Zint William C 4
4 · DELUXE CORP · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Deluxe (DLX) CFO William Zint Receives RSUs; Withholds Shares
What Happened
- William C. Zint, Chief Financial Officer of Deluxe Corp (DLX), had restricted stock units vest and convert into 18,010 shares across Feb 14–16, 2026 (conversion recorded as code M; exercise price $0.00).
- To satisfy tax withholding obligations (code F), 8,022 of those shares were withheld/disposed at $26.21 per share, generating proceeds of $210,257.
- Net shares retained by Zint from these vestings were 9,988 shares (18,010 vested − 8,022 withheld). This was vesting of awards, not an open-market purchase or an independent sale for investment purposes.
Key Details
- Transaction dates: 2026-02-14 (9,607 RSUs vest / 4,279 shares withheld), 2026-02-15 (7,247 RSUs vest / 3,228 withheld), 2026-02-16 (1,156 RSUs vest / 515 withheld).
- Withholding sale price: $26.21 per share; total withholding proceeds = $210,257.
- Exercise/conversion reported with $0.00 exercise price (RSU conversion to shares).
- Footnotes: Vesting reflects conversion of RSUs to shares (one-for-one). Withholding was to satisfy tax liabilities. RSUs were granted under the Company’s Stock Incentive Plan with standard multi-year vesting schedules (one-third or one-quarter vesting schedules as noted).
- Ownership after the transactions is not specified in the provided filing.
Context
- This was routine vesting of restricted stock units and tax-withholding via share retention — a common, administrative transaction rather than an investment purchase or directional sale signal.
- For retail investors: purchases or open-market buys by insiders can be stronger signals; withholding to cover taxes is neutral and typically does not reflect a decision to sell for investment reasons.
Insider Transaction Report
Form 4
DELUXE CORPDLX
Zint William C
SVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-14+9,607→ 49,298 total - Tax Payment
Common Stock
[F2]2026-02-14$26.21/sh−4,279$112,153→ 45,019 total - Exercise/Conversion
Common Stock
[F1]2026-02-15+7,247→ 52,266 total - Tax Payment
Common Stock
[F2]2026-02-15$26.21/sh−3,228$84,606→ 49,038 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+1,156→ 50,194 total - Tax Payment
Common Stock
[F2]2026-02-16$26.21/sh−515$13,498→ 49,679 total - Exercise/Conversion
Restricted Stock Unit
[F3]2026-02-14−9,607→ 9,608 totalExercise: $0.00Exp: 2027-02-14→ Common Stock (9,607 underlying) - Exercise/Conversion
Restricted Stock Unit
[F3]2026-02-15−7,247→ 0 totalExercise: $0.00Exp: 2026-02-15→ Common Stock (7,247 underlying) - Exercise/Conversion
Restricted Stock Unit
[F4]2026-02-16−1,156→ 0 totalExercise: $0.00From: 2023-02-16Exp: 2026-02-16→ Common Stock (1,156 underlying)
Footnotes (4)
- [F1]Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded.
- [F2]Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock units.
- [F3]Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-third increments on the first three anniversaries of date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment.
- [F4]Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-quarter increments on the first four anniversaries of date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment.
Signature
/s/ Kortney Q. Nordrum, Attorney in Fact|2026-02-18