4Filed Jul 27, 8:00 PM ET

Entravision (EVC) CFO Mark Boelke Withholds 5,236 Shares for Taxes

$EVC · ENTRAVISION COMMUNICATIONS CORP

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Entravision (EVC) CFO Mark Boelke Withholds 5,236 Shares for Taxes

What Happened
Mark Boelke, Entravision Communications Corp.'s Chief Financial Officer and COO, had 5,236 shares withheld to satisfy tax withholding obligations tied to the vesting of performance units. The withholding was recorded at $10.68 per share, for a total value of approximately $55,920. This was a tax-withholding disposition (routine) related to the time vesting of performance-based awards, not an open-market sale intended as a directional bet.

Key Details

  • Transaction date and price: July 25, 2026 — 5,236 shares withheld at $10.68 per share (total ~$55,920).
  • Transaction type: Tax withholding to cover tax liability on vested performance units (Form 4 code F).
  • Reason: Footnote F1 states the withholding satisfied tax obligations on the time vesting (7/25/2026) of 10,000 performance units granted Jan 25, 2024.
  • Holdings note: Footnote F2 indicates reported holdings include 1,030,100 restricted stock units. The Form 4 does not provide a separate total common-share count after this withholding beyond the noted RSUs.
  • Filing: Form filed July 28, 2026 reporting the July 25 transaction (no late-filing indication provided in the report).

Context
This was a tax-withholding event tied to the vesting of performance units — effectively a "cashless" settlement where shares are retained to cover taxes. Such transactions are routine for executives receiving equity compensation and do not, by themselves, signal a buy or sell decision about the company.