Form 4: Deluxe Corp Executive Lazzaretti Reports Stock Transactions
SEC Form 4 Filing
Kristopher D. Lazzaretti, President of Data Solutions at Deluxe Corp, reports the vesting and conversion of restricted stock units and subsequent tax withholding.
Summary
- On February 28, 2025, Kristopher D. Lazzaretti, President of Data Solutions at Deluxe Corp, reported transactions involving common stock.
- 848 restricted stock units vested and were converted into shares on a one-for-one basis.
- 433 shares were withheld to satisfy tax liabilities associated with the vesting of the restricted stock units at a price of $16.46.
- Following these transactions, Lazzaretti directly owns 23,393.35 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the stock transactions (vesting of restricted stock units and tax withholding). |
| 03/01/2025 | Date restricted stock units exercisable. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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