Vizcarrondo Miguel 4
Research Summary
AI-generated summary
EVERTEC (EVTC) EVP Miguel Vizcarrondo Receives RSU Award
What Happened
Miguel Vizcarrondo, Executive Vice President of EVERTEC, was granted 18,118 restricted stock units (reported as an award) on March 5, 2026, at an indicated price of $28.70 per share, for a reported grant value of $519,987. This was an equity compensation award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (timely filing).
- Award amount and price: 18,118 RSUs at $28.70 per share; total reported value $519,987.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — RSUs vest in substantially three equal installments on the anniversaries of the grant date in 2027, 2028 and 2029, with earlier vesting in certain termination circumstances.
- No 10b5-1 plan, tax-withholding disposition, or sale reported in this filing.
Context
This grant is a time‑based RSU award—typical for executive compensation and retention—and does not represent a market purchase or sale by the insider. Such grants increase potential future ownership if the awards vest, but they primarily reflect compensation, not an immediate trading signal.