Deluxe (NYSE: DLX) director nets 10,349 shares and 5,286 RSUs

Rhea-AI Filing Summary

DELUXE CORP director Morgan M. Schuessler reported compensation-related equity activity. On April 23, 2026, restricted stock units previously awarded vested and were converted one-for-one into 10,349 shares of common stock, leaving him with 10,349 directly held shares.

He also received a new grant of 5,286 restricted stock units tied to an equal number of underlying common shares. These new units are scheduled to vest on the date of Deluxe’s 2027 annual shareholder meeting, which is expected to be April 22, 2027. The transactions involved no open-market buying or selling.

Insider Trade Summary

10,349 shares exercised/converted

Mixed 3 txns

Insider Schuessler Morgan M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	5,286	$0.00	--
Exercise	Restricted Stock Unit	10,349	$0.00	--
Exercise	Common Stock	10,349	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 5,286 shares (Direct, null); Common Stock — 10,349 shares (Direct, null)

Footnotes (1)

1. Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded. Restricted stock units vest on the date of our 2027 annual shareholder meeting, which is expected to be April 22, 2027.

Key Figures

Shares from RSU vesting: 10,349 shares New RSU grant: 5,286 RSUs Shares held after transaction: 10,349 shares +1 more

4 metrics

Shares from RSU vesting 10,349 shares Common stock received on April 23, 2026 from RSU conversion

New RSU grant 5,286 RSUs Granted on April 23, 2026, each for one common share

Shares held after transaction 10,349 shares Direct ownership of Deluxe common stock after RSU vesting

RSU vesting date April 22, 2027 Expected date of 2027 annual shareholder meeting when new RSUs vest

Key Terms

Restricted stock units, derivative security, annual shareholder meeting

3 terms

Restricted stock units financial

"Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative security financial

"Transaction code M is described as Exercise or conversion of derivative security."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

annual shareholder meeting financial

"Restricted stock units vest on the date of our 2027 annual shareholder meeting, which is expected to be April 22, 2027."

A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.

Form 4 Insider Transactions: What Each Field Means →

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^*

Schuessler Morgan M

(Last) (First) (Middle)

801 S. MARQUETTE AVE. SOUTH

(Street)

MINNEAPOLIS MINNESOTA 55402

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/23/2026		M		10,349(1)	A	$0	10,349	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	04/23/2026(2)		A		5,286		04/24/2027	04/24/2027	Common Stock	5,286	$0	5,286	D
Restricted Stock Unit	$0	04/23/2026		M			10,349	04/23/2026	04/23/2026	Common Stock	10,349	$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. Restricted stock units vest on the date of our 2027 annual shareholder meeting, which is expected to be April 22, 2027.

Remarks:

	/s/ Kortney Q. Nordrum, Attorney in Fact	04/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Deluxe (DLX) report for Morgan M. Schuessler?

Deluxe reported that director Morgan M. Schuessler had 10,349 previously granted restricted stock units vest and convert into common stock, and he also received a new award of 5,286 restricted stock units linked to an equal number of underlying Deluxe common shares.

Did Morgan M. Schuessler buy or sell Deluxe (DLX) shares on the market?

The filing shows no open-market buying or selling. Instead, Schuessler’s 10,349 shares were received through vesting and conversion of restricted stock units, and he was granted 5,286 new restricted stock units as part of his equity compensation, at no cash purchase price.

How many Deluxe (DLX) shares does Morgan M. Schuessler hold after these transactions?

After the April 23, 2026 transactions, Schuessler directly holds 10,349 shares of Deluxe common stock. In addition, he holds 5,286 restricted stock units, which represent a right to receive an equal number of Deluxe common shares upon future vesting.

What are the vesting terms of Morgan M. Schuessler’s new Deluxe (DLX) RSU grant?

The new 5,286 restricted stock units vest on the date of Deluxe’s 2027 annual shareholder meeting. The company expects that meeting to occur on April 22, 2027, at which point the units would convert into the same number of shares of common stock.

What does the Form 4 reveal about Deluxe (DLX) restricted stock units?

The Form 4 shows that certain previously awarded restricted stock units vested and converted into common stock on a one-for-one basis. It also shows a new RSU grant to director Morgan M. Schuessler, with each unit representing one underlying share of Deluxe common stock.