Deluxe Corp (DLX) SVP reports RSU vesting and tax share moves

Rhea-AI Filing Summary

Deluxe Corp senior vice president Garry L. Capers reported multiple equity award events over February 14–16, 2026. Restricted stock units vested and were converted on a one-for-one basis into common shares, increasing his direct holdings through several exercise or conversion transactions priced at $0.00 per share.

To cover tax liabilities tied to these vestings, Capers delivered portions of the newly issued common stock back to the company in tax-withholding dispositions at $26.21 per share. After these conversions and tax-related share withholdings, he directly owned 53,161 shares of Deluxe 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

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^*

Capers Garry L

(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, President, B2B Payments

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026

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	02/14/2026		M		6,683(1)	A	$0	56,138	D
Common Stock	02/14/2026		F		2,977(2)	D	$26.21	53,161	D
Common Stock	02/15/2026		M		6,820(1)	A	$0	59,981	D
Common Stock	02/15/2026		F		3,038(2)	D	$26.21	56,943	D
Common Stock	02/16/2026		M		3,083(1)	A	$0	60,026	D
Common Stock	02/16/2026		F		1,374(2)	D	$26.21	58,652	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	02/14/2026		M			6,683	(3)	02/14/2027	Common Stock	6,683	$0	6,684	D
Restricted Stock Unit	$0	02/15/2026		M			6,820	(3)	02/15/2026	Common Stock	6,820	$0	0	D
Restricted Stock Unit	$0	02/16/2026		M			3,083	(4)	02/16/2026	Common Stock	3,083	$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. 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.

4. 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.

Remarks:

	/s/ Kortney Q. Nordrum, Attorney in Fact	02/18/2026
	** 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 did Deluxe Corp (DLX) executive Garry Capers report in this Form 4?

Garry L. Capers reported vesting of restricted stock units that converted into Deluxe common stock, plus related tax-withholding share dispositions. These transactions reflect routine equity award activity rather than open-market buying or selling of DLX shares.

How many Deluxe Corp (DLX) shares does Garry Capers own after these transactions?

After the reported vesting and tax-withholding transactions, Garry L. Capers directly owns 53,161 shares of Deluxe common stock. This figure represents his post-transaction direct ownership as disclosed in the Form 4 data provided.

Were the Deluxe Corp (DLX) Form 4 transactions open-market purchases or sales?

The transactions were not open-market purchases or sales. They primarily involved exercise or conversion of restricted stock units into common stock and tax-withholding dispositions, where shares were delivered to satisfy associated tax liabilities on the vesting awards.

What price was used for the Deluxe Corp (DLX) tax-withholding share dispositions?

Tax-withholding share dispositions were reported at $26.21 per share. This price was applied when shares of Deluxe common stock were delivered to cover tax liabilities arising from the vesting of previously granted restricted stock units.

What do the restricted stock unit footnotes mean for Deluxe Corp (DLX) investors?

The footnotes explain that restricted stock units were granted under Deluxe’s Stock Incentive Plan, vest in scheduled annual increments, and convert one-for-one into common stock. Vesting generally depends on continued employment, aligning executive compensation with long-term shareholder interests.

On which dates did the Deluxe Corp (DLX) restricted stock units vest for Garry Capers?

The reported vesting and conversion of restricted stock units occurred on February 14, 15, and 16, 2026. On each date, units converted on a one-for-one basis into Deluxe common shares, followed by tax-withholding share deliveries to cover related tax obligations.