazzaretti, President, Data Solutions, acquired 3,687 restricted stock units on February 9, 2026 as an equity award. The units were valued at $27.12 per unit for reporting purposes and are held as a derivative security.
The restricted stock units vest in equal one-third installments on each of the first three anniversaries of the grant date. Upon vesting, each unit converts into one share of Deluxe common stock, and vesting generally requires continued employment, subject to certain exceptions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lazzaretti Kristopher D
Role
President, Data Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,687 | $27.12 | $100K |
Holdings After Transaction:
Restricted Stock Unit — 3,687 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did the Form 4 filing disclose for Deluxe Corp (DLX)?
The Form 4 shows a grant of 3,687 restricted stock units to Kristopher D. Lazzaretti. These units were awarded under Deluxe Corp’s stock incentive plan and convert into common shares over time, reflecting stock-based compensation rather than an open-market stock purchase or sale.
Who received equity awards in the latest Deluxe Corp (DLX) Form 4?
Kristopher D. Lazzaretti, President, Data Solutions at Deluxe Corp, received 3,687 restricted stock units. The award is reported as a derivative security held directly, representing part of his compensation package and aligning his incentives with future Deluxe common stock performance and service continuity.
How many restricted stock units were granted in this Deluxe Corp (DLX) filing?
The filing reports a grant of 3,687 restricted stock units to the executive. These units were reported at a reference price of $27.12 each and will convert into an equal number of Deluxe common shares as they vest over a three-year schedule, subject to employment conditions.
What is the vesting schedule for the Deluxe Corp (DLX) restricted stock units?
The 3,687 restricted stock units vest in three equal annual installments. Each one-third portion vests on the first, second, and third anniversaries of the February 9, 2026 grant date, and each vested unit converts into one Deluxe common share, assuming continued employment, subject to certain exceptions.
Are the Deluxe Corp (DLX) restricted stock units tied to continued employment?
Yes, vesting of the restricted stock units is generally contingent on continued employment. Subject to certain exceptions, the units vest in three equal annual tranches, and only upon vesting does each unit convert into one share of Deluxe common stock for the reporting executive.
Is this Deluxe Corp (DLX) Form 4 a stock purchase or a compensation grant?
This Form 4 reflects a compensation grant, not an open-market stock purchase. The transaction code shows an acquisition of 3,687 restricted stock units as a grant or award under Deluxe Corp’s stock incentive plan, with future conversion into common stock upon scheduled vesting.