STOCK TITAN

EVERTEC (EVTC) EVP reports RSU vesting and tax-share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EVERTEC, Inc. Executive Vice President Paola Perez-Surillo reported equity compensation activity in common stock. On March 3, 2026, she acquired 24,404 shares through the vesting of performance-based restricted stock units earned on 2023 adjusted EBITDA results with a three-year total shareholder return modifier. On the same date, 13,818 shares were disposed of as shares withheld by EVERTEC to cover her tax liabilities related to the vesting of multiple performance-based and time-based RSU grants. After these transactions, she directly owned 45,789 common shares.

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Insider Perez-Surillo Paola
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Common Stock 24,404 $28.35 $692K
Tax Withholding Common Stock 13,818 $28.35 $392K
Holdings After Transaction: Common Stock — 59,607 shares (Direct)
Footnotes (1)
  1. Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs"), which were originally granted on February 24, 2023 and earned based on the Issuer's achievement of an adjusted EBITDA target for 2023, subject to a total shareholder return modifier over a three-year performance period. Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 8,816 shares withheld in connection with the vesting of performance-based RSUs granted on February 24, 2023; (ii) 1,667 shares withheld in connection with the vesting of time-based RSUs granted on February 24, 2023; (iii) 1,695 shares withheld in connection with the vesting of time-based RSUs granted on February 29, 2024; and (iv) 1,640 shares withheld in connection with the vesting of time-based RSUs granted on February 28, 2025.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Perez-Surillo Paola

(Last) (First) (Middle)
PO BOX 364527

(Street)
SAN JUAN PR 00936-4527

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EVERTEC, Inc. [ EVTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 24,404(1) A $28.35 59,607 D
Common Stock 03/03/2026 F 13,818(2) D $28.35 45,789 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs"), which were originally granted on February 24, 2023 and earned based on the Issuer's achievement of an adjusted EBITDA target for 2023, subject to a total shareholder return modifier over a three-year performance period.
2. Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 8,816 shares withheld in connection with the vesting of performance-based RSUs granted on February 24, 2023; (ii) 1,667 shares withheld in connection with the vesting of time-based RSUs granted on February 24, 2023; (iii) 1,695 shares withheld in connection with the vesting of time-based RSUs granted on February 29, 2024; and (iv) 1,640 shares withheld in connection with the vesting of time-based RSUs granted on February 28, 2025.
Remarks:
/s/Adriana Velez Rivera by Power of Attorney 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did EVTC executive Paola Perez-Surillo report on March 3, 2026?

Paola Perez-Surillo reported an equity award and a related tax withholding. She received 24,404 EVERTEC common shares from vested performance-based RSUs and had 13,818 shares withheld by the company to satisfy tax obligations tied to several RSU vestings.

How many EVERTEC (EVTC) shares does Paola Perez-Surillo own after this Form 4 filing?

After these transactions, Paola Perez-Surillo directly owns 45,789 EVERTEC common shares. This figure reflects both the 24,404-share RSU vesting and the 13,818 shares withheld by the issuer to cover associated tax liabilities on multiple RSU grants.

What triggered the 24,404-share equity award to EVTC executive Paola Perez-Surillo?

The 24,404-share award resulted from performance-based RSUs granted February 24, 2023. These units vested based on EVERTEC’s achievement of a 2023 adjusted EBITDA target and a total shareholder return modifier measured over a three-year performance period for the executive.

Why were 13,818 EVERTEC (EVTC) shares disposed of in Paola Perez-Surillo’s Form 4?

The 13,818 shares were withheld by EVERTEC to pay Paola Perez-Surillo’s tax liability. They relate to vesting of one performance-based RSU grant and three time-based RSU grants from 2023, 2024, and 2025, and are recorded as a tax-withholding disposition.

Does Paola Perez-Surillo’s Form 4 indicate an open-market sale or purchase of EVTC shares?

The Form 4 does not show open-market trades. It reports an acquisition of 24,404 shares through RSU vesting and a disposition of 13,818 shares withheld by EVERTEC solely to cover tax liabilities arising from those RSU vesting events.