Deluxe (NYSE: DLX) SVP logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DELUXE CORP senior vice president Tracey G. Engelhardt reported routine equity compensation activity. On February 14–16, 2026, restricted stock units vested and converted one-for-one into common shares in several blocks of 10,231, 10,025 and 3,083 shares, consistent with the company’s stock incentive plan.
To cover tax liabilities tied to these vestings, Engelhardt disposed of 4,272, 4,186 and 1,288 common shares at $26.21 per share through share withholding, rather than open-market sales. After these transactions, direct ownership stood at 107,869.59 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,339 shares exercised/converted
Mixed
9 txns
Insider
Engelhardt Tracey G
Role
SVP, Division President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,083 | $0.00 | -- |
| Exercise | Common Stock | 3,083 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,288 | $26.21 | $34K |
| Exercise | Restricted Stock Unit | 10,231 | $0.00 | -- |
| Exercise | Common Stock | 10,231 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,272 | $26.21 | $112K |
| Exercise | Restricted Stock Unit | 10,025 | $0.00 | -- |
| Exercise | Common Stock | 10,025 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,186 | $26.21 | $110K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 109,157.59 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 DLX executive Tracey Engelhardt report?
Tracey Engelhardt reported vesting of restricted stock units that converted into common stock and related share-withholding dispositions for taxes. Multiple RSU blocks of 10,231, 10,025 and 3,083 units vested and became common shares under Deluxe Corp’s stock incentive plan.
Were the DLX insider transactions open-market stock sales?
No, the dispositions were for tax withholding, not open-market sales. Shares totaling 4,272, 4,186 and 1,288 were withheld at $26.21 per share to satisfy tax liabilities tied to vesting of restricted stock units.
What types of awards vested for the DLX executive in this Form 4?
The filing shows restricted stock units vesting and converting into common stock on a one-for-one basis. The RSUs were granted under Deluxe Corp’s Stock Incentive Plan, with vesting tied to continued employment over three- or four-year schedules.