Form 4: Deluxe Corp Director Paul R. Garcia Reports Stock Transactions
SEC Form 4 Filing
Director Paul R. Garcia reports the vesting and conversion of restricted stock units into Deluxe Corp common stock.
Summary
- On April 25, 2024, Paul R. Garcia, a director of Deluxe Corp, reported transactions involving the company's stock.
- 10,402 restricted stock units vested and were converted into common stock on a one-for-one basis.
- Following the transaction, Garcia directly owns 23,248 shares of Deluxe Corp common stock.
- Garcia also acquired 7,980 restricted stock units, vesting on April 24, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Positives
- The vesting of restricted stock units indicates that performance milestones have been met.
Future Outlook
The document mentions the vesting date of new restricted stock units as April 24, 2025.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Vesting and conversion of 10,402 restricted stock units into common stock. |
| 04/25/2024 | 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 of the report. |
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