Director at EVERTEC (NYSE: EVTC) awarded 10,344 restricted stock units
Rhea-AI Filing Summary
JUNQUERA JORGE A reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. director Jorge A. Junquera received an equity grant of 10,344 shares of common stock at a reported value of $24.65 per share. The award is structured as restricted stock units that will vest on May 31, 2027, providing long-term, stock-based compensation. After this grant, Junquera directly holds 52,875 EVERTEC shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,344 shares
Net Buy
1 txn
Insider
JUNQUERA JORGE A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,344 | $24.65 | $255K |
Holdings After Transaction:
Common Stock — 52,875 shares (Direct)
Footnotes (1)
- F1. Reports a grant of restricted stock units which will vest on May 31, 2027.
Key Figures
Equity award size: 10,344 shares
Grant value per share: $24.65 per share
Post-grant holdings: 52,875 shares
+1 more
4 metrics
Equity award size
10,344 shares
Grant of restricted stock units to director Junquera
Grant value per share
$24.65 per share
Reported transaction price for the equity award
Post-grant holdings
52,875 shares
Total EVERTEC shares held directly after the transaction
Vesting date
May 31, 2027
Restricted stock units vesting schedule from footnote
Key Terms
restricted stock units, Grant, award, or other acquisition, Form 4
3 terms
restricted stock units financial
"Reports a grant of restricted stock units which will vest on May 31, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"transaction is coded on Form 4 as a grant, award, or other acquisition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EVERTEC (EVTC) report for Jorge A. Junquera?
EVERTEC reported that director Jorge A. Junquera received a grant of 10,344 restricted stock units tied to common stock. The award is labeled as a grant or other acquisition on Form 4 and increases his directly held share position at the company.
When will Jorge A. Junquera’s EVERTEC (EVTC) restricted stock units vest?
The restricted stock units granted to Jorge A. Junquera will vest on May 31, 2027. This vesting date, disclosed in the footnote, means the award is intended as long-term compensation, aligning the director’s interests with the company over multiple years.
Is Jorge A. Junquera’s EVERTEC (EVTC) transaction a market purchase or a grant?
The EVERTEC transaction for Jorge A. Junquera is a grant, not a market purchase. It is coded as a grant, award, or other acquisition on Form 4 and described as restricted stock units awarded to him, rather than shares bought on the open market.