Form 4: Deluxe Corp Executive Tracey G. Engelhardt Reports Stock Transactions

Tracey G. Engelhardt, SVP and Division President at Deluxe Corp, reports the vesting and conversion of restricted stock units and withholding of shares for tax liabilities.

Summary

• On February 28, 2025, Tracey G. Engelhardt, SVP, Division President of Deluxe Corp, reported transactions involving common stock and restricted stock units.
• 757 restricted stock units vested and were converted into common stock on a one-for-one basis.
• 317 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, Engelhardt directly owns 68,551.59 shares of Deluxe Corp common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't 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. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on the total outstanding shares of Deluxe Corp.
• The tax withholding benefits the government.

Key Dates