Jeyaprakasam Yogaraj 4

What Happened Jeyaprakasam Yogaraj, Chief Technology & Digital Officer of Deluxe Corp (DLX), received equity awards on Feb 9, 2026. The filing shows 33,445 shares issued at $27.80 (value $929,771) in settlement of performance share units and a grant of 23,968 restricted stock units valued at $27.12 each (notional value $650,012). To satisfy tax liabilities related to the vesting/settlement, 13,811 shares were withheld at $27.80 (value $383,946). Net effect: approximately 57,413 shares awarded and ~13,811 withheld, for a net increase of about 43,602 shares attributable to the awards.

Key Details

• Transaction date(s): February 9, 2026; Form 4 filed Feb 11, 2026 (no late filing indicated in the report).
• Awards/values: 33,445 shares issued @ $27.80 = $929,771; 23,968 RSUs granted @ $27.12 = $650,012.
• Tax withholding: 13,811 shares withheld @ $27.80 = $383,946 (code F — tax withholding).
• Net change: ~+43,602 shares after withholding.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 = shares issued on settlement of performance share units (PSUs); F2 = withholding to satisfy tax liabilities; F3 = RSUs granted under the company plan that vest in three equal annual installments (convert to shares upon vesting, subject to continued employment).

Context These transactions are compensation-related awards (codes A and F) rather than open-market purchases or sales. The PSU settlement reflects achievement of performance targets; the RSU grant vests over time (one-third per year under footnote F3). Tax-withholding is routine and common when awards vest — it is not a market sale signal.