Form 4: Deluxe Corp Director Telisa L. Yancy Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Telisa L. Yancy acquired 1,386 shares of Deluxe Corp common stock at $19.84 per share in lieu of director's fees.
Summary
- On September 13, 2024, Telisa L. Yancy, a director of Deluxe Corp, acquired 1,386 shares of common stock.
- The shares were acquired at a price of $19.84 per share.
- This acquisition was made in lieu of director's fees, according to the company's Non-Employee Director Stock and Deferral Plan.
- Following the transaction, Yancy directly owns 29,599 shares of Deluxe Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard transaction disclosure. The director taking stock in lieu of fees could be seen as a slightly positive signal.
Positives
- The director's decision to take shares in lieu of fees demonstrates confidence in the company's future.
Industry Context
This is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the actions of company insiders.
Related Party Transactions
- The acquisition of shares in lieu of director's fees is a related party transaction.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small number of shares being transferred to a director as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of transaction: Telisa L. Yancy acquired 1,386 shares of Deluxe Corp common stock. |
| 09/16/2024 | Date of signature: Form 4 signed by Ruth M. Timm, Attorney-in-Fact. |
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