Deluxe Corp (NYSE: DLX) awards 3,687 RSUs to Data Solutions head

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.

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

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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^*

Lazzaretti Kristopher D

(Last) (First) (Middle)

801 MARQUETTE AVE. S.

(Street)

MINNEAPOLIS MN 55402

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Data Solutions

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	$0	02/09/2026		A		3,687(1)		02/09/2027	02/09/2029	Common Stock	3,687	$27.12	3,687	D

Explanation of Responses:

1. Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-third increments on the first three anniversaries of date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment.

Remarks:

	/s/ Kortney Q. Nordrum, Attorney in Fact	02/11/2026
	** 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.

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.