Jeyaprakasam Yogaraj 4

What Happened
Jeyaprakasam Yogaraj, Chief Technology & Digital Officer of Deluxe Corporation (DLX), had 4,163 restricted stock units (RSUs) vest and convert into common shares on May 13, 2026. Of the 4,163 shares that vested, 1,688 shares were withheld to satisfy tax withholding obligations at $25.31 per share (total value withheld ≈ $42,723), leaving a net of 2,475 shares added to his holdings. No cash purchase was made — this was a vesting/conversion of previously granted RSUs.

Key Details

• Transaction date: 2026-05-13
• Vesting/conversion: 4,163 RSUs converted 1-for-1 into 4,163 common shares (code M)
• Tax withholding: 1,688 shares withheld (code F) at $25.31/share; cash value ≈ $42,723
• Net shares retained: 4,163 − 1,688 = 2,475 shares
• Footnotes: F1 = vesting/conversion of RSUs; F2 = withholding to satisfy tax liabilities; F3 refers to ESPP participation (not directly applicable here)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing timeliness: no late filing flag indicated in the provided data

Context
This was a routine equity award vesting (RSU conversion), not an open‑market buy or sale. Vesting events are common compensation occurrences and do not by themselves signal a buy or sell opinion — the withholding is standard to cover taxes. The SEC codes used: M indicates the derivative/RSU conversion, and F indicates shares withheld to pay taxes.