Form 4: Deluxe Corp Executive Tracey G. Engelhardt Reports Stock Transactions
SEC Form 4 Filing
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 March 1, 2024, Tracey G. Engelhardt, SVP and Division President at Deluxe Corp, reported transactions involving common stock.
- 757 restricted stock units vested and were converted into shares 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 $19.41.
- Following these transactions, Engelhardt directly owns 48,854.59 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices involving stock-based awards.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date exercisable for Restricted Stock Unit |
| 03/01/2024 | Date of transaction: vesting and conversion of restricted stock units and withholding of shares for tax liabilities. |
| 03/01/2025 | Expiration date for Restricted Stock Unit |
| 03/04/2024 | Date of signature for the report. |
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