Entravision (NYSE: EVC) CRO has shares withheld to cover taxes
Rhea-AI Filing Summary
Entravision Communications Chief Revenue Officer Juan Navarro reported a routine tax-related share withholding. On January 21, 2026, 1,051 shares of Class A common stock were withheld at $3.25 per share to satisfy tax obligations tied to the time-vesting of 2,250 Performance Units granted on January 21, 2025.
After this withholding, Navarro beneficially owned 355,849 shares of Class A common stock, including 191,500 restricted stock units. He also held 33,750 Performance Units, each representing a contingent right to receive one share of Class A common stock, subject to both time-based vesting and market-based total shareholder return hurdles.
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FAQ
What insider transaction did Entravision (EVC) report for Juan Navarro?
The filing shows that 1,051 shares of Entravision Class A common stock were withheld on January 21, 2026 to cover tax obligations related to vesting Performance Units.
Was the Entravision (EVC) insider transaction an open-market sale?
No. The transaction code "F" indicates a share withholding to satisfy tax withholding obligations, not a discretionary open-market sale.
How many Entravision (EVC) shares did Juan Navarro own after the transaction?
Following the tax withholding, Juan Navarro beneficially owned 355,849 shares of Class A common stock, which includes 191,500 restricted stock units.
What Performance Units does Juan Navarro hold at Entravision (EVC)?
Navarro held 33,750 Performance Units, each representing a contingent right to receive one share of Class A common stock upon vesting.
How do Juan Navarro’s Performance Units at Entravision (EVC) vest?
The Performance Units vest through a mix of time-based vesting—20% on January 21, 2026 and 10% every six months in eight installments—and market-based vesting tied to total shareholder return hurdles in four equal tranches.
What is Juan Navarro’s role at Entravision Communications (EVC)?
Juan Navarro is an officer of Entravision Communications, serving as the company’s Chief Revenue Officer.