Form 4: Deluxe Corp CEO Barry McCarthy Reports Stock Transactions Following Performance Share Unit Vesting
SEC Form 4 Filing
Deluxe Corp CEO Barry McCarthy reports the acquisition and disposal of company stock related to the vesting of performance share units.
Summary
- Barry C. McCarthy, President & CEO of Deluxe Corp, filed a Form 4 with the SEC.
- The filing reports transactions on January 31, 2025, involving common stock.
- 57,343 shares were acquired at $0 due to the settlement of performance share units.
- 28,426 shares were disposed of at $23.42 per share.
- Following these transactions, McCarthy beneficially owns 209,877 shares of Deluxe Corp.
- McCarthy has authorized Jeffrey L. Cotter and Kortney Q. Nordrum to file Forms 3, 4, and 5 on his behalf with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard SEC filing reporting stock transactions.
Positives
- The vesting of performance share units suggests the achievement of certain performance targets.
Future Outlook
The power of attorney granted to Jeffrey L. Cotter and Kortney Q. Nordrum suggests ongoing reporting requirements related to McCarthy's position and stock ownership.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the stock transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the stock transactions of the CEO.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock transactions (acquisition and disposal). |
| 02/04/2025 | Date of signature for the power of attorney. |
Keywords
Form 4, Deluxe Corp, Barry McCarthy, Stock Transactions, Performance Share Units, SEC Filing, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.