Form 4: Deluxe Corp Executive Yogaraj Jeyaprakasam Reports Stock Transactions

Yogaraj Jeyaprakasam, Chief Technology & Digital Officer of Deluxe Corp, reports the vesting and conversion of restricted stock units and withholding of shares for tax liabilities.

Summary

• On May 13, 2024, Yogaraj Jeyaprakasam, Chief Technology & Digital Officer of Deluxe Corp, reported transactions involving common stock and restricted stock units.
• 22,204 restricted stock units vested and were converted into common stock at a price of $0.
• 8,025 shares were disposed of to cover tax liabilities at a price of $22.91 per share.
• An additional 4,164 restricted stock units vested and were converted into common stock at $0.
• 1,868 shares were disposed of to cover tax liabilities at $22.91 per share.
• Following these transactions, Jeyaprakasam directly owns 40,768.55 shares of Deluxe Corp common stock and 8,326 restricted stock units.

Sentiment

Score: 5

Explanation: This Form 4 filing is a neutral event, simply reporting required information about stock transactions. It doesn't inherently indicate positive or negative sentiment about the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously awarded stock units and withholding for taxes.

Key Dates