Form 4: Deluxe Corp Executive Jeffrey Cotter Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Cotter, SVP, CAO and General Counsel of Deluxe Corp, reports the vesting and conversion of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2024, Jeffrey Cotter, SVP, CAO and General Counsel of Deluxe Corp, reported transactions involving Deluxe Corp common stock.
- Cotter vested and converted 1,135 restricted stock units into shares of common stock at a price of $0.
- He also disposed of 559 shares to satisfy tax liabilities associated with the vesting of the restricted stock units at a price of $19.41.
- Following these transactions, Cotter directly owns 27,284 shares of Deluxe Corp common stock and 1,136 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, with neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common across publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions: vesting of restricted stock units and tax withholding. |
| 03/01/2025 | Expiration date of restricted stock units. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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