Form 4: Deluxe Corp SVP, Chief Financial Officer William C Zint Reports Stock Transactions
SEC Form 4 Filing
William C Zint, SVP and Chief Financial Officer of Deluxe Corp, reports the vesting and conversion of restricted stock units and withholding of shares for tax liabilities.
Summary
- On March 1, 2024, William C Zint, the SVP and Chief Financial Officer of Deluxe Corp, reported transactions involving the company's common stock.
- Zint converted 636 restricted stock units into 636 shares of common stock at a price of $0.
- Additionally, 273 shares were withheld to cover tax liabilities associated with the vesting of the restricted stock units at a price of $19.41.
- Following these transactions, Zint directly owns 11,229 shares of Deluxe Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date exercisable for Restricted Stock Unit |
| 03/01/2024 | Date of stock transactions: conversion of restricted stock units and tax withholding. |
| 03/04/2024 | Date of report signature. |
| 03/01/2025 | Expiration date for Restricted Stock Unit |
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