Form 4: Deluxe Corp Executive Jean L Herrick Reports Stock Transactions
SEC Form 4 Filing
Jean L Herrick, SVP, CHRO of Deluxe Corp, reports the vesting and conversion of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2024, Jean L Herrick, SVP, CHRO of Deluxe Corp, reported transactions involving common stock and restricted stock units.
- 339 restricted stock units vested and were converted into 339 shares of common stock at a price of $0.
- 167 shares were withheld to satisfy tax liabilities at a price of $19.41 per share.
- Following these transactions, Herrick directly owns 5,305 shares of Deluxe Corp common stock and 339 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
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 impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Original date of restricted stock unit award. |
| 03/01/2024 | Date of transaction: vesting and conversion of restricted stock units, and tax withholding. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
| 03/01/2025 | Expiration date of restricted stock units. |
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