Form 4: EVERTEC EVP Sells Shares for Tax Liability

EVERTEC's Executive Vice President, Claudio Almeida Prado, reported a routine disposition of 2,756 common shares to cover tax obligations from restricted stock unit vesting.

Summary

• Claudio Almeida Prado, Executive Vice President of EVERTEC, Inc. (EVTC), reported a transaction on March 5, 2026.
• The transaction involved the disposition of 2,756 shares of EVERTEC common stock at a price of $28.35 per share.
• These shares were withheld by the issuer to satisfy the reporting person's tax liability associated with the vesting of time-based restricted stock units (RSUs).
• Specifically, 1,775 shares were withheld from RSUs granted on February 29, 2024, and 981 shares from RSUs granted on February 28, 2025.
• Following this transaction, Claudio Almeida Prado beneficially owns 59,624 shares of EVERTEC common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine, non-discretionary transaction for tax purposes related to RSU vesting and does not reflect any change in the company's operational performance or the insider's sentiment towards the stock.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings upon RSU vesting, are common occurrences across all industries for executives receiving equity compensation. This specific transaction for EVERTEC's EVP is a routine event and does not indicate any specific industry trend or competitive action.

Stakeholder Impact

• Shareholders: This routine transaction has minimal direct impact on shareholders, as it's a standard part of executive compensation and tax management, not a discretionary sale.

Key Dates

Keywords

EVERTEC, EVTC, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Tax Withholding, Claudio Almeida Prado