SCHUMACHER ALAN H 4
4 · EVERTEC, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
EVERTEC (EVTC) Director Alan H. Schumacher Receives Award
What Happened
Alan H. Schumacher, a director of EVERTEC, was granted 6,997 restricted stock units (RSUs) on 2026-05-21. The reported grant is valued at $24.65 per share, totaling $172,476. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-21 @ $24.65 per share (total value $172,476).
- Shares awarded: 6,997 RSUs.
- Shares owned after transaction: Not disclosed in this filing.
- Vesting: Footnote indicates the RSUs will vest on May 31, 2027.
- Filing timeliness: Report filed 2026-05-26 for a 2026-05-21 transaction (filed after the typical 2-business-day Form 4 window).
Context
RSU grants are a form of compensation and typically convert to actual shares only if vesting conditions are met; they do not represent an immediate open-market purchase or sale. Because these RSUs vest in May 2027, they are subject to forfeiture until that date and may be withheld or sold for taxes at vesting depending on plan terms. This filing reports a compensation award by a director rather than a market trade.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21$24.65/sh+6,997$172,476→ 54,253 total
Footnotes (1)
- [F1]Reports a grant of restricted stock units which will vest on May 31, 2027.