Form 4: Deluxe Corp Executive Jeffrey Cotter Reports Stock Transactions

Jeffrey Cotter, SVP, CAO and General Counsel of Deluxe Corp, reports the vesting and conversion of restricted stock units and subsequent withholding of shares for tax liabilities.

Summary

• On February 14, 2025, Jeffrey Cotter vested and converted 7,936 restricted stock units into common stock.
• Shares were withheld to cover tax liabilities associated with the vesting of these units at a price of $18.63, totaling 3,905 shares.
• Following these transactions, Cotter directly owns 35,885 shares of Deluxe Corp common stock.
• On February 15, 2025, Cotter vested and converted 6,394 restricted stock units into common stock.
• Shares were withheld to cover tax liabilities associated with the vesting of these units at a price of $18.92, totaling 3,146 shares.
• Following these transactions, Cotter directly owns 39,133 shares of Deluxe Corp common stock.
• On February 16, 2025, Cotter vested and converted 2,890 restricted stock units into common stock.
• Shares were withheld to cover tax liabilities associated with the vesting of these units at a price of $18.92, totaling 1,422 shares.
• Following these transactions, Cotter directly owns 40,601 shares of Deluxe Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.

Key Dates

Keywords

Deluxe Corp, Jeffrey Cotter, Stock Transactions, Restricted Stock Units, Vesting, Tax Liabilities, Form 4