Deluxe Corp (DLX) director receives stock instead of cash board fees

Rhea-AI Filing Summary

Deluxe Corp director Telisa L. Yancy received common stock as compensation rather than cash director fees. The Form 4 shows this as an “other” transaction tied to the company’s Non-Employee Director Stock and Deferral Plan, not as an open-market buy or sale.

After this compensation-related stock issuance, Yancy directly owns 44,984 shares of Deluxe Corp common stock. This reflects routine equity-based board compensation designed to align director interests with shareholders, rather than a discretionary trading decision in the open market.

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
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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^*

Yancy Telisa 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		J(1)		0	A	$15.84	44,984	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

Explanation of Responses:

1. Securities acquired consist of common stock received in lieu of director's fees pursuant to the Company's Non-Employee Director Stock and Deferral Plan.

Remarks:

	/s/ Kortney Q. Nordrum, Attorney in Fact	03/17/2026
	** 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 does the latest Deluxe Corp (DLX) Form 4 for Telisa L. Yancy report?

The Form 4 shows Telisa L. Yancy received Deluxe Corp common stock in lieu of cash director fees under the Non-Employee Director Stock and Deferral Plan. This is a routine compensation event rather than an open-market trade, recorded with an “other” transaction code J.

Did Telisa L. Yancy buy or sell Deluxe Corp (DLX) shares in the reported Form 4?

The filing does not report an open-market purchase or sale. Instead, Yancy received common stock as payment of director fees under Deluxe Corp’s Non-Employee Director Stock and Deferral Plan, categorized as an “other acquisition or disposition” with no buy or sell shares shown.

How many Deluxe Corp (DLX) shares does Telisa L. Yancy own after this Form 4 transaction?

After the compensation-related stock issuance, Telisa L. Yancy directly owns 44,984 shares of Deluxe Corp common stock. This total reflects her reported direct holdings following the transaction recorded under the company’s Non-Employee Director Stock and Deferral Plan.

What is the significance of transaction code J in the Deluxe Corp (DLX) Form 4?

Transaction code J in this Form 4 represents an “other acquisition or disposition” rather than a standard buy or sell. Here, it captures Deluxe Corp common stock received by director Telisa L. Yancy as compensation in lieu of cash director fees under the company’s stock and deferral plan.

How were Deluxe Corp (DLX) director fees paid to Telisa L. Yancy in this filing?

Director Telisa L. Yancy’s fees were paid in Deluxe Corp common stock instead of cash, according to the Non-Employee Director Stock and Deferral Plan. The Form 4 footnote clarifies the securities consist of stock received in lieu of director’s fees, a routine equity compensation choice.