EVERTEC, Inc.·4

May 11, 5:17 PM ET

Castrillo-Salgado Joaquin A. 4

Research Summary

AI-generated summary

Updated

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.