Form 4: Deluxe Corp Executive Yogaraj Jeyaprakasam Reports Stock Transactions
SEC Form 4 Filing
Yogaraj Jeyaprakasam, Chief Tech. & Digital Officer of Deluxe Corp, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 13, 2025, Yogaraj Jeyaprakasam, Chief Tech. & Digital Officer of Deluxe Corp, reported transactions involving Deluxe Corp common stock.
- 4,163 restricted stock units vested and were converted into shares on a one-for-one basis.
- 1,572 shares were withheld to satisfy tax liabilities related to the vesting of the restricted stock units at a price of $16.2 per share.
- Following these transactions, Jeyaprakasam directly owns 63,459.06 shares of Deluxe Corp common stock, which includes securities purchased under the Company's Employee Stock Purchase Plan.
- The vesting of the restricted stock units occurred on May 13, 2025, and the units were originally awarded on May 13, 2023, with an expiration date of May 13, 2026.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 05/13/2023 | Original award date of restricted stock units |
| 05/13/2025 | Date of transaction: vesting of restricted stock units and tax withholding |
| 05/13/2026 | Expiration date of restricted stock units |
| 05/15/2025 | Date of Form 4 filing |
Keywords
Form 4, Deluxe Corp, DLX, Yogaraj Jeyaprakasam, Restricted Stock Units, Vesting, Tax Withholding, Beneficial Ownership, Insider Trading
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