EVERTEC Board Member Reduces Stake While Stock Trades Near Peak Levels
Rhea-AI Filing Summary
Form 4 Filing Details: EVERTEC director Aldo J. Polak reported the sale of 2,243 shares of common stock on June 20, 2025, at a weighted average price of $35.7194 per share. The transaction prices ranged from $35.575 to $35.920 per share.
Following this disposition, Polak retains direct beneficial ownership of 11,946 shares of EVERTEC common stock. The transaction was executed as a standard sale (transaction code 'S') and was reported within the required filing deadline.
Key Transaction Points:
- Transaction Type: Open market sale
- Transaction Value: Approximately $80,118 (based on average price)
- Position Impact: Reduced direct holdings by 15.8%
- Filing Status: Timely filed within SEC requirements
Positive
- None.
Negative
- Director Aldo J. Polak sold 2,243 shares at an average price of $35.72, reducing his holdings to 11,946 shares
Insider Trade Summary
Net Seller: 2,243 shares
Net Sell
1 txn
Insider
Polak Aldo J.
Role
Director
Sold
2,243 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,243 | $35.7194 | $80K |
Holdings After Transaction:
Common Stock — 11,946 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average sales price per share. The shares were sold at prices ranging from $35.575 to $35.920 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was EVTC Director Polak's stock sale made under a 10b5-1 trading plan?
The Form 4 filing does not indicate that this transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox was not marked on the form.