EVERTEC EVP reports RSU award and tax share withholding
EVERTEC, Inc. Executive Vice President Miguel Vizcarrondo reported equity award activity involving company common stock.
Rhea-AI Filing Summary
EVERTEC, Inc. Executive Vice President Miguel Vizcarrondo reported equity award activity involving company common stock. He acquired 24,404 shares on March 3, 2026 at a price of $28.35 per share through a grant/award tied to performance-based restricted stock units earned on the issuer’s 2023 adjusted EBITDA and a three-year total shareholder return modifier.
On the same date, 13,817 shares at $28.35 per share were disposed of to cover tax liabilities through shares withheld by EVERTEC in connection with the vesting of multiple performance-based and time-based RSU grants. After these transactions, Vizcarrondo directly owned 103,096 shares of EVERTEC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,404 | $28.35 | $692K |
| Exercise Price or Tax Liability | Common Stock | 13,817 | $28.35 | $392K |
Footnotes (2)
- F1. 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.
- F2. Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 8,815 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.
FAQ
What insider transactions did EVERTEC (EVTC) report for Miguel Vizcarrondo?
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