Deluxe Corp (NYSE: DLX) director granted 5,286 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Deluxe Corp director Michelle T. Collins received a grant of 5,286 restricted stock units (RSUs) tied to the company’s common stock. The RSUs were awarded at no cash cost to her as part of equity compensation and bring her directly held RSU balance to 5,286 units.
The RSUs are scheduled to vest on the date of Deluxe’s 2027 annual shareholder meeting, which is expected to occur on April 22, 2027. Vesting generally means the units convert into common shares at that time, aligning director compensation with long-term shareholder outcomes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collins Michelle T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5,286 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 5,286 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 5,286 units
Grant price: $0.00 per unit
Underlying common shares: 5,286 shares
+2 more
5 metrics
RSUs granted
5,286 units
Restricted Stock Unit grant on April 23, 2026
Grant price
$0.00 per unit
Equity compensation, not open-market purchase
Underlying common shares
5,286 shares
Common stock underlying RSUs
Holdings after grant
5,286 RSUs
Total derivative holdings following transaction
Expected vesting date
April 22, 2027
2027 annual shareholder meeting date expectation
Key Terms
Restricted Stock Unit, annual shareholder meeting, vest
3 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" tied to common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"Restricted stock units vest on the date of our 2027 annual shareholder meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Deluxe Corp (DLX) report for Michelle T. Collins?
Deluxe Corp reported that director Michelle T. Collins received a grant of 5,286 restricted stock units. These RSUs are a form of stock-based compensation that can convert into common shares once vesting conditions are met at the company’s 2027 annual shareholder meeting.
How many Deluxe Corp (DLX) restricted stock units were granted in this Form 4?
The filing shows a grant of 5,286 restricted stock units to director Michelle T. Collins. All 5,286 units relate to Deluxe Corp common stock and represent additional equity compensation rather than an open-market purchase or sale of existing shares.
When do Michelle T. Collins’s Deluxe Corp (DLX) RSUs vest?
The restricted stock units vest on the date of Deluxe Corp’s 2027 annual shareholder meeting, expected to be April 22, 2027. At vesting, the RSUs typically convert into common shares, assuming any service-based conditions have been satisfied by that time.
What is the nature of ownership for the Deluxe Corp (DLX) RSUs reported?
The Form 4 identifies the 5,286 restricted stock units as directly owned by Michelle T. Collins. Direct ownership means they are attributed to her personally, rather than through a separate entity such as a trust, partnership, or family investment vehicle.