D'ANGELO FRANK G. 4
Research Summary
AI-generated summary
EVERTEC (EVTC) Director Frank G. D'Angelo Receives Award
What Happened
Frank G. D'Angelo, a director of EVERTEC, Inc. (EVTC), was granted an award of 9,026 restricted stock units (reported as acquisition code A) on May 21, 2026. The grant is reported at $24.65 per share, representing a notional value of $222,491. This was a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Report filed: 2026-05-26 (appears to be filed five days after the transaction and therefore late relative to the typical 2-business-day Form 4 deadline).
- Amount: 9,026 RSUs; reported price per share: $24.65; total reported value: $222,491.
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — The restricted stock units will vest on May 31, 2027.
- Transaction code: A (award/grant).
Context
Restricted stock unit grants are a common form of director compensation and represent a future right to receive shares if vesting conditions are met; they do not indicate an immediate purchase or sale of stock. Because this is an award to a director, it should be viewed as compensation-related rather than a direct signal of insider buying or selling intention.