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EVERTEC (EVTC) EVP Miguel Vizcarrondo logs RSU share award and tax withholding

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

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.

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Insider Vizcarrondo Miguel
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Common Stock 24,404 $28.35 $692K
Tax Withholding Common Stock 13,817 $28.35 $392K
Holdings After Transaction: Common Stock — 116,913 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) 8,815 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.
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*
Vizcarrondo Miguel

(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 $28.35 116,913 D
Common Stock 03/03/2026 F 13,817(2) D $28.35 103,096 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) 8,815 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.
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 EVERTEC (EVTC) report for Miguel Vizcarrondo?

EVERTEC reported that Executive Vice President Miguel Vizcarrondo acquired 24,404 shares of common stock and disposed of 13,817 shares on March 3, 2026. The acquisition reflects vested performance-based RSUs, while the disposition covers tax withholding on multiple RSU vestings.

How many EVERTEC (EVTC) shares does Miguel Vizcarrondo hold after this Form 4?

After these transactions, Miguel Vizcarrondo directly holds 103,096 EVERTEC common shares. This balance reflects both the 24,404-share award tied to performance-based RSUs and the 13,817 shares withheld by the company to satisfy related tax liabilities.

What triggered the 24,404-share award to EVERTEC (EVTC) executive Miguel Vizcarrondo?

The 24,404 fully vested shares were issued when performance-based RSUs granted on February 24, 2023 vested. They were earned based on EVERTEC’s 2023 adjusted EBITDA target and a total shareholder return modifier measured over a three-year performance period.

Why were 13,817 EVERTEC (EVTC) shares disposed of in Miguel Vizcarrondo’s Form 4?

The 13,817 shares represent stock withheld by EVERTEC to pay Miguel Vizcarrondo’s tax liabilities. The withholding relates to the vesting of performance-based RSUs from 2023 and several time-based RSU grants from 2023, 2024, and 2025.

What price per share was reported for Miguel Vizcarrondo’s EVERTEC (EVTC) transactions?

Both the award and tax-withholding disposition used a reported price of $28.35 per EVERTEC share. This price applied to the 24,404-share acquisition from RSU vesting and the 13,817 shares withheld to cover associated tax obligations.

Are Miguel Vizcarrondo’s EVERTEC (EVTC) Form 4 transactions open-market buys or sells?

The Form 4 shows a grant or award acquisition and a tax-withholding disposition, not open-market trades. Shares were issued upon vesting of performance-based RSUs and then partially withheld by EVERTEC to satisfy the executive’s tax liabilities.