Form 4: Deluxe Corp CEO Barry McCarthy Reports Stock Transactions
SEC Form 4 Filing
Deluxe Corp CEO Barry McCarthy reports the vesting and conversion of restricted stock units, along with the withholding of shares to cover tax liabilities.
Summary
- On February 14, 2025, Barry McCarthy, the President & CEO of Deluxe Corp, reported the vesting and conversion of 45,948 restricted stock units into common stock.
- He also reported the withholding of 22,607 shares to cover tax liabilities at a price of $18.63 per share.
- On February 15, 2025, McCarthy reported the vesting and conversion of 46,888 restricted stock units into common stock.
- Additionally, 23,069 shares were withheld to cover tax liabilities at a price of $18.92 per share.
- On February 16, 2025, McCarthy reported the vesting and conversion of 17,345 restricted stock units into common stock.
- 8,534 shares were withheld to cover tax liabilities at a price of $18.92 per share.
- Following these transactions, McCarthy directly owns 265,848 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, and it doesn't inherently indicate positive or negative sentiment. It simply reflects the execution of pre-existing compensation plans.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Vesting and conversion of 45,948 restricted stock units; withholding of 22,607 shares for tax liabilities. |
| 02/15/2025 | Vesting and conversion of 46,888 restricted stock units; withholding of 23,069 shares for tax liabilities. |
| 02/16/2025 | Vesting and conversion of 17,345 restricted stock units; withholding of 8,534 shares for tax liabilities. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Vesting, Tax Liabilities, Deluxe Corp, DLX, Barry McCarthy, CEO
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