EVERTEC (EVTC) director adds 20,000 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVERTEC, Inc. director Frank G. D’Angelo reported an open-market purchase of common stock. On May 8, he bought 20,000 shares at $23.40 per share, increasing his direct holdings to 41,138 shares. This filing shows a net increase in his personal equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares ($468,000)
Net Buy
1 txn
Insider
D'ANGELO FRANK G.
Role
null
Bought
20,000 shs ($468K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $23.40 | $468K |
Holdings After Transaction:
Common Stock — 41,138 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 20,000 shares
Purchase price: $23.40 per share
Holdings after transaction: 41,138 shares
+1 more
4 metrics
Shares purchased
20,000 shares
Open-market purchase of EVERTEC common stock
Purchase price
$23.40 per share
Price paid for EVERTEC common shares
Holdings after transaction
41,138 shares
Director’s direct ownership following the trade
Transaction date
May 8, 2026
Date of open-market purchase
Key Terms
open-market purchase, Common Stock, Form 4
3 terms
open-market purchase financial
"reported an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"reported an open-market purchase of 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.
Form 4 regulatory
"disclosed in the Form 4 filing"
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.
FAQ
What insider transaction did EVERTEC (EVTC) report for Frank G. D’Angelo?
EVERTEC director Frank G. D’Angelo reported an open-market purchase of 20,000 shares of common stock. The transaction was executed at $23.40 per share, reflecting a direct increase in his personal ownership position in EVERTEC, Inc.
Was the EVERTEC (EVTC) Form 4 transaction a buy or a sell?
The Form 4 shows a buy transaction, specifically an open-market purchase. Frank G. D’Angelo acquired 20,000 EVERTEC common shares, and no sales or derivative exercises were reported in this filing, indicating a net addition of shares.
Does the EVERTEC (EVTC) Form 4 include any derivative securities or option exercises?
The Form 4 does not report any derivative securities or option exercises. It only discloses a single non-derivative transaction, an open-market purchase of 20,000 EVERTEC common shares, with no remaining derivative positions listed in this filing.