Director at EVERTEC (EVTC) awarded 10,344 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH BRIAN JOHN reported acquisition or exercise transactions in this Form 4 filing.
EVERTEC, Inc. director Brian John Smith received an equity award in the form of 10,344 shares of common stock, reported at $24.65 per share, as a grant or award. A footnote explains this represents restricted stock units that will vest on May 31, 2027. Following this grant, he directly holds 72,020 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SMITH BRIAN JOHN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,344 | $24.65 | $255K |
Holdings After Transaction:
Common Stock — 72,020 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 10,344 shares
Grant reference price: $24.65 per share
Post-transaction holdings: 72,020 shares
+1 more
4 metrics
Equity grant size
10,344 shares
Grant/award of common stock
Grant reference price
$24.65 per share
Reported transaction price per share
Post-transaction holdings
72,020 shares
Total directly held after grant
RSU vesting date
May 31, 2027
Restricted stock units vesting
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
"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.
FAQ
What insider transaction did EVERTEC (EVTC) report for Brian John Smith?
EVERTEC reported that director Brian John Smith received a grant of 10,344 shares of common stock as an equity award. The filing classifies it as a grant or award acquisition rather than an open-market purchase or sale, reflecting routine compensation.
At what price was the EVERTEC (EVTC) equity award to Brian John Smith reported?
The equity award to Brian John Smith was reported at a value of $24.65 per share for 10,344 shares. This figure reflects the reference price used in the Form 4 and does not indicate an open-market transaction or cash purchase by the director.
When will Brian John Smith’s EVERTEC (EVTC) restricted stock units vest?
The filing states that the reported grant is restricted stock units scheduled to vest on May 31, 2027. Vesting means the units convert into common shares that the director fully owns, subject to any applicable company or plan conditions remaining in place until that date.
Was the EVERTEC (EVTC) Form 4 transaction a market buy or sell by Brian John Smith?
No. The Form 4 identifies the transaction under code “A” as a grant, award, or other acquisition. It reflects an equity compensation grant of restricted stock units, not an open-market purchase or sale initiated by Brian John Smith on a stock exchange.