DELUXE CORP — Director's Dealing 2025

Feb 18, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2025-02-14

Reporting Person: McCarthy Barry C (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-14	Common Stock	M	45948	—	Acquired	255825	Direct
2025-02-14	Common Stock	F	22607	$18.63	Disposed	233218	Direct
2025-02-15	Common Stock	M	46888	—	Acquired	280106	Direct
2025-02-15	Common Stock	F	23069	$18.92	Disposed	257037	Direct
2025-02-16	Common Stock	M	17345	—	Acquired	274382	Direct
2025-02-16	Common Stock	F	8534	$18.92	Disposed	265848	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-14	Restricted Stock Unit	$0	M	45948	Disposed	2027-02-14	Common Stock (45948)	Direct
2025-02-15	Restricted Stock Unit	$0	M	46888	Disposed	2026-02-15	Common Stock (46888)	Direct
2025-02-16	Restricted Stock Unit	$0	M	17345	Disposed	2026-02-16	Common Stock (17345)	Direct

Footnotes

F1: Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded.

F2: Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock units.

F3: Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-third increments on the first three anniversaries of date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment.

F4: Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-quarter increments on the first four anniversaries of date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment.