Entravision Communications (NYSE: EVC) CFO stock withheld to cover taxes
Rhea-AI Filing Summary
Entravision Communications executive Mark Boelke, CFO and COO, reported a tax-withholding disposition of 12,044 shares of Class A Common Stock on July 21, 2026. The shares were withheld at $10.85 each to cover taxes on 23,000 vesting Performance Units. After this, he holds 1,371,544 shares, including 1,040,100 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,044 shares
Net Sell
1 txn
Insider
Boelke Mark
Role
CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 12,044 | $10.85 | $131K |
Holdings After Transaction:
Class A Common Stock — 1,371,544 shares (Direct)
Footnotes (2)
- F1. Transaction represents a withholding of common stock to satisfy tax withholding obligation due to the time vesting on July 21, 2026 of 23,000 Performance Units dated January 21, 2025.
- F2. Includes 1,040,100 restricted stock units.
Key Figures
Shares withheld for taxes: 12,044 shares
Per-share value for withholding: $10.85 per share
Shares after transaction: 1,371,544 shares
+2 more
5 metrics
Shares withheld for taxes
12,044 shares
Class A Common Stock withheld on July 21, 2026 to satisfy tax obligation
Per-share value for withholding
$10.85 per share
Value used for tax-withholding disposition of 12,044 shares
Shares after transaction
1,371,544 shares
Direct Class A holdings by Mark Boelke following July 21, 2026 withholding
Vesting Performance Units
23,000 units
Performance Units dated January 21, 2025 that vested on July 21, 2026
Restricted stock units included
1,040,100 RSUs
Restricted stock units included in post-transaction total holdings
Key Terms
Performance Units, restricted stock units, withholding of common stock
3 terms
Performance Units financial
"time vesting on July 21, 2026 of 23,000 Performance Units"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
restricted stock units financial
"Includes 1,040,100 restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding of common stock financial
"Transaction represents a withholding of common stock to satisfy tax"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Entravision (EVC) report for Mark Boelke?
Entravision (EVC) reported that CFO and COO Mark Boelke had 12,044 Class A shares withheld on July 21, 2026. The shares were withheld at $10.85 per share to satisfy tax obligations arising from the vesting of 23,000 Performance Units granted in January 2025.
What triggered the tax withholding in Entravision (EVC)'s latest Form 4 for Mark Boelke?
The withholding was triggered by the time vesting of 23,000 Performance Units on July 21, 2026. These units were originally granted on January 21, 2025, and their vesting created a tax liability that was settled by withholding 12,044 shares of common stock.