EVP’s RSU tax withholding reported at EVERTEC
EVERTEC, Inc. Executive Vice President Claudio Almeida Prado reported a Form 4 showing a tax-withholding disposition of 2,756 shares of common stock at $28.35 per share.
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Rhea-AI Filing Summary
EVERTEC, Inc. Executive Vice President Claudio Almeida Prado reported a Form 4 showing a tax-withholding disposition of 2,756 shares of common stock at $28.35 per share. These shares were withheld by the company to cover his tax liabilities upon vesting of time-based restricted stock units granted in February 2024 and February 2025.
After this tax-withholding event, Almeida Prado directly owned 59,624 shares of EVERTEC common stock. This transaction reflects administrative share withholding for taxes rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,756 | $28.35 | $78K |
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 1,775 shares withheld in connection with the vesting of time-based restricted stock units ("RSUs") granted on February 29, 2024; and (ii) 981 shares withheld in connection with the vesting of time-based RSUs granted on February 28, 2025.
FAQ
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What insider transaction did EVERTEC (EVTC) report for Claudio Almeida Prado?
Was the EVERTEC (EVTC) insider transaction an open-market sale?
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