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

Rhea-AI Filing Summary

Deluxe Corp executive Garry L. Capers reported equity award activity tied to restricted stock units (RSUs). On February 19, 2026, 7,932 RSUs vested and were converted on a one-for-one basis into 7,932 shares of common stock at $0.00 per share.

To cover tax liabilities from this vesting, 3,533 common shares were withheld at a price of $27.32 per share. After these transactions, Capers directly held 15,864 RSUs and 63,051 shares of Deluxe Corp common stock. These events reflect compensation vesting and related tax withholding rather than open-market trading.

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

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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^*

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)
02/19/2026

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		7,932(1)	A	$0	66,584	D
Common Stock	02/19/2026		F		3,533(2)	D	$27.32	63,051	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			7,932	02/19/2026(3)	02/19/2028	Common Stock	7,932	$0	15,864	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.

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.
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FAQ

What insider transactions did Deluxe Corp (DLX) report for Garry L. Capers?

Deluxe Corp reported that Garry L. Capers had 7,932 restricted stock units vest and convert into 7,932 common shares on February 19, 2026. In connection with this vesting, 3,533 common shares were withheld to satisfy tax liabilities tied to the RSU award.

Were Garry L. Capers’ Deluxe Corp (DLX) Form 4 transactions open-market buys or sells?

The Form 4 shows no open-market buys or sells. Instead, it reports an RSU vesting and one-for-one conversion into common shares, plus a tax-withholding disposition where 3,533 shares were withheld to cover taxes, as described by transaction code M and F footnotes.

How many Deluxe Corp (DLX) shares did Garry L. Capers acquire through RSU vesting?

Capers acquired 7,932 shares of Deluxe Corp common stock through the vesting and conversion of 7,932 restricted stock units on February 19, 2026. Each RSU converted into one share of common stock under the company’s stock incentive plan terms.

What was the purpose of the 3,533 Deluxe Corp (DLX) shares disposed in the Form 4?

The 3,533 shares reported as disposed were withheld to satisfy tax liabilities from the RSU vesting. The shares were valued at $27.32 per share, and the transaction is coded F, indicating payment of tax obligations by delivering securities rather than an open-market sale.

What are Garry L. Capers’ Deluxe Corp (DLX) holdings after the reported transactions?

Following the February 19, 2026 transactions, Capers directly held 15,864 restricted stock units and 63,051 shares of Deluxe Corp common stock. These updated totals reflect the RSU vesting, share conversion, and the tax-withholding share disposition reported in the Form 4 filing.

How do Garry L. Capers’ RSUs in Deluxe Corp (DLX) vest over time?

According to the footnotes, the restricted stock units were granted under Deluxe Corp’s stock incentive plan and vest in three equal one-third increments on each of the first three anniversaries of the grant date, generally contingent on continued employment with certain limited exceptions.