Castrillo-Salgado Joaquin A. 4
Research Summary
AI-generated summary
EVERTEC (EVTC) Senior EVP Joaquin Castrillo-Salgado Buys Stock
What Happened
- Joaquin A. Castrillo-Salgado, Senior Executive Vice President & COO of EVERTEC, made three open-market purchases on May 8, 2026 totaling 20,000 shares for about $454,706.
- 12,862 shares at $22.03 each (~$283,350)
- 1,675 shares at $22.95 each (~$38,441)
- 5,463 shares at $24.33 each (~$132,915)
- These were purchases (code P), not sales or option exercises — purchases are often viewed as a more bullish signal than routine sales, though the filing does not state a motive.
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 11, 2026 (reporting period = 2026-05-08).
- Aggregate: 20,000 shares acquired for approximately $454,706.
- Footnotes:
- F1: Weighted average price for the first tranche; actual prices ranged $21.88–$22.80 per share.
- F2: Weighted average price for the second tranche; prices ranged $22.91–$22.98.
- F3: Weighted average price for the third tranche; prices ranged $24.29–$24.35.
- The filing notes full per-price breakdowns are available on request to the SEC staff, issuer, or a security holder.
- Shares owned after the transaction: not disclosed in the information provided.
- No 10b5-1 trading plan, option exercise, gift, or tax-withholding event was indicated in the provided details.
Context
- These were straightforward open-market purchases (code P). There is no indication in this filing of options being exercised or shares immediately sold (no cashless exercise).
- Purchases by company officers can signal confidence, but filings are factual and do not explain motivation. Monitor future filings or company disclosures for additional context.