Cross Kimberly D 4

What Happened Kimberly D. Cross, Senior Vice President and Chief Human Resources Officer of Deluxe Corporation (DLX), had 3,732 restricted stock units (RSUs) vest and convert into 3,732 shares on February 19, 2026 (reported on Form 4 filed Feb 20, 2026). To satisfy tax withholding obligations, 1,674 of those shares were withheld at an effective price of $27.32 per share, totaling $45,734. The result is a net increase of 2,058 shares held by Cross. Transaction codes: M = conversion/vesting of RSUs; F = withholding to satisfy tax liabilities.

Key Details

• Transaction date(s): 2026-02-19 (Report filed 2026-02-20 — appears timely).
• Shares converted/received: 3,732 shares (RSUs vested and converted; reported at $0.00 acquisition price for the conversion).
• Shares withheld for taxes: 1,674 shares at $27.32 each = $45,734 (treated as a disposition for tax withholding).
• Net shares acquired: 2,058 shares.
• Footnotes: F1–F3 indicate these were RSUs that vest one-for-one into common stock (vesting contingent on continued employment and generally vests in one-third increments); F2 explains shares were withheld to cover tax liabilities.
• Shares owned after the transaction: not specified in the supplied filing details.

Context This was a routine RSU vesting and tax-withholding event rather than an open-market buy or sale. Withholding shares to cover taxes is a common administrative step and does not necessarily signal a change in insider sentiment.