EVERTEC (EVTC) Director Ivan Pagan: 822 Shares Withheld for Taxes

What Happened Ivan Pagan, a director of EVERTEC, had 822 shares of common stock withheld by the company to satisfy his tax liability in connection with vested restricted stock units. The withholding was recorded at $25.11 per share for a reported value of $20,640. This is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and filing date: 2026-06-03
• Price per share: $25.11; shares withheld: 822; reported value: $20,640
• Shares owned after transaction: Not specified in the filing
• Footnote: Withholding reflects taxes on RSUs granted May 22, 2025 (per filing footnote F1)
• Timeliness: Reported same day (transaction and Period of Report both 2026-06-03), appearing timely

Context Share withholding to cover taxes on vested RSUs is a routine, administrative disposition by the issuer and does not indicate a discretionary sale by the insider. It should not be interpreted as a direct signal of the insider’s view on the company’s stock.