Deluxe (DLX) President Lazzaretti Receives RSU Award

What Happened Kristopher D. Lazzaretti, President, Data Solutions at Deluxe Corporation (DLX), was granted 3,687 restricted stock units (RSUs) on 2026-02-09. The award is shown at an acquisition value of $27.12 per unit, totaling $99,991. This is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-09; Filing date: 2026-02-11 (filed within the typical 2-business-day Form 4 window).
• Grant size and value: 3,687 RSUs at $27.12 per unit; total reported value $99,991.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: RSUs vest in equal one-third increments on each of the first three anniversaries of the grant date; each vested unit converts to one share of common stock and vesting is generally contingent on continued employment (subject to exceptions).
• No 10b5-1 plan, tax-withholding sale, or immediate cashless sale of shares is indicated in the filing.

Context RSU grants are common executive compensation and are typically intended for retention; they do not necessarily signal an immediate market view because shares convert only as units vest. Vesting schedule and employment conditions mean the economic benefit is realized over time if employment continues.