Equity awards vest for Deluxe Corp (DLX) CAO with tax share withholding

Rhea-AI Filing Summary

Deluxe Corp Chief Accounting Officer Kelly Moyer reported equity award activity involving restricted stock units and common shares. On February 19, 2026, 4,666 restricted stock units vested and were converted into 4,666 shares of common stock on a one-for-one basis at $0.00 per share. In connection with this vesting, 1,626 common shares were withheld at $27.32 per share to satisfy tax liabilities, a non‑market disposition. After these transactions, Moyer directly held 9,332 restricted stock units and 5,083 shares of common stock, including amounts previously acquired under the company’s employee stock purchase plan.

Insider Trade Summary

4,666 shares exercised/converted

Mixed 3 txns

Insider Moyer Kelly

Role Chief Accounting Officer, PAO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	4,666	$0.00	--
Exercise	Common Stock	4,666	$0.00	--
Tax Withholding	Common Stock	1,626	$27.32	$44K

Holdings After Transaction: Restricted Stock Unit — 9,332 shares (Direct); Common Stock — 6,595 shares (Direct)

Footnotes (1)

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. Includes securities purchased under the Company's Employee Stock Purchase Plan. 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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Moyer Kelly

(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)
	Chief Accounting Officer, PAO

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		M		4,666(1)	A	$0	6,595	D
Common Stock	02/19/2026		F		1,626(2)	D	$27.32	5,083(3)	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	02/19/2026		M			4,666	02/19/2026(4)	02/19/2028	Common Stock	4,666	$0	9,332	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. Includes securities purchased under the Company's Employee Stock Purchase Plan.

4. 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.

Remarks:

	/s/ Kortney Q. Nordrum, Attorney in Fact	02/20/2026
	** 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 insider transactions did Deluxe Corp (DLX) report for Kelly Moyer?

Deluxe Corp reported that Chief Accounting Officer Kelly Moyer had 4,666 restricted stock units vest and convert into common shares, with 1,626 shares withheld to cover taxes. These transactions were equity award-related, not open-market purchases or sales.

Did Kelly Moyer buy or sell Deluxe Corp (DLX) shares on the open market?

No open-market buy or sell was reported. The Form 4 shows vesting of 4,666 restricted stock units into common stock and a tax-withholding disposition of 1,626 shares, used to satisfy tax liabilities tied to the vesting event.

How many Deluxe Corp (DLX) shares does Kelly Moyer hold after these transactions?

After the reported transactions, Kelly Moyer directly holds 5,083 shares of Deluxe Corp common stock and 9,332 restricted stock units. The filing notes that the share total includes securities acquired under the company’s Employee Stock Purchase Plan.

What does the restricted stock unit vesting mean for Deluxe Corp (DLX) insider ownership?

The vesting converted 4,666 restricted stock units into an equal number of Deluxe Corp common shares, increasing directly held stock while reducing unvested units. This reflects compensation vesting rather than discretionary trading in the open market.

Why were 1,626 Deluxe Corp (DLX) shares disposed of in Kelly Moyer’s Form 4?

The 1,626-share disposition was for tax withholding. Shares were withheld at a price of $27.32 per share to cover tax liabilities associated with the vesting of restricted stock units, a common administrative step in equity compensation programs.

How do Kelly Moyer’s restricted stock units in Deluxe Corp (DLX) vest over time?

The filing explains that restricted stock units granted under the stock incentive plan vest in three equal annual installments on each of the first three anniversaries of the grant date, and vesting generally requires continued employment with Deluxe Corp.