STOCK TITAN

Tax withholding reduces EVERTEC (EVTC) director Ivan Pagan’s stake by 822 shares

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

Rhea-AI Filing Summary

EVERTEC, Inc. director Ivan Pagan reported a routine tax-related share disposition. On the vesting of restricted stock units granted on May 22, 2025, the issuer withheld 822 shares of common stock at $25.11 per share to cover his tax liability. After this withholding, Pagan directly holds 21,891 shares of EVERTEC common stock.

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Insider Pagan Ivan
Role null
Type Security Shares Price Value
Tax Withholding Common Stock 822 $25.11 $21K
Holdings After Transaction: Common Stock — 21,891 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 822 shares Tax-withholding disposition on RSU vesting
Withholding price per share $25.11 per share Value used for 822 withheld shares
Shares held after transaction 21,891 shares Direct EVERTEC common stock holding after withholding
RSU grant date May 22, 2025 Restricted stock units that vested and triggered tax withholding
restricted stock units financial
"in connection with the vesting of restricted stock units granted on May 22, 2025"
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.
tax liability financial
"withheld by the Issuer to pay the tax liability of the Reporting Person"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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SEC Form 4
FORM 4UNITED 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*
Pagan Ivan

(Last)(First)(Middle)
PO BOX 364527

(Street)
SAN JUAN PUERTO RICO 00936-4527

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EVERTEC, Inc. [ EVTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026F822(1)D$25.1121,891D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units granted on May 22, 2025.
Remarks:
/s/Adriana Velez Rivera by Power of Attorney06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did EVERTEC (EVTC) director Ivan Pagan report?

Ivan Pagan reported a tax-related share disposition, where 822 EVERTEC common shares were withheld to pay his tax liability. The shares were withheld in connection with the vesting of restricted stock units granted on May 22, 2025.

Was Ivan Pagan’s EVERTEC (EVTC) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 822 shares were withheld by the issuer to satisfy Pagan’s tax liability triggered by restricted stock unit vesting.

How many EVERTEC (EVTC) shares were withheld for Ivan Pagan’s taxes?

The filing states that 822 shares of EVERTEC common stock were withheld. These shares covered Ivan Pagan’s tax liability arising from the vesting of restricted stock units granted on May 22, 2025.

What is Ivan Pagan’s EVERTEC (EVTC) shareholding after the reported transaction?

After the tax-withholding disposition, Ivan Pagan directly holds 21,891 EVERTEC common shares. This figure reflects his position following the withholding of 822 shares to cover his tax liability.

What does transaction code F mean in the EVERTEC (EVTC) Form 4 for Ivan Pagan?

Transaction code F indicates a tax-withholding disposition, where shares are delivered or withheld to pay taxes or exercise costs. In this case, 822 shares were withheld to pay Ivan Pagan’s tax liability on restricted stock unit vesting.