STOCK TITAN

EVERTEC (EVTC) COO receives 29,547 time-vested restricted stock units

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

Rhea-AI Filing Summary

EVERTEC, Inc. executive Joaquin A. Castrillo-Salgado, Senior EVP & COO, reported an equity compensation grant. He acquired 29,547 shares of common stock through a grant of restricted stock units at a reference price of $28.70 per share, increasing his directly held stake to 123,987 shares.

The award consists of restricted stock units with time-based vesting. These units are scheduled to vest in substantially three equal installments on the grant-date anniversaries in 2027, 2028 and 2029, with potential earlier vesting if his service terminates under certain circumstances.

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*
Castrillo-Salgado Joaquin A.

(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)
Senior EVP & COO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 A 29,547(1) A $28.7 123,987 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. Reports a grant on March 5, 2026 of restricted stock units with time-based vesting, which will vest in substantially three equal installments on the anniversary of the grant date in 2027, 2028 and 2029, in each case subject to earlier vesting upon a termination of service in certain circumstances.
Remarks:
/s/Adriana Velez Rivera by Power of Attorney 03/09/2026
** 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 transaction did EVERTEC (EVTC) report for Joaquin A. Castrillo-Salgado?

EVERTEC reported that Senior EVP & COO Joaquin A. Castrillo-Salgado received a grant of 29,547 restricted stock units. These units are tied to EVERTEC common stock and represent equity-based compensation rather than an open-market share purchase or sale.

How many EVERTEC (EVTC) shares did the executive hold after this Form 4 transaction?

After the reported grant, Joaquin A. Castrillo-Salgado directly held 123,987 shares of EVERTEC common stock. This total includes the newly granted restricted stock units that will vest over time, subject to continued service and the vesting schedule.

What is the vesting schedule for the EVERTEC (EVTC) restricted stock units granted?

The 29,547 restricted stock units granted to Joaquin A. Castrillo-Salgado vest in substantially three equal installments on the anniversary of the March 5, 2026 grant date in 2027, 2028 and 2029, subject to continued service conditions and specified early vesting circumstances.

Was the EVERTEC (EVTC) Form 4 transaction a stock purchase or sale?

The Form 4 shows an acquisition through a grant or award, not a market purchase or sale. Joaquin A. Castrillo-Salgado received 29,547 restricted stock units as equity compensation, coded as a grant, award, or other acquisition under transaction code A.

What price per share was used for the EVERTEC (EVTC) restricted stock unit grant?

The restricted stock unit grant to Joaquin A. Castrillo-Salgado used a reference price of $28.70 per share for the 29,547 units. This price is typically used for reporting and may reflect the company’s share value on the grant date.
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