Lopez Gaffney Alberto 4
Research Summary
AI-generated summary
EVERTEC (EVTC) Executive VP Alberto Lopez Gaffney Receives Award
What Happened
Alberto Lopez Gaffney, Executive Vice President of EVERTEC, received a grant of 13,937 restricted stock units (RSUs) on March 5, 2026. The grant is reported at an acquisition price of $28.70 per share, with a total reported value of $399,992. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-05; filing date: 2026-03-09 (filed within the 2 business-day Form 4 window).
- Shares/units granted: 13,937 RSUs; reported price used: $28.70; aggregate reported value: $399,992.
- Vesting: Footnote reports time-based vesting in substantially three equal installments on the anniversaries of the grant date in 2027, 2028 and 2029, with earlier vesting in certain termination scenarios.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction type: Award/grant (A). No 10b5-1 plan or tax-withholding specifics noted in the provided details.
Context
RSU grants are a form of compensation that convert to shares as they vest; they are common for executives and do not by themselves indicate a buy/sell signal. This filing records the grant and its vesting schedule so investors can track potential future share issuance when units vest.