Entravision (EVC) president COO details tax withholding and performance units
Rhea-AI Filing Summary
Entravision Communications president and COO Jeffery A. Liberman reported an equity transaction involving the company’s Class A common stock. On December 20, 2025, 124,303 shares of Class A common stock were disposed of at $3.18 per share in a transaction coded “F,” reflecting shares withheld to cover taxes due on the vesting of previously granted restricted stock units.
Following this tax-withholding event, Liberman beneficially owned 319,100 shares directly, including 319,100 restricted stock units, and 119,454 shares indirectly through a family trust. He also held performance-based equity awards: 230,000 performance units tied to Class A common stock with an expiration date of January 21, 2030, and 100,000 performance units with an expiration date of January 25, 2029. Each performance unit can convert into one share upon vesting, which depends on both time-based schedules and total shareholder return hurdles.
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FAQ
What insider transaction did EVC’s president and COO report?
Jeffery A. Liberman reported a transaction on December 20, 2025 in which 124,303 shares of Entravision Class A common stock were disposed of at $3.18 per share in a transaction coded “F,” indicating shares were withheld to satisfy tax obligations on vested restricted stock units.
How many Entravision (EVC) shares does Jeffery A. Liberman own after this Form 4?
After the reported transaction, Liberman beneficially owned 319,100 Class A shares directly, including 319,100 restricted stock units, and an additional 119,454 Class A shares indirectly through a family trust.
What do the performance units held by EVC’s president represent?
Each performance unit represents a contingent right to receive one share of Entravision Class A common stock upon vesting. Vesting is based on a combination of time-based schedules and market-based total shareholder return hurdles, in multiple tranches.
How many performance units tied to Entravision (EVC) stock does the insider hold?
Liberman holds 230,000 performance units with an expiration date of January 21, 2030, and 100,000 performance units with an expiration date of January 25, 2029, each linked to Entravision Class A common stock.
Why were 124,303 Entravision (EVC) shares disposed of in this filing?
The filing explains that the transaction reflects a withholding of 124,303 Class A common shares to satisfy tax withholding obligations arising from the vesting on December 20, 2025 of restricted stock unit grants awarded on multiple prior dates.
What is Jeffery A. Liberman’s role at Entravision Communications (EVC)?
Liberman is identified as an officer of Entravision Communications, serving as President and COO, and he is the reporting person on this Form 4.