Deluxe Corp (DLX) CEO reports new stock awards and RSU grant

Rhea-AI Filing Summary

Deluxe Corp’s President and CEO Barry C. McCarthy reported equity compensation transactions on common stock and restricted stock units dated February 9, 2026.

He acquired 204,386 shares of common stock at $27.80 per share in connection with the settlement of performance share units that vested based on specified performance targets. To cover related tax liabilities, 100,757 common shares were disposed of at $27.80 through share withholding, leaving 376,480 common shares owned directly.

McCarthy also received a grant of 113,385 restricted stock units valued at an exercise price of $27.12. These RSUs were awarded under the company’s stock incentive plan and vest in three equal annual installments from February 9, 2027 through February 9, 2029, contingent on continued employment, with each vested unit converting into one share of common stock.

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^*

McCarthy Barry 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

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
Common Stock	02/09/2026		A		204,386(1)	A	$27.8	477,237	D
Common Stock	02/09/2026		F		100,757(2)	D	$27.8	376,480	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	02/09/2026		A		113,385(3)		02/09/2027	02/09/2029	Common Stock	113,385	$27.12	113,385	D

Explanation of Responses:

1. Reflects shares issued in connection with the settlement of performance share units that were determined to vest based on the level of achievement of the specified performance targets.

2. Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting and granting of performance share 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	02/11/2026
	** 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).
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FAQ

What did Deluxe Corp (DLX) CEO Barry McCarthy report in this Form 4?

Barry C. McCarthy reported equity compensation activity, including new common shares from vested performance share units and a fresh restricted stock unit grant. The filing also shows tax-related share withholding and his updated direct ownership in Deluxe Corp common stock.

How many Deluxe Corp common shares did the CEO acquire on February 9, 2026?

Barry McCarthy acquired 204,386 Deluxe Corp common shares on February 9, 2026, at $27.80 per share. These shares were issued upon settlement of performance share units that vested based on achieving specified performance targets, increasing his direct equity stake before tax-related withholdings.

Why were 100,757 Deluxe Corp shares disposed of in this insider filing?

The 100,757 Deluxe Corp shares were withheld to satisfy tax liabilities tied to the vesting and granting of performance share units. Instead of paying taxes in cash, shares were surrendered, reducing the CEO’s post-transaction direct common stock position to 376,480 shares.

What are the terms of the 113,385 restricted stock units granted to the Deluxe Corp CEO?

The CEO received 113,385 restricted stock units with a stated exercise price of $27.12. These RSUs vest in three equal one-third installments on the first, second, and third anniversaries of the February 9, 2026 grant date, contingent on continued employment with Deluxe Corp.

When will Barry McCarthy’s new Deluxe Corp RSUs fully vest?

The 113,385 restricted stock units granted to Barry McCarthy will vest over three years. They vest in equal one-third increments on February 9, 2027, February 9, 2028, and February 9, 2029, after which each vested unit converts into one Deluxe Corp common share.

How many Deluxe Corp common shares does the CEO own after these transactions?

After the February 9, 2026 transactions, Barry McCarthy directly owns 376,480 Deluxe Corp common shares. This figure reflects common shares issued from vested performance share units, net of the 100,757 shares withheld to cover associated tax liabilities on the equity awards.