Evertec (EVTC) director Ivan Pagan receives 6,997 RSUs vesting in 2027
Rhea-AI Filing Summary
Pagan Ivan reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. director Ivan Pagan reported an equity compensation grant of 6,997 shares of common stock in the form of restricted stock units valued at $24.65 per share. These units will vest on May 31, 2027, and his directly held common stock position after the award is 22,713 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,997 shares
Net Buy
1 txn
Insider
Pagan Ivan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,997 | $24.65 | $172K |
Holdings After Transaction:
Common Stock — 22,713 shares (Direct)
Footnotes (1)
- F1. Reports a grant of restricted stock units which will vest on May 31, 2027.
Key Figures
RSU grant size: 6,997 shares
Grant value per share: $24.65 per share
Shares held after transaction: 22,713 shares
+2 more
5 metrics
RSU grant size
6,997 shares
Restricted stock units awarded on May 21, 2026
Grant value per share
$24.65 per share
Reported value for RSU grant
Shares held after transaction
22,713 shares
Direct common stock ownership after award
Vesting date
May 31, 2027
RSU vesting for 6,997 units
Transaction code
A
Grant, award, or other acquisition
Key Terms
restricted stock units, grant, award, or other acquisition, Form 4
3 terms
restricted stock units financial
"Reports a grant of restricted stock units which will vest on May 31, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did EVERTEC (EVTC) director Ivan Pagan report in this Form 4?
Ivan Pagan reported receiving 6,997 restricted stock units of EVERTEC common stock as an equity grant. The award is compensation, not an open-market purchase, and increases his directly held common stock position to 22,713 shares following the transaction reported on May 21, 2026.
Is the EVERTEC (EVTC) Form 4 for Ivan Pagan a stock purchase or a grant?
The Form 4 reports a grant of restricted stock units, not an open-market stock purchase. The transaction is coded as an acquisition under a grant or award, reflecting equity-based compensation rather than a discretionary buy of EVERTEC shares in the market.
When do Ivan Pagan’s EVERTEC (EVTC) restricted stock units vest?
The restricted stock units reported for Ivan Pagan vest on May 31, 2027. This vesting date means the 6,997 units will convert into deliverable EVERTEC common shares at that time, assuming the applicable conditions of the equity award are satisfied.
At what price was Ivan Pagan’s EVERTEC (EVTC) equity grant valued?
The 6,997 restricted stock units were valued at $24.65 per EVERTEC share. This per-share value is used for reporting the equity grant, reflecting the fair value assigned to the award on the May 21, 2026 grant date.