Boelke Mark 4
Accession 0001193125-26-021424
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 8:00 PM ET
Size
6.5 KB
Accession
0001193125-26-021424
Research Summary
AI-generated summary of this filing
Entravision (EVC) CFO Mark Boelke Withholds 5,917 Shares
What Happened
Mark Boelke, Chief Financial Officer of Entravision Communications Corp (EVC), had 5,917 shares withheld (disposed) on Jan 21, 2026 to satisfy tax withholding related to the vesting of performance units. The withheld shares were recorded at $3.25 each for a total value of $19,230.
Key Details
- Transaction date: 2026-01-21; price: $3.25 per share; shares withheld/disposed: 5,917; total value: $19,230.
- Footnote F1: Withholding satisfied tax obligations from the time-based vesting on Jan 21, 2026 of 11,500 Performance Units granted Jan 21, 2025.
- Footnote F2: Filing notes holdings include 865,100 restricted stock units.
- Footnote F3: Each Performance Unit converts to one share upon vesting; vesting combines time-based schedule (20% on Jan 21, 2026, then 10% every six months in eight installments) and market-based TSR hurdles in four equal tranches.
- Filing: Report filed Jan 23, 2026 for a Jan 21, 2026 event (appears timely based on filing and event dates).
Context
This was a tax-withholding disposition (code F), not an open-market sale by the insider. Such withholdings are routine when equity awards vest and do not necessarily indicate the insider's view of the company's prospects. Performance Units are contingent awards that only convert to shares upon satisfying time and/or market conditions.
Insider Transaction Report
- Tax Payment
Class A common stock
[F1][F2]2026-01-21$3.25/sh−5,917$19,230→ 1,149,935 total
- 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 865,100 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
Documents
Issuer
ENTRAVISION COMMUNICATIONS CORP
CIK 0001109116
Related Parties
1- filerCIK 0002022654
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 8:00 PM ET
- Size
- 6.5 KB