EVERTEC (EVTC) EVP Alberto Lopez Gaffney awarded 13,937-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lopez Gaffney Alberto reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. Executive Vice President Alberto Lopez Gaffney reported an equity award of 13,937 shares of common stock on March 5, 2026. A footnote explains this represents restricted stock units that vest in three substantially equal annual installments on the grant-date anniversaries in 2027, 2028 and 2029, subject to certain termination conditions. Following this grant, he directly holds 48,433 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lopez Gaffney Alberto
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,937 | $28.70 | $400K |
Holdings After Transaction:
Common Stock — 48,433 shares (Direct)
Footnotes (1)
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FAQ
What did EVERTEC (EVTC) disclose about Alberto Lopez Gaffney in this Form 4?
EVERTEC reported that Executive Vice President Alberto Lopez Gaffney received an equity award of 13,937 shares of common stock on March 5, 2026. A related footnote clarifies these are restricted stock units with time-based vesting over three years, subject to certain termination conditions.
What are the vesting terms of Alberto Lopez Gaffney’s EVERTEC (EVTC) restricted stock units?
The restricted stock units granted on March 5, 2026 vest in substantially three equal installments on the anniversary of the grant date in 2027, 2028 and 2029. Vesting is also subject to earlier vesting upon a termination of service in certain specified circumstances described in the footnote.
Is Alberto Lopez Gaffney’s EVERTEC (EVTC) Form 4 transaction a market purchase or a grant?
The transaction is reported with code “A,” indicating a grant, award, or other acquisition rather than an open-market purchase. The filing specifies it is a grant of restricted stock units with time-based vesting, not a cash-funded buy in the open market.