Entravision CRO granted 100,000 RSUs and units vest
Entravision Communications Corp’s Chief Revenue Officer Juan Navarro reported new equity awards and a related vesting event.
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Rhea-AI Filing Summary
Entravision Communications Corp’s Chief Revenue Officer Juan Navarro reported new equity awards and a related vesting event. On 01/15/2026, he received an award of 100,000 restricted stock units of Class A common stock at a grant price of $0. According to the filing, these units vest 25% each on December 20 of 2026, 2027, 2028 and 2029.
The same day, 11,250 Performance Units were converted (code M) into 11,250 shares of Class A common stock at $0 per share, increasing his directly held Class A common stock to 356,900 shares after the transactions. Each Performance Unit represents a contingent right to one share, with vesting based on a mix of time-based schedules starting on 01/21/2026 and market-based total shareholder return hurdles. Following the derivative transaction, Navarro held 33,750 Performance Units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Units | 11,250 | $0.00 | $0.00 |
| Grant/Award | Class A common stock | 100,000 | $0.00 | $0.00 |
| Exercise | Class A common stock | 11,250 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents an award of 100,000 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 182,500 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 193,750 restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How do the new 100,000 restricted stock units for EVC’s CRO vest?
The 100,000 restricted stock units awarded to Juan Navarro vest in four equal tranches: 25% on December 20, 2026; 25% on December 20, 2027; 25% on December 20, 2028; and 25% on December 20, 2029.
What are Performance Units in the EVC Form 4 and how do they vest?
Each Performance Unit gives a contingent right to receive one share of Entravision Class A common stock upon vesting. Vesting combines time-based vesting—20% on 01/21/2026 and 10% every six months thereafter in eight equal installments—and a market-based vesting condition tied to total shareholder return hurdles in four equal tranches.
How many Performance Units did EVC’s CRO hold after the Form 4 transactions?
Following the conversion of 11,250 Performance Units on 01/15/2026, Juan Navarro held 33,750 Performance Units directly, as reported in the derivative securities table.
AI-generated analysis. How Rhea-AI works. Not financial advice.