Form 4: Deluxe Corp Director Cheryl Mayberry McKissack Reports Stock Transactions
SEC Form 4
Director Cheryl Mayberry McKissack reports the vesting and conversion of restricted stock units into 10,402 shares of Deluxe Corp common stock on April 25, 2024, and the acquisition of 7,980 restricted stock units.
Summary
- On April 25, 2024, Cheryl Mayberry McKissack, a director of Deluxe Corp, reported transactions involving the company's stock.
- 10,402 restricted stock units vested and were converted into 10,402 shares of common stock.
- Additionally, McKissack acquired 7,980 restricted stock units, which are scheduled to vest on April 24, 2025.
- Following these transactions, McKissack directly owns 61,118 shares of Deluxe Corp common stock and 7,980 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
7,980 restricted stock units are scheduled to vest on April 24, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Vesting and conversion of 10,402 restricted stock units into common stock; acquisition of 7,980 restricted stock units. |
| 04/24/2025 | Expected vesting date of the 7,980 restricted stock units. |
| 04/29/2024 | Date of signature for the SEC Form 4 filing. |
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