EVERTEC (EVTC) COO adds 20,000 shares in open-market insider purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVERTEC, Inc. Senior EVP & COO Joaquin A. Castrillo-Salgado reported open-market purchases of 20,000 shares of EVERTEC common stock on May 8, 2026. The trades were executed in multiple blocks at weighted average prices of $22.03, $22.95, and $24.33 per share, each within specified price ranges.
After these purchases, Castrillo-Salgado directly holds 143,987 shares of EVERTEC common stock. The filing notes that detailed trade-by-trade pricing within the disclosed ranges is available to regulators, the company, or shareholders upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares ($454,706)
Net Buy
3 txns
Insider
Castrillo-Salgado Joaquin A.
Role
Senior EVP & COO
Bought
20,000 shs ($455K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12,862 | $22.03 | $283K |
| Purchase | Common Stock | 1,675 | $22.95 | $38K |
| Purchase | Common Stock | 5,463 | $24.33 | $133K |
Holdings After Transaction:
Common Stock — 136,849 shares (Direct, null)
Footnotes (1)
- Represents the weighted average purchase price per share. The shares were purchased at prices ranging from $21.88 to $22.80 per share. Full information regarding the number of shares purchased at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average purchase price per share. The shares were purchased at prices ranging from $22.91 to $22.98 per share. Full information regarding the number of shares purchased at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average purchase price per share. The shares were purchased at prices ranging from $24.29 to $24.35 per share. Full information regarding the number of shares purchased at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Key Figures
Shares purchased: 20,000 shares
Weighted avg price block 1: $22.03/share
Weighted avg price block 2: $22.95/share
+5 more
8 metrics
Shares purchased
20,000 shares
Total common stock bought in open-market trades on May 8, 2026
Weighted avg price block 1
$22.03/share
One set of purchases on May 8, 2026
Weighted avg price block 2
$22.95/share
One set of purchases on May 8, 2026
Weighted avg price block 3
$24.33/share
One set of purchases on May 8, 2026
Post-transaction holdings
143,987 shares
Direct ownership after reported purchases
Price range block 1
$21.88–$22.80
Actual trade prices underlying $22.03 weighted average
Price range block 2
$22.91–$22.98
Actual trade prices underlying $22.95 weighted average
Price range block 3
$24.29–$24.35
Actual trade prices underlying $24.33 weighted average
Key Terms
open-market purchase, weighted average purchase price per share, common stock, insider transaction
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
common stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
insider transaction financial
"Form 4 insider trading report for EVERTEC common stock"
FAQ
What insider transaction did EVERTEC (EVTC) report for Joaquin A. Castrillo-Salgado?
EVERTEC reported that Senior EVP & COO Joaquin A. Castrillo-Salgado bought 20,000 shares of common stock in open-market transactions on May 8, 2026. These purchases were spread across several trades at different price ranges disclosed in the Form 4 filing.
What does the weighted average purchase price mean in the EVERTEC (EVTC) Form 4 filing?
Weighted average purchase price means multiple trades were combined into one reported price reflecting their overall average. For this EVERTEC filing, individual trades occurred within stated price ranges, and exact share amounts at each price can be obtained from the company or regulators on request.
Was the EVERTEC (EVTC) insider transaction a purchase or a sale?
The EVERTEC Form 4 shows a net-buy transaction. Senior EVP & COO Joaquin A. Castrillo-Salgado executed three open-market purchases totaling 20,000 shares of common stock, with no reported sales, gifts, tax withholdings, or derivative exercises in this particular filing.