Entravision (EVC) director Brad Bender receives 16,524 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bender Brad reported acquisition or exercise transactions in this Form 4 filing.
Entravision Communications Corp director Brad Bender received an equity grant. He was awarded 16,524 shares of Class A common stock in the form of restricted stock units at no cash cost per share. These units will vest in full on the earlier of May 28, 2027 or the business day immediately before the company’s 2027 annual stockholder meeting. Vested shares will be delivered when he ceases serving as a director. After this grant, Bender holds 195,765 restricted stock units tied to the company’s Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bender Brad
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 16,524 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 195,765 shares (Direct, null)
Footnotes (1)
- Represents the grant of a restricted stock unit award that will vest in full on the earlier of: (x) May 28, 2027 or (y) the business day immediately preceding the date of the company's 2027 annual stockholder meeting. Vested shares will be delivered to the reporting person at the time such reporting person ceases being a director of the company. Includes 195,765 restricted stock units.
Key Figures
RSUs granted: 16,524 shares
Grant price: $0.00 per share
Total RSUs after grant: 195,765 units
+1 more
4 metrics
RSUs granted
16,524 shares
Restricted stock unit award of Class A common stock
Grant price
$0.00 per share
Equity compensation, no cash paid by director
Total RSUs after grant
195,765 units
Director’s restricted stock unit holdings following transaction
Vesting date trigger
May 28, 2027
Earlier of this date or business day before 2027 annual meeting
Key Terms
restricted stock unit, vest, annual stockholder meeting, Class A common stock
4 terms
restricted stock unit financial
"Represents the grant of a restricted stock unit award that will vest in full on the earlier of..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"award that will vest in full on the earlier of: (x) May 28, 2027 or (y)..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual stockholder meeting financial
"the business day immediately preceding the date of the company's 2027 annual stockholder meeting."
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
Class A common stock financial
"security_title": "Class A common stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Brad Bender report in his Form 4 for ENTRAVISION COMMUNICATIONS CORP (EVC)?
Brad Bender reported receiving 16,524 restricted stock units of Class A common stock as a grant. The award was recorded at a price of $0.00 per share and increased his total restricted stock unit holdings to 195,765 units tied to Entravision.
When do Brad Bender’s newly granted ENTRAVISION (EVC) restricted stock units vest?
The 16,524 restricted stock units vest in full on the earlier of May 28, 2027 or the business day immediately preceding Entravision’s 2027 annual stockholder meeting. This single vesting date covers the entire award rather than vesting in installments over time.
What is Brad Bender’s total ENTRAVISION (EVC) equity position after this Form 4 grant?
After the grant, Brad Bender holds 195,765 restricted stock units linked to Entravision’s Class A common stock. This total includes the newly awarded 16,524 units and represents his reported direct equity-based compensation position as of the transaction date in the filing.