DELUXE CORP·4

Feb 11, 3:26 PM ET

Engelhardt Tracey G 4

Research Summary

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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.