Deluxe Corp (DLX) director receives stock instead of cash board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Deluxe Corp director Telisa L. Yancy received common stock as compensation rather than cash director fees. The Form 4 shows this as an “other” transaction tied to the company’s Non-Employee Director Stock and Deferral Plan, not as an open-market buy or sale.
After this compensation-related stock issuance, Yancy directly owns 44,984 shares of Deluxe Corp common stock. This reflects routine equity-based board compensation designed to align director interests with shareholders, rather than a discretionary trading decision in the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yancy Telisa L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 0 | $15.84 | -- |
Holdings After Transaction:
Common Stock — 44,984 shares (Direct)
Footnotes (1)
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FAQ
What does the latest Deluxe Corp (DLX) Form 4 for Telisa L. Yancy report?
The Form 4 shows Telisa L. Yancy received Deluxe Corp common stock in lieu of cash director fees under the Non-Employee Director Stock and Deferral Plan. This is a routine compensation event rather than an open-market trade, recorded with an “other” transaction code J.
What is the significance of transaction code J in the Deluxe Corp (DLX) Form 4?
Transaction code J in this Form 4 represents an “other acquisition or disposition” rather than a standard buy or sell. Here, it captures Deluxe Corp common stock received by director Telisa L. Yancy as compensation in lieu of cash director fees under the company’s stock and deferral plan.
How were Deluxe Corp (DLX) director fees paid to Telisa L. Yancy in this filing?
Director Telisa L. Yancy’s fees were paid in Deluxe Corp common stock instead of cash, according to the Non-Employee Director Stock and Deferral Plan. The Form 4 footnote clarifies the securities consist of stock received in lieu of director’s fees, a routine equity compensation choice.