Entravision (EVC) CFO Mark Boelke Withholds 12,044 Shares

What Happened

• Mark Boelke, Chief Financial Officer and Chief Operating Officer of Entravision Communications Corp (EVC), had 12,044 shares withheld on July 21, 2026 to satisfy tax withholding related to the vesting of performance units. The withheld shares were valued at $10.85 each, totaling approximately $130,677.
• This was a tax-withholding/net share settlement tied to the time vesting of 23,000 Performance Units (grant dated January 21, 2025), not an open-market sale.

Key Details

• Transaction date: 2026-07-21; Filing date (Form 4): 2026-07-23 (timely filing).
• Price per share: $10.85; Shares withheld/disposed: 12,044; Proceeds/value surrendered for taxes: ~$130,677.
• Footnote F1: Withholding satisfied tax obligations on the vesting of 23,000 performance units dated Jan 21, 2025.
• Footnote F2: Filing notes include 1,040,100 restricted stock units as part of reported holdings.
• Transaction code: F = tax withholding / payment of tax liability. This is a routine tax-related disposition, not an investment decision to sell shares.

Context

• This was a net settlement/withholding to cover tax liability upon vesting (common payroll tax treatment), so it should not be read as a directional insider sell signal. For derivative/award transactions, the important detail is that units vested and shares were withheld to meet tax obligations rather than sold on the open market.