Form 4: Deluxe Corp SVP, Chief Financial Officer William C Zint Acquires Shares
SEC Form 4 Filing
William C Zint, SVP, Chief Financial Officer of Deluxe Corp, acquired 115 shares of common stock at $21.96 per share on May 8, 2024, under a pre-arranged 10b5-1(c) plan.
Summary
- On May 8, 2024, William C Zint, the SVP, Chief Financial Officer of Deluxe Corp [DLX], acquired 115 shares of common stock.
- The purchase was made at a price of $21.96 per share.
- The transaction was executed under a pre-existing 10b5-1(c) plan adopted on December 11, 2023.
- Following the transaction, Mr. Zint directly owns 11,344 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a routine disclosure of an insider transaction under a pre-arranged plan.
Positives
- The purchase by a high-ranking officer may signal confidence in the company's prospects.
Future Outlook
The filing does not contain any forward-looking statements.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to have 10b5-1 plans in place to avoid accusations of insider trading.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholders if it signals confidence from the CFO.
Key Dates
| Date | Description |
|---|---|
| 2023-12-11 | Date Mr. Zint adopted the 10b5-1(c) plan. |
| 2024-05-08 | Date of the transaction where Mr. Zint acquired 115 shares of common stock. |
| 2024-05-09 | Date of signature of the report. |
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