Engelhardt Tracey G 4
4 · DELUXE CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Deluxe (DLX) SVP Tracey Engelhardt Receives Stock Awards
What Happened
- Tracey G. Engelhardt, Senior Vice President and Division President of Deluxe Corp (DLX), received equity awards on 2026-02-09. She was issued 44,593 shares at $27.80 (value $1,239,685) and 23,968 derivative shares at $27.12 (value $650,012). To cover tax withholding, 18,868 shares were surrendered/withheld at $27.80 (value $524,530). The awards total about $1.89 million in value; net share increase was 49,693 shares (68,561 granted minus 18,868 withheld). These were compensation awards (not open-market purchases).
Key Details
- Transaction date(s): 2026-02-09; Filing date: 2026-02-11 (timely).
- Prices and values: 44,593 @ $27.80 = $1,239,685; 23,968 @ $27.12 = $650,012; 18,868 withheld @ $27.80 = $524,530.
- Net new shares: +49,693 (68,561 granted − 18,868 withheld). Shares owned after transaction: not specified in the filing.
- Codes: A = Award/Grant; F = Tax withholding/settlement to satisfy tax liabilities.
- Footnotes: F1 — shares issued on settlement of performance share units that vested based on performance; F2 — shares withheld to satisfy tax liabilities; F3 — restricted stock units that vest in equal one‑third increments on the first three anniversaries and convert to shares on vesting.
Context
- These transactions reflect compensation-related awards (performance share units and restricted stock units) and routine tax withholding, not an open-market purchase or sale. RSUs/PSUs convert to shares upon vesting or settlement; withholding to cover taxes is common and does not necessarily indicate a view on the stock.
Insider Transaction Report
Form 4
DELUXE CORPDLX
Engelhardt Tracey G
SVP, Division President
Transactions
- Award
Common Stock
[F1]2026-02-09$27.80/sh+44,593$1,239,685→ 113,144.59 total - Tax Payment
Common Stock
[F2]2026-02-09$27.80/sh−18,868$524,530→ 94,276.59 total - Award
Restricted Stock Unit
[F3]2026-02-09$27.12/sh+23,968$650,012→ 23,968 totalExercise: $0.00From: 2027-02-09Exp: 2029-02-09→ Common Stock (23,968 underlying)
Footnotes (3)
- [F1]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.
- [F2]Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting and granting of performance share units.
- [F3]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.
Signature
/s/ Kortney Q. Nordrum, Attorney in Fact|2026-02-11