Deluxe (DLX) CFO logs RSU vesting and tax withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DELUXE CORP (DLX) SVP and CFO William C. Zint reported restricted stock unit vesting and related tax withholding transactions. On February 14–16, 2026, several batches of restricted stock units converted one-for-one into common shares, including 9,607 units converting at a price of $0 per unit.
To cover tax liabilities from these vestings, shares of common stock were withheld and disposed of at $26.21 per share, including 4,279 shares on February 14, 2026. After the most recent transaction, Zint directly owned 45,019 shares of Deluxe common stock. These movements reflect equity compensation vesting and tax withholding, not open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,010 shares exercised/converted
Mixed
9 txns
Insider
Zint William C
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,156 | $0.00 | -- |
| Exercise | Common Stock | 1,156 | $0.00 | -- |
| Tax Withholding | Common Stock | 515 | $26.21 | $13K |
| Exercise | Restricted Stock Unit | 7,247 | $0.00 | -- |
| Exercise | Common Stock | 7,247 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,228 | $26.21 | $85K |
| Exercise | Restricted Stock Unit | 9,607 | $0.00 | -- |
| Exercise | Common Stock | 9,607 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,279 | $26.21 | $112K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 50,194 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. Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-quarter increments on the first four 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.
FAQ
What insider transactions did Deluxe (DLX) CFO William C. Zint report?
William C. Zint reported multiple restricted stock unit vestings that converted into Deluxe common stock, plus share dispositions to cover tax liabilities. These were equity compensation events, not open-market trades, reflecting routine vesting under the company’s stock incentive plan over several days in February 2026.
Were the Deluxe (DLX) CFO’s Form 4 transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They involved restricted stock units converting into common shares at no cost and shares withheld or disposed of at $26.21 per share solely to satisfy tax liabilities associated with those vesting awards.
How do the restricted stock units work in Deluxe (DLX) CFO’s compensation?
Restricted stock units were granted under Deluxe’s stock incentive plan and vest over time. Some awards vest in equal one-third increments over three years, others in one-quarter increments over four years. Upon each vesting date, each unit automatically converts into one share of Deluxe common stock.