Form 4: Evertec Executive Vice President Daniel Brignardello Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Daniel Brignardello reports the disposal of 1,781 shares of Evertec, Inc. common stock to cover tax obligations related to vesting restricted stock units.
Summary
- Daniel Brignardello, an Executive Vice President at EVERTEC, Inc., reported a transaction involving the disposal of 1,781 shares of common stock on March 8, 2024.
- The shares were disposed of to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $36.92.
- Following the transaction, Brignardello directly owns 36,323 shares of EVERTEC, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction is a routine part of executive compensation. Therefore, the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/02/2021 | Date of RSU grant related to tax liability. |
| 02/25/2022 | Date of RSU grant related to tax liability. |
| 02/24/2023 | Date of RSU grant related to tax liability. |
| 03/08/2024 | Date of transaction (disposal of shares). |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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