Schuessler Morgan M 4

What Happened

• Morgan M. Schuessler, President & CEO and a director of EVERTEC, was granted 85,975 restricted stock units (RSUs) on March 5, 2026. The Form 4 reports an acquisition value of $28.70 per share, implying an aggregate grant value of approximately $2,467,483.
• This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: March 5, 2026; Filing date: March 9, 2026 (reported on the Form 4 accession 0001407607-26-000002).
• Price/value used in filing: $28.70 per share; total reported value ≈ $2,467,483.
• Shares owned after transaction: not disclosed in the excerpt provided.
• Footnote: The RSUs vest in substantially three equal installments on the anniversaries of the grant in 2027, 2028 and 2029, subject to earlier vesting upon termination in certain circumstances.
• Filing timeliness: the filing date is shown on the Form 4; consult the filed document for any late-filing notation.

Context

• RSU grants are time‑based compensation that convert to shares only as they vest; they are not immediate purchases and do not indicate an immediate market trade.
• Such grants are common executive compensation and should be viewed as part of overall pay and retention practices rather than a direct signal to buy or sell the stock.