Entravision (NYSE: EVC) director receives 16,524 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Strickler Thomas reported acquisition or exercise transactions in this Form 4 filing.
Entravision Communications Corp director Thomas Strickler received an equity grant. He was awarded 16,524 restricted stock units that will vest in full on the earlier of May 28, 2027, or the business day before the company’s 2027 annual stockholder meeting. After this grant, he holds 205,765 Class A-based interests, consisting of 10,000 shares of Class A common stock and 195,765 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Strickler Thomas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 16,524 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 205,765 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. Consists of 10,000 shares of Class A common stock and 195,765 restricted stock units.
Key Figures
RSU grant size: 16,524 units
Grant price: $0.00 per share
Total holdings after grant: 205,765 interests
+3 more
6 metrics
RSU grant size
16,524 units
Restricted stock unit award to director on May 28, 2026
Grant price
$0.00 per share
Stated price per share for the RSU award
Total holdings after grant
205,765 interests
Class A common stock and restricted stock units following transaction
Common shares held
10,000 shares
Class A common stock included in post-transaction holdings
RSUs outstanding
195,765 units
Restricted stock units included in post-transaction holdings
Vesting date
May 28, 2027
Latest possible vesting date for the 16,524-unit RSU award
Key Terms
restricted stock unit award, vest in full, annual stockholder meeting, Class A common stock
4 terms
restricted stock unit award financial
"Represents the grant of a restricted stock unit award that will vest in full"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vest in full financial
"that will vest in full on the earlier of: (x) May 28, 2027"
annual stockholder meeting financial
"or (y) 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
"Consists of 10,000 shares of Class A common stock and 195,765 restricted stock units"
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 Entravision (EVC) director Thomas Strickler receive in this Form 4 filing?
Director Thomas Strickler received 16,524 restricted stock units. These units represent a stock-based compensation award, granted at no cash cost per share, and add to his existing mix of Entravision Class A common stock and previously granted restricted stock units.
When do Thomas Strickler’s new 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 before Entravision’s 2027 annual stockholder meeting. This creates a single future vesting date tied to either time passage or the company’s stockholder meeting schedule.
How many Entravision (EVC) equity interests does Thomas Strickler hold after this grant?
After the grant, Thomas Strickler holds 205,765 Class A-based interests. This total consists of 10,000 shares of Class A common stock and 195,765 restricted stock units, combining currently owned shares with stock units scheduled to convert into shares in the future.
Is Thomas Strickler’s Entravision (EVC) award an outright stock purchase or compensation grant?
The Form 4 describes the transaction as a grant or award acquisition, not an open-market stock purchase. It is a restricted stock unit award granted at a stated price of $0.00 per share, reflecting compensation rather than a cash-funded share purchase by the director.