Moyer Kelly 4
Research Summary
AI-generated summary
Deluxe (DLX) CAO Moyer Kelly Receives RSU Award
What Happened
- Moyer Kelly, Chief Accounting Officer (PAO) of Deluxe Corp (DLX), was granted 9,218 restricted stock units (RSUs) on 2026-02-09. The grant is reported at a per-unit value of $27.12, totaling $249,992. This is an award/grant (not a purchase or sale).
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-11 (Form 4 filed within the usual 2-business-day window).
- Grant type/code: A — Award/Grant of derivative securities (RSUs).
- Amount granted: 9,218 RSUs at $27.12 each; aggregate value reported $249,992.
- Shares owned after transaction: Not specified in this filing.
- Footnote: RSUs vest in equal one-third increments on the first three anniversaries of the grant date; upon vesting each unit converts into one share of common stock and vesting is generally contingent on continued employment.
Context
- These RSUs are compensation awards subject to multi-year vesting and do not represent an immediate cash transaction or sale of shares. They typically convert into common stock only as they vest (no immediate proceeds reported).