STOCK TITAN

Deluxe (DLX) CTO gains shares from RSU vesting, withholds stock for tax

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

Rhea-AI Filing Summary

Deluxe Corp's Chief Technology & Digital Officer, Jeyaprakasam Yogaraj, reported equity award activity involving restricted stock units (RSUs) and common stock. On February 14 and 15, 2026, RSUs previously granted under the company’s stock incentive plan vested and converted one-for-one into a total of 15,192 shares of common stock.

In connection with these vestings, a total of 6,160 shares of common stock were withheld at $26.21 per share to satisfy tax liabilities, described as payment of tax obligations by delivering shares rather than an open-market sale. After these transactions, Yogaraj directly holds about 92,709 shares of Deluxe common stock.

Positive

  • None.

Negative

  • None.
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*
Jeyaprakasam Yogaraj

(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)
Chief Tech. & Digital Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026
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
Common Stock 02/14/2026 M 7,519(1) A $0 91,196.06 D
Common Stock 02/14/2026 F 3,049(2) D $26.21 88,147.06 D
Common Stock 02/15/2026 M 7,673(1) A $0 95,820.06 D
Common Stock 02/15/2026 F 3,111(2) D $26.21 92,709.06 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $0 02/14/2026 M 7,519 (3) 02/14/2027 Common Stock 7,519 $0 7,519 D
Restricted Stock Unit $0 02/15/2026 M 7,673 (3) 02/15/2026 Common Stock 7,673 $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. Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock units.
3. 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 02/18/2026
** 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.
Deluxe Corp

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1.23B
44.03M
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Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work
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United States
MINNEAPOLIS