Deluxe (DLX) CTO gains shares from RSU vesting, withholds stock for tax
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
15,192 shares exercised/converted
Mixed
6 txns
Insider
Jeyaprakasam Yogaraj
Role
Chief Tech. & Digital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,673 | $0.00 | -- |
| Exercise | Common Stock | 7,673 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,111 | $26.21 | $82K |
| Exercise | Restricted Stock Unit | 7,519 | $0.00 | -- |
| Exercise | Common Stock | 7,519 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,049 | $26.21 | $80K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 95,820.06 shares (Direct)
Footnotes (1)
- Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded. Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock units. 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.