STOCK TITAN

Deluxe (DLX) CFO gains shares and withholds stock to cover RSU taxes

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

Rhea-AI Filing Summary

Deluxe Corp senior vice president and chief financial officer William C. Zint reported equity award activity tied to restricted stock units. On February 19, 2026, 11,198 restricted stock units vested and converted on a one-for-one basis into common shares at no cash exercise price.

To cover tax liabilities from this vesting, 4,988 common shares were withheld at a price of $27.32 per share. After these transactions, Zint directly owned 55,889 shares of Deluxe common stock. The restricted stock units were granted under the company’s stock incentive plan and vest in three equal annual installments, generally contingent on continued employment.

Positive

  • None.

Negative

  • None.
Insider Zint William C
Role SVP, Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 11,198 $0.00 --
Exercise Common Stock 11,198 $0.00 --
Tax Withholding Common Stock 4,988 $27.32 $136K
Holdings After Transaction: Restricted Stock Unit — 22,397 shares (Direct); Common Stock — 60,877 shares (Direct)
Footnotes (1)
  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.
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*
Zint William C

(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)
SVP, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 M 11,198(1) A $0 60,877 D
Common Stock 02/19/2026 F 4,988(2) D $27.32 55,889 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 02/19/2026 M 11,198 02/19/2026(3) 02/19/2028 Common Stock 11,198 $0 22,397 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 02/20/2026
** 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 insider transactions did Deluxe (DLX) report for William C. Zint?

Deluxe reported that CFO William C. Zint had 11,198 restricted stock units vest and convert into common shares. He also had 4,988 shares withheld to satisfy tax liabilities associated with that vesting, all recorded on February 19, 2026.

Did the Deluxe (DLX) CFO buy or sell shares on the open market?

The Deluxe CFO did not report open-market purchases or sales. The filing shows RSU vesting and share conversion, plus 4,988 shares withheld at $27.32 solely to satisfy tax obligations triggered by the vesting event.

How many Deluxe (DLX) shares does the CFO own after these transactions?

Following the RSU vesting, conversion, and tax withholding, CFO William C. Zint directly owns 55,889 shares of Deluxe common stock. This reflects his updated direct holdings after the February 19, 2026 equity award activity.

At what price were shares withheld for Deluxe (DLX) CFO’s RSU taxes?

Shares were withheld at a price of $27.32 per share to cover tax liabilities from the RSU vesting. In total, 4,988 common shares were withheld for this purpose on February 19, 2026, according to the filing footnotes.

How do the Deluxe (DLX) restricted stock units for the CFO vest?

The restricted stock units were granted under Deluxe’s Stock Incentive Plan and vest in three equal one-third installments on each of the first three anniversaries of the grant date. Upon each vesting, one unit converts into one common share, generally requiring continued employment.

What type of Form 4 transactions did Deluxe (DLX) disclose for its CFO?

The filing shows an M-code transaction for exercise or conversion of derivative securities, reflecting RSU vesting, and an F-code transaction, representing shares withheld to pay tax liabilities related to that vesting, rather than discretionary share sales.