Brignardello Daniel 4

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.