EVERTEC (EVTC) grants 18,118 time-vested RSUs to General Counsel & EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVERTEC, Inc. reported that its General Counsel & EVP, Luis A. Rodriguez-Gonzalez, acquired 18,118 shares of common stock through a grant/award on March 5, 2026, at a reference price of $28.70 per share. Following this award, his directly held stake is 63,907 shares.
The footnote explains this represents a grant of restricted stock units with time-based vesting, scheduled to vest in substantially three equal installments on the anniversaries of the 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
Rodriguez-Gonzalez Luis A
Role
General Counsel & EVP
| 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 Luis A. Rodriguez-Gonzalez?
EVERTEC reported that General Counsel & EVP Luis A. Rodriguez-Gonzalez received a grant of 18,118 shares of common stock on March 5, 2026. This award was recorded as an acquisition under a grant or award transaction code.
What are the vesting terms of the EVERTEC (EVTC) restricted stock unit grant?
The restricted stock units granted on March 5, 2026 vest in substantially three equal installments on the grant date anniversaries in 2027, 2028, and 2029. Vesting can occur earlier if service terminates under certain specified circumstances.
What does the transaction code "A" mean in the EVERTEC (EVTC) Form 4?
In this Form 4, the transaction code “A” indicates a grant, award, or other acquisition of securities. For Luis A. Rodriguez-Gonzalez, it reflects a grant of restricted stock units rather than an open-market purchase of EVERTEC shares.
Is the EVERTEC (EVTC) insider transaction a purchase or an equity award?
The EVERTEC transaction is an equity award, not an open-market purchase. The filing describes it as a grant of restricted stock units with time-based vesting, classified as a grant, award, or other acquisition under the Form 4 rules.