4//SEC Filing
JEFFERY LIBERMAN A 4
Accession 0001193125-26-021422
CIK 0001109116other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 8:00 PM ET
Size
7.3 KB
Accession
0001193125-26-021422
Research Summary
AI-generated summary of this filing
Entravision (EVC) President Jeffery Liberman Withholds Shares for Taxes
What Happened
- Jeffery Liberman, President and COO of Entravision Communications Corp (EVC), had 11,500 performance units vest on January 21, 2026. To satisfy tax withholding obligations tied to that vesting, 7,642 shares of Class A common stock were withheld (transaction code F) at $3.25 per share, totaling $24,837. This is a tax-withholding/cashless retention, not an open-market sale.
Key Details
- Transaction date: January 21, 2026; Filing date: January 23, 2026 (timely — within the Form 4 filing window).
- Withheld shares: 7,642 at $3.25 per share; total value $24,837.
- Trigger: Vesting of 11,500 Performance Units dated January 21, 2025; approximately 66.5% of the vested units were withheld to cover taxes (7,642 / 11,500).
- Holdings note: Filing footnote indicates inclusion of 665,100 restricted stock units (per footnote F2).
- Footnote on awards: Each Performance Unit converts to one share upon vesting; vesting includes time-based and market-based (total shareholder return) conditions (see footnote F3).
- Transaction type: F = tax withholding to satisfy tax liability on vested awards (routine, not a directional trade).
Context
- This was not a market sale or a purchase — shares were retained/withheld to meet tax obligations resulting from award vesting (a common administrative transaction).
- The Performance Units vest partly by time (20% on Jan 21, 2026; then 10% every six months in eight installments) and partly by market-based TSR hurdles in four equal tranches, so future vesting depends on those conditions.
Insider Transaction Report
Form 4
JEFFERY LIBERMAN A
President and COO
Transactions
- Tax Payment
Class A common stock
[F1][F2]2026-01-21$3.25/sh−7,642$24,837→ 668,958 total
Holdings
- 119,454(indirect: By Trust)
Class A common stock
- 272,500
Performance Units
[F3]Exp: 2030-01-21→ Class A common stock (272,500 underlying)
Footnotes (3)
- [F1]Transaction represents a withholding of common stock to satisfy tax withholding obligation due to the time vesting on January 21, 2026 of 11,500 Performance Units dated January 21, 2025.
- [F2]Includes 665,100 restricted stock units.
- [F3]Each Performance Unit represents a contingent right to receive one share of the Issuer'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.
Signature
/s/ Jeffrey C. DeMartino by power of attorney for Jeffery A. Liberman|2026-01-23
Documents
Issuer
ENTRAVISION COMMUNICATIONS CORP
CIK 0001109116
Entity typeother
Related Parties
1- filerCIK 0001245887
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 8:00 PM ET
- Size
- 7.3 KB