Brignardello Daniel 4
4 · EVERTEC, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
EVERTEC (EVTC) EVP Daniel Brignardello Withholds 6,087 Shares for Taxes
What Happened Daniel Brignardello, Executive Vice President of EVERTEC (EVTC), had 6,087 shares withheld by the issuer to satisfy his tax liability related to vested time-based restricted stock units (RSUs). The withholding is reported as a disposition at $28.35 per share, totaling $172,566. This is an administrative tax-withholding event, not an open-market sale.
Key Details
- Transaction date: 2026-03-05; reported on Form 4 filed 2026-03-06 (timely filing).
- Amount: 6,087 shares withheld at $28.35 per share; aggregate value reported $172,566.
- Footnote breakdown (shares withheld from specific RSU grants): 492 + 2,213 (both tied to 2/24/2023 grants), 1,719 (2/29/2024 grant), and 1,663 (2/28/2025 grant) — totals 6,087 shares (see F1).
- Transaction code F = shares withheld to satisfy tax withholding on vesting (cashless/withholding settlement), not a voluntary market sale.
- Shares owned following the transaction: not specified in the provided filing excerpt.
Context This was a routine tax-withholding step when RSUs vested. Such withholdings are administrative and do not necessarily indicate the insider’s buying or selling sentiment. For retail investors, purchases or open-market sales by insiders typically carry more interpretive weight than tax-withholding dispositions.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$28.35/sh−6,087$172,566→ 25,190 total
Footnotes (1)
- [F1]Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 492 shares withheld in connection with the vesting of time-based restricted stock units ("RSUs") granted on February 24, 2023; (ii) 2,213 shares withheld in connection with the vesting of time-based RSUs granted on February 24, 2023; (iii) 1,719 shares withheld in connection with the vesting of time-based RSUs granted on February 29, 2024; and (iv) 1,663 shares withheld in connection with the vesting of time-based RSUs granted on February 28, 2025.