EVERTEC (EVTC) EVP Paola Perez-Surillo receives 18,118-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perez-Surillo Paola reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. Executive Vice President Paola Perez-Surillo reported an equity award tied to 18,118 shares of common stock on a grant date price of $28.70 per share. After this grant, she beneficially owned 63,907 shares of EVERTEC common stock.
The award consists of restricted stock units with time-based vesting. These units will vest in substantially three equal installments on the anniversary of the March 5, 2026 grant date in 2027, 2028 and 2029, with potential earlier vesting upon certain terminations of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perez-Surillo Paola
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,118 | $28.70 | $520K |
Holdings After Transaction:
Common Stock — 63,907 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did EVERTEC (EVTC) report for Paola Perez-Surillo?
EVERTEC reported that Executive Vice President Paola Perez-Surillo received a grant of restricted stock units covering 18,118 shares of common stock. The award was granted at a reference price of $28.70 per share and increases her total beneficial ownership to 63,907 shares.
When do Paola Perez-Surillo’s EVERTEC (EVTC) restricted stock units vest?
The restricted stock units granted to Paola Perez-Surillo vest in substantially three equal installments. Vesting occurs on the anniversary of the March 5, 2026 grant date in 2027, 2028 and 2029, with earlier vesting possible upon certain qualifying terminations of service.
What type of equity award did EVERTEC (EVTC) grant to Paola Perez-Surillo?
Paola Perez-Surillo received a grant of restricted stock units linked to EVERTEC common stock. The grant covers 18,118 shares at a price of $28.70 per share and features time-based vesting over three years, with possible accelerated vesting upon certain terminations.
Is Paola Perez-Surillo’s EVERTEC (EVTC) Form 4 transaction a stock purchase or an award?
The Form 4 transaction for Paola Perez-Surillo is an equity award, not an open-market stock purchase. It reflects a grant or award acquisition of restricted stock units covering 18,118 shares, with vesting spread over 2027, 2028 and 2029, rather than a cash share purchase.