EVERTEC CEO granted 85,975 restricted stock units
Schuessler Morgan M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Schuessler Morgan M reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. President and CEO Morgan M. Schuessler reported an award of 85,975 shares of common stock on March 5, 2026, as a grant of restricted stock units. These units vest in three substantially equal installments on the grant-date anniversaries in 2027, 2028 and 2029, with potential earlier vesting upon certain terminations of service. Following this grant, Schuessler directly owned 450,054 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,975 | $28.70 | $2.47M |
Footnotes (1)
- F1. Reports a grant on March 5, 2026 of restricted stock units with time-based vesting, which will vest in substantially three equal installments on the anniversary of the grant date in 2027, 2028 and 2029, in each case subject to earlier vesting upon a termination of service in certain circumstances.
FAQ
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What did EVERTEC (EVTC) disclose in this Form 4 for its CEO?
What is the vesting schedule for the EVERTEC (EVTC) CEO’s restricted stock units?
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