STOCK TITAN

Evertec (NYSE: EVTC) COO awarded stock; shares withheld for taxes

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

Rhea-AI Filing Summary

EVERTEC, Inc. executive vice president and chief operating officer Diego Viglianco reported equity compensation activity involving company common stock. On March 3, 2026, he acquired 31,163 shares through the vesting of performance-based restricted stock units tied to 2023 adjusted EBITDA and a three-year total shareholder return modifier.

On the same date, 17,937 shares of common stock were withheld by EVERTEC to cover his tax liabilities related to multiple RSU vestings, including both performance-based and time-based awards granted between February 2023 and February 2025. After these non-market transactions, Viglianco directly owned 53,495 EVERTEC common shares.

Positive

  • None.

Negative

  • None.
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*
Viglianco Diego

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 A 31,163(1) A $28.35 71,432 D
Common Stock 03/03/2026 F 17,937(2) D $28.35 53,495 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. Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs"), which were originally granted on February 24, 2023 and earned based on the Issuer's achievement of an adjusted EBITDA target for 2023, subject to a total shareholder return modifier over a three-year performance period.
2. Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 11,182 shares withheld in connection with the vesting of performance-based RSUs granted on February 24, 2023; (ii) 2,129 shares withheld in connection with the vesting of time-based RSUs granted on February 24, 2023; (iii) 2,165 shares withheld in connection with the vesting of time-based RSUs granted on February 29, 2024; and (iv) 2,461 shares withheld in connection with the vesting of time-based RSUs granted on February 28, 2025.
Remarks:
/s/Adriana Velez Rivera by Power of Attorney 03/05/2026
** 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 insider stock transactions did EVTC executive Diego Viglianco report?

Diego Viglianco reported RSU-related equity activity, not open-market trades. He received 31,163 EVERTEC common shares from vesting performance-based RSUs, while 17,937 shares were withheld by the company to cover tax obligations tied to several RSU vestings.

Did EVTC’s COO buy or sell EVERTEC (EVTC) shares on the market?

He did not report any open-market purchases or sales. The Form 4 shows stock received from vesting performance-based RSUs and shares withheld by EVERTEC to satisfy tax liabilities associated with those and other time-based RSU vestings.

How many EVERTEC (EVTC) shares did the COO receive from RSU vesting?

He received 31,163 fully vested EVERTEC common shares when performance-based RSUs granted on February 24, 2023 vested. These awards were earned based on a 2023 adjusted EBITDA target and further modified by total shareholder return over a three-year performance period.

Why were 17,937 EVERTEC (EVTC) shares withheld from the COO?

EVERTEC withheld 17,937 shares to pay the COO’s tax liabilities. This covered vesting from several RSU grants: performance-based and time-based units granted in February 2023, plus additional time-based RSUs granted in February 2024 and February 2025 that vested on the same date.

How many EVERTEC (EVTC) shares does the COO own after these transactions?

Following the RSU vesting and tax withholding, Diego Viglianco directly held 53,495 EVERTEC common shares. This balance reflects the 31,163 shares issued upon vesting of performance-based RSUs minus the 17,937 shares withheld by the company to satisfy his related tax obligations.

What performance conditions were tied to the COO’s EVERTEC (EVTC) RSU award?

The performance-based RSUs vested based on EVERTEC’s 2023 adjusted EBITDA, subject to a total shareholder return modifier measured over a three-year performance period. Only after these conditions were met did 31,163 shares of fully vested common stock transfer to the COO.
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