Entravision (EVC) CFO awarded 500,000 RSUs and converts 57,500 units
Rhea-AI Filing Summary
Entravision Communications’ Chief Financial Officer Mark Boelke reported new equity awards and vesting activity in the company’s Class A common stock. On January 15, 2026, he received an award of 500,000 restricted stock units, with 25% scheduled to vest on each of December 20, 2026, 2027, 2028 and 2029. The award was recorded at a price of $0 per share, reflecting a stock-based compensation grant rather than a market purchase.
On the same date, 57,500 Performance Units were converted (transaction code M) into 57,500 shares of Class A common stock at $0 per share. Each Performance Unit represents a contingent right to one share, subject to both time-based vesting and a market-based total shareholder return condition, with 20% vesting on January 21, 2026 and 10% vesting every six months thereafter in eight installments. After these transactions, Boelke beneficially owned 1,155,852 shares of Class A common stock and 272,500 Performance Units, which include substantial restricted stock unit components.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Units | 57,500 | $0.00 | $0.00 |
| Grant/Award | Class A common stock | 500,000 | $0.00 | $0.00 |
| Exercise | Class A common stock | 57,500 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents an award of 500,000 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.
- F2. Includes 819,100 restricted stock units.
- F3. 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.
- F4. Includes 876,600 restricted stock units.
FAQ
What insider transactions did EVC CFO Mark Boelke report on January 15, 2026?
How do the 500,000 restricted stock units granted to EVCs CFO vest?
What are the terms of the Performance Units reported by EVC CFO Mark Boelke?
How many Performance Units does EVCs CFO hold after the January 15, 2026 transactions?
Were any of EVC CFO Mark Boelkes January 15, 2026 transactions open-market purchases or sales?
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