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: Cotter Jeffrey Louis (SVP, CAO and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-14	Common Stock	M	7936	—	Acquired	39790	Direct
2025-02-14	Common Stock	F	3905	$18.63	Disposed	35885	Direct
2025-02-15	Common Stock	M	6394	—	Acquired	42279	Direct
2025-02-15	Common Stock	F	3146	$18.92	Disposed	39133	Direct
2025-02-16	Common Stock	M	2890	—	Acquired	42023	Direct
2025-02-16	Common Stock	F	1422	$18.92	Disposed	40601	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-14	Restricted Stock Unit	$0	M	7936	Disposed	2027-02-14	Common Stock (7936)	Direct
2025-02-15	Restricted Stock Unit	$0	M	6394	Disposed	2026-02-15	Common Stock (6394)	Direct
2025-02-16	Restricted Stock Unit	$0	M	2890	Disposed	2026-02-16	Common Stock (2890)	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.