DELUXE CORP·4

Feb 18, 12:12 PM ET

Zint William C 4

4 · DELUXE CORP · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-14
Zint William C
SVP, Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-14+9,60749,298 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-14$26.21/sh4,279$112,15345,019 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-15+7,24752,266 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-15$26.21/sh3,228$84,60649,038 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-16+1,15650,194 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-16$26.21/sh515$13,49849,679 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F3]
    2026-02-149,6079,608 total
    Exercise: $0.00Exp: 2027-02-14Common Stock (9,607 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3]
    2026-02-157,2470 total
    Exercise: $0.00Exp: 2026-02-15Common Stock (7,247 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F4]
    2026-02-161,1560 total
    Exercise: $0.00From: 2023-02-16Exp: 2026-02-16Common 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

Documents

1 file
  • 4
    wk-form4_1771434776.xmlPrimary

    FORM 4