EVERTEC (EVTC) EVP Daniel Brignardello granted 13,937 time-vesting RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brignardello Daniel reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. Executive Vice President Daniel Brignardello reported an award of 13,937 shares of common stock on a grant basis. The award represents restricted stock units with time-based vesting, scheduled to vest in three substantially equal installments on the grant anniversaries in 2027, 2028 and 2029, subject to certain earlier vesting conditions. Following this grant, his directly held common stock ownership is reported at 39,127 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brignardello Daniel
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,937 | $28.70 | $400K |
Holdings After Transaction:
Common Stock — 39,127 shares (Direct)
Footnotes (1)
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FAQ
What did EVERTEC (EVTC) Executive Vice President Daniel Brignardello report on this Form 4?
Daniel Brignardello reported an award of 13,937 shares of EVERTEC common stock. The award is in the form of restricted stock units that vest over time, increasing his reported direct ownership to 39,127 shares after the grant.
Is the EVERTEC (EVTC) Form 4 transaction a stock purchase or an equity award?
The Form 4 reflects an equity award, not an open-market stock purchase. It reports a grant of 13,937 restricted stock units with time-based vesting, characterized as a grant, award, or other acquisition of common stock-based units.
How do the 13,937 restricted stock units for EVERTEC (EVTC) vest for Daniel Brignardello?
The 13,937 restricted stock units are scheduled to vest in substantially three equal installments. Vesting occurs on the anniversary of the March 5, 2026 grant date in 2027, 2028 and 2029, with potential earlier vesting in certain termination scenarios.
What is Daniel Brignardello’s reported EVERTEC (EVTC) common stock ownership after this Form 4 grant?
After the reported grant, Daniel Brignardello’s direct ownership is listed as 39,127 shares of EVERTEC common stock. This figure reflects his holdings immediately following the award of 13,937 restricted stock units described in the Form 4.
Does the EVERTEC (EVTC) Form 4 mention any special conditions on the restricted stock units?
Yes. The restricted stock units have time-based vesting and may vest earlier upon a termination of service in certain circumstances, in addition to the scheduled vesting on the 2027, 2028 and 2029 anniversaries of the March 5, 2026 grant date.