Entravision (NYSE: EVC) awards COO 300,000 RSUs and 57,500 shares
Rhea-AI Filing Summary
Entravision Communications President and COO Jeffery A. Liberman reported new equity awards and related share activity in Class A common stock. On January 15, 2026, he received an award of 300,000 restricted stock units, which vest 25% each on December 20, 2026, 2027, 2028 and 2029.
The filing also shows 57,500 Performance Units converting into 57,500 shares of Class A common stock at an exercise price of $0 per share, leaving 272,500 Performance Units outstanding. Each Performance Unit can become one share if vesting conditions are met, combining time-based vesting (20% on January 21, 2026 and 10% every six months in eight installments) with market-based total shareholder return hurdles.
After these transactions, Liberman directly beneficially owns 676,600 Class A shares, including restricted stock units, and indirectly holds 119,454 shares through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Units | 57,500 | $0.00 | -- |
| Grant/Award | Class A common stock | 300,000 | $0.00 | -- |
| Exercise | Class A common stock | 57,500 | $0.00 | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- Represents an award of 300,000 restricted stock units that vests as follows: (i) 25% on December 20, 2026; (ii) 25% on December 20, 2027; (iii) 25% on December 20, 2028; and (iv) 25% on December 20, 2029. Includes 619,100 restricted stock units. Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 21, 2026 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches. Includes 676,600 restricted stock units.