Entravision (NYSE: EVC) CFO uses 5,236 shares for tax withholding
Rhea-AI Filing Summary
Entravision Communications CFO and COO Mark Boelke had 5,236 Class A Common shares withheld on July 25, 2026 at $10.68 per share to satisfy a tax withholding obligation triggered by time vesting of 10,000 Performance Units granted on January 25, 2024.
After this tax-withholding disposition, Boelke directly holds 1,366,308 Class A shares, including 1,030,100 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,236 shares
Net Sell
1 txn
Insider
Boelke Mark
Role
CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 5,236 | $10.68 | $56K |
Holdings After Transaction:
Class A Common Stock — 1,366,308 shares (Direct)
Footnotes (2)
- F1. Transaction represents a withholding of common stock to satisfy tax withholding obligation due to the time vesting on July 25, 2026 of 10,000 Performance Units dated January 25, 2024.
- F2. Includes 1,030,100 restricted stock units
Key Figures
Tax-withheld shares: 5,236 shares
Withholding price: $10.68 per share
Shares held after transaction: 1,366,308 shares
+2 more
5 metrics
Tax-withheld shares
5,236 shares
Class A Common Stock withheld on July 25, 2026
Withholding price
$10.68 per share
Value used to satisfy tax withholding obligation
Shares held after transaction
1,366,308 shares
Direct Class A Common Stock holdings following tax-withholding disposition
Restricted stock units included
1,030,100 units
RSUs included within total direct holdings
Performance Units vested
10,000 units
Time vesting on July 25, 2026 of Performance Units dated January 25, 2024
Key Terms
Performance Units, restricted stock units, tax withholding obligation
3 terms
Performance Units financial
"time vesting on July 25, 2026 of 10,000 Performance Units dated January 25, 2024"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
restricted stock units financial
"Includes 1,030,100 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"to satisfy tax withholding obligation due to the time vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Entravision (EVC) executive Mark Boelke report in this Form 4?
Mark Boelke, Entravision’s CFO and COO, reported that 5,236 Class A Common shares were withheld at $10.68 per share. This tax-withholding disposition covered obligations from the time vesting of 10,000 Performance Units granted on January 25, 2024.
Was the Entravision (EVC) Form 4 transaction an open-market sale?
No. The filing shows a Form 4 code F transaction, described as payment of tax liability by delivering or withholding securities. Shares were withheld to satisfy tax withholding obligations tied to equity vesting, not sold in the open market.
What equity award triggered the tax withholding in the Entravision (EVC) Form 4?
The tax withholding arose from the time vesting on July 25, 2026 of 10,000 Performance Units dated January 25, 2024. To satisfy the related tax withholding obligation, 5,236 Class A shares were withheld instead of a cash tax payment.
Does the Entravision (EVC) Form 4 mention restricted stock units held by Mark Boelke?
Yes. A footnote states that Boelke’s reported ownership includes 1,030,100 restricted stock units. These RSUs form part of the total 1,366,308 Class A shares shown as directly held following the tax-withholding disposition.