Mahony Brian 4

What Happened

• Brian Mahony, President of Merchant Services at Deluxe Corporation (DLX), was granted 11,523 restricted stock units (RSUs) on February 9, 2026. The grant is recorded at a per-unit value of $27.12, with a total grant value of $312,504. This is an award/derivative grant (Form 4 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 two-business-day Form 4 window).
• Grant size: 11,523 RSUs; per‑unit value reported: $27.12; total reported value: $312,504.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: RSUs vest in equal one‑third increments on each of the first three anniversaries of the grant date and convert to common shares upon vesting; vesting is generally contingent on continued employment.
• Transaction type: derivative award (not a purchase or sale); no 10b5‑1 plan, tax withholding, or sale noted in the excerpt.

Context

• RSUs are a form of restricted-equity compensation. They do not represent immediate transferable shares; instead, each unit converts into a share of common stock as it vests (here, over three years). Such awards are routine compensation for executives and do not, by themselves, indicate a buy/sell signal.