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EVERTEC (EVTC) CEO receives 85,975 time-vested restricted stock units

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

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.

Positive

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Negative

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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*
Schuessler Morgan M

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 A 85,975(1) A $28.7 450,054 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. 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.
Remarks:
/s/Adriana Velez Rivera by Power of Attorney 03/09/2026
** 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 did EVERTEC (EVTC) disclose in this Form 4 for its CEO?

EVERTEC reported that President and CEO Morgan M. Schuessler received a grant of 85,975 restricted stock units on March 5, 2026. These units represent common stock and increase his directly owned shares to 450,054 after the award.

How many EVERTEC (EVTC) shares were granted to the CEO in this award?

The CEO was granted 85,975 restricted stock units tied to EVERTEC common stock. The filing lists a reference price of $28.70 per share for the grant, and notes that this award is classified as a grant, award, or other acquisition transaction.

What is the vesting schedule for the EVERTEC (EVTC) CEO’s restricted stock units?

The restricted stock units vest in substantially three equal installments on the anniversaries of the March 5, 2026 grant date. Vesting occurs in 2027, 2028 and 2029, with earlier vesting possible if the CEO’s service terminates under certain specified circumstances.

Are the EVERTEC (EVTC) CEO’s new shares directly or indirectly held?

The filing classifies the ownership of the awarded shares as direct, meaning they are held in the CEO’s own name rather than through an intermediary entity. The nature of ownership field does not indicate any trust or partnership involvement.

How many EVERTEC (EVTC) shares does the CEO own after this grant?

After the March 5, 2026 restricted stock unit grant, the CEO’s total direct ownership is 450,054 common shares. This figure includes the newly granted units, which will vest over time according to the disclosed schedule and conditions.
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