Yancy Telisa L 4

What Happened

• Yancy Telisa, a Director of Deluxe Corp (DLX), had 10,349 restricted stock units (RSUs) convert into common shares on April 23, 2026 (recorded as an exercise/conversion, code M) and those same 10,349 shares were also recorded as disposed the same day (both at $0.00). On the same date she was recorded as acquiring a grant of 5,286 RSU-equivalent derivative units (code A) at $0.00. The zero prices reflect conversion/award events, not an open-market cash purchase or sale.

Key Details

• Transaction date(s): April 23, 2026.
• Transactions reported: 10,349 shares converted (M, acquired at $0.00); 10,349 shares disposed same day (M, $0.00); 5,286 RSU-equivalents granted (A, $0.00).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes:
  • F1: The conversion reflects vesting and one-for-one conversion of previously awarded restricted stock units.
  • F2: The newly reported 5,286 restricted stock units vest on the date of Deluxe’s 2027 annual meeting (expected April 22, 2027).
• Filing timeliness: Form 4 filed April 27, 2026 for an April 23, 2026 transaction — filed within the normal 2-business-day window.

Context

• These are compensation-related derivative events (RSU vesting/convert and a new RSU grant), not open-market trades. Zero-dollar entries are typical for vesting/conversion and award records and do not indicate cash proceeds reported on this Form 4. Such awards and vestings are routine executive/director compensation and do not, by themselves, indicate insider sentiment about the company’s stock.