Director Brian John Smith buys EVERTEC (EVTC) shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVERTEC, Inc. director Brian John Smith bought 16,202 shares of Common Stock in an open-market purchase at an average price of $26.4164 per share. Following this transaction, he directly owns 88,222 shares of EVERTEC, Inc. Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,202 shares ($427,999)
Net Buy
1 txn
Insider
SMITH BRIAN JOHN
Role
null
Bought
16,202 shs ($428K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 16,202 | $26.4164 | $428K |
Holdings After Transaction:
Common Stock — 88,222 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 16,202 shares
Purchase price: $26.4164 per share
Post-transaction holdings: 88,222 shares
+1 more
4 metrics
Shares purchased
16,202 shares
Open-market purchase of EVERTEC Common Stock
Purchase price
$26.4164 per share
Average price for the 16,202-share buy
Post-transaction holdings
88,222 shares
Direct ownership after the purchase
Net buy shares
16,202 shares
Net share change from this Form 4
Key Terms
open-market purchase, Common Stock, transaction code, derivative
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code financial
""transaction_code": "P""
derivative financial
""derivativeSummary": []"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What insider transaction did EVERTEC (EVTC) report in this Form 4?
EVERTEC reported that director Brian John Smith completed an open-market purchase of 16,202 shares of Common Stock at an average price of $26.4164 per share, increasing his directly held ownership stake in the company.
Was the EVERTEC (EVTC) insider transaction a purchase or a sale?
The insider transaction was a purchase. The Form 4 lists a transaction code "P" and describes it as an open-market purchase, showing Brian John Smith as buying 16,202 EVERTEC Common Stock shares rather than selling shares.
Does the EVERTEC (EVTC) Form 4 show any derivative securities activity?
The Form 4 shows no derivative securities activity. The transaction summary reports zero derivative transactions and an empty derivative position list, indicating only a non-derivative Common Stock purchase was reported in this filing.