DELUXE CORP|4Feb 11, 3:30 PM ET

Capers Garry L 4

4 · DELUXE CORP · Filed Feb 11, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

Deluxe (DLX) SVP Garry Capers Receives Stock Awards (~50K Shares)

What Happened

Garry L. Capers, SVP and President, B2B Payments at Deluxe (DLX), was issued stock awards on 2026-02-09 totaling 50,008 shares (29,728 shares at $27.80 and 20,280 derivative shares at $27.12) worth about $1.38M. Simultaneously, 13,495 shares were withheld (disposed) at $27.80 to satisfy tax liabilities, generating proceeds of about $375K. The awards are reported as grants/settlements (code A) and the withholding as a tax withholding disposition (code F).

Key Details

Transaction date: 2026-02-09; filing date: 2026-02-11 (filed two days after the transactions; appears timely).
Award lots: 29,728 shares @ $27.80 (value $826,438) and 20,280 shares @ $27.12 (value $549,994) — total ~50,008 shares / ~$1.376M.
Withholding: 13,495 shares @ $27.80 (value ~$375,161) to satisfy taxes.
Shares owned after transaction: Not disclosed in the provided filing excerpt.
Footnotes: F1 — shares issued on settlement of performance share units (PSUs) that vested; F2 — withholding to satisfy tax liabilities; F3 — describes restricted stock unit vesting schedule (1/3 each year, subject to continued employment).

Context

These were awards/settlements (not open-market purchases or voluntary sales). The withheld shares reflect routine tax withholding on vesting/settlement (a common, non-market-sale mechanism). The 20,280-share line was a derivative/PSU settlement — not an option exercise for immediate sale.

Form 4

Period: 2026-02-09

SVP, President, B2B Payments

Transactions

Award
Common Stock
[F1]
2026-02-09$27.80/sh+29,728$826,438→ 62,950 total
Tax Payment
Common Stock
[F2]
2026-02-09$27.80/sh−13,495$375,161→ 49,455 total
Award
Restricted Stock Unit
[F3]
2026-02-09$27.12/sh+20,280$549,994→ 20,280 total
Exercise: $0.00From: 2027-02-09Exp: 2029-02-09→ Common Stock (20,280 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

1 file