Form 4: Deluxe Corp Executive Jeffrey Louis Cotter Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Louis Cotter, SVP, CAO and General Counsel of Deluxe Corp, reports the vesting of restricted stock units and subsequent stock transactions on February 28, 2025.
Summary
- On February 28, 2025, Jeffrey Louis Cotter, SVP, CAO and General Counsel of Deluxe Corp, reported transactions involving Deluxe Corp common stock.
- These transactions included the vesting of 1,136 restricted stock units, which converted into shares on a one-for-one basis.
- Additionally, 559 shares were withheld to satisfy tax liabilities associated with the vesting of the restricted stock units at a price of $16.46 per share.
- Following these transactions, Cotter beneficially owns 41,178 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of earliest transaction: vesting of restricted stock units and withholding of shares for tax liabilities. |
| 03/01/2025 | Date restricted stock units exercisable. |
| 03/04/2025 | Date of signature for the report. |
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