Director at EVERTEC (EVTC) receives 9,026-share RSU grant vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
D'ANGELO FRANK G. reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. director Frank G. D'Angelo reported receiving an award of 9,026 shares of common stock, based on a grant of restricted stock units valued at $24.65 per share. According to the footnote, these units will vest on May 31, 2027.
This is a compensation-related grant, not an open-market purchase or sale. After this award, D'Angelo directly holds 50,164 shares of EVERTEC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
D'ANGELO FRANK G.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,026 | $24.65 | $222K |
Holdings After Transaction:
Common Stock — 50,164 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 9,026 shares
Grant value per share: $24.65 per share
Shares held after award: 50,164 shares
+1 more
4 metrics
RSU grant size
9,026 shares
Restricted stock units awarded to director
Grant value per share
$24.65 per share
Reported value of RSU award
Shares held after award
50,164 shares
Director’s direct holdings following transaction
RSU vesting date
May 31, 2027
Scheduled vesting of restricted stock units
Key Terms
restricted stock units, Form 4, grant, award, or other acquisition
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did EVERTEC (EVTC) report for Frank G. D'Angelo?
EVERTEC reported that director Frank G. D'Angelo received an award of 9,026 shares of common stock. The award is based on restricted stock units granted as compensation, not an open-market purchase or sale, and increases his direct holdings to 50,164 shares.
At what price were the EVERTEC (EVTC) restricted stock units granted to Frank G. D'Angelo?
The restricted stock units granted to Frank G. D'Angelo were valued at $24.65 per share. This price is used for reporting purposes in the Form 4 and reflects the grant date fair value of the compensation-related equity award he received.
When will Frank G. D'Angelo’s EVERTEC (EVTC) restricted stock units vest?
The restricted stock units granted to Frank G. D'Angelo are scheduled to vest on May 31, 2027. Vesting means the units convert into common shares he can fully own, completing the compensation award described in this insider transaction report.
Was the EVERTEC (EVTC) Form 4 transaction a stock purchase or sale by Frank G. D'Angelo?
The Form 4 does not show a stock purchase or sale in the market. Instead, it reports a compensation-related acquisition coded as a grant of restricted stock units, which will vest into 9,026 common shares on May 31, 2027.