---
schema_version: "secwatch.filing_event.v1"
accession: "0001559865-23-000047"
form_type: "8-K"
ticker: "EVTC"
cik: "0001559865"
company_name: "EVERTEC, Inc."
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:35:19.465958+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# EVERTEC grants CEO Schuessler 155,359 RSUs valued at $6M, vesting in 4 years

## Summary
- Special retention grant of 155,359 RSUs approved by Compensation Committee on Dec 6, 2023.
- RSUs valued at $6,000,000; 100% vests on fourth anniversary of grant date (Dec 6, 2027).
- Grant is intended to incentivize CEO Morgan M. Schuessler, Jr. to remain through vesting.
- Accelerated vesting provisions tied to termination without cause, for good reason, death, or disability.
- Prorated vesting if non-renewal, termination without cause, or resignation for good reason before change in control.

## SEC filing metadata
- accession: 0001559865-23-000047
- form_type: 8-K
- ticker: EVTC
- cik: 0001559865
- company_name: EVERTEC, Inc.
- filed_at: 2023-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559865/000155986523000047/0001559865-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559865/000155986523000047/evtc-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559865-23-000047
- JSON: https://secwatch.observer/filing/0001559865-23-000047.json
- Plain text: https://secwatch.observer/filing/0001559865-23-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.