Deluxe Corp (NYSE: DLX) CFO reports RSU grants and tax share withholding
Rhea-AI Filing Summary
Deluxe Corp's SVP and Chief Financial Officer William C. Zint reported equity awards and related tax withholding transactions. On February 9, 2026, he acquired 31,586 shares of common stock at $27.80 per share in connection with the vesting of performance share units, increasing his directly held common shares to 39,691 after tax withholding.
On the same date, 14,322 common shares were disposed of at $27.80 per share to satisfy tax liabilities tied to the vesting and granting of performance share units. He also received a grant of 25,811 restricted stock units valued at an exercise price of $0, with an associated reference price of $27.12 per unit, all held directly.
These restricted stock units were granted under the company’s stock incentive plan and are scheduled to vest in three equal installments on each of the first three anniversaries of the grant date. Upon vesting, each unit converts into one share of common stock, generally contingent on continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 25,811 | $27.12 | $700K |
| Grant/Award | Common Stock | 31,586 | $27.80 | $878K |
| Tax Withholding | Common Stock | 14,322 | $27.80 | $398K |
Footnotes (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. Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting and granting of performance share 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.