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 of restricted stock units and subsequent share transactions to cover tax liabilities.
Summary
- On March 1, 2024, 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 $19.41.
- Following these transactions, Lazzaretti directly owns 18,310.35 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of vesting of restricted stock units and subsequent share transactions. |
| 03/01/2025 | Expiration date of the restricted stock unit. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.