Angela Brown at Deluxe (NYSE: DLX) receives 1,036 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Angela L reported acquisition or exercise transactions in this Form 4 filing.
Deluxe Corp director Angela L. Brown received a grant of 1,036 shares of common stock in the form of restricted stock units valued at $26.56 per share. These units vest in four equal annual installments, contingent on continued employment, and bring her direct holdings to 13,505 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Angela L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,036 | $26.56 | $28K |
Holdings After Transaction:
Common Stock — 13,505 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Deluxe Corp (DLX) report for Angela L. Brown?
Deluxe Corp reported a stock award to director Angela L. Brown. She received 1,036 restricted stock units tied to common stock at $26.56 per share, granted under the company’s Stock Incentive Plan as part of her equity-based compensation.
How do Angela L. Brown’s restricted stock units in Deluxe Corp (DLX) vest?
The restricted stock units vest in four equal annual installments. They vest on each of the first four anniversaries of the grant date, and vesting generally requires continued employment, with each vested unit converting into one share of Deluxe common stock.
Is Angela L. Brown’s Deluxe Corp (DLX) transaction a market purchase or a stock grant?
The reported Deluxe transaction is a stock grant, not a market purchase. The Form 4 uses code “A” for a grant or award, reflecting restricted stock units granted under the company’s Stock Incentive Plan rather than open-market buying.