Form 4: Director Brad Bender Receives Entravision Stock Grant
Director Equity Grant
Director Brad Bender was granted 16,524 restricted stock units in Entravision Communications Corp.
Summary
- Director Brad Bender acquired 16,524 restricted stock units (RSUs) of Class A common stock on May 28, 2026.
- The grant was issued at a price of $0 per share.
- Following this transaction, the reporting person beneficially owns 195,765 shares of Class A common stock.
- The RSUs are scheduled to vest in full on May 28, 2027, or the business day before the 2027 annual stockholder meeting, whichever occurs first.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None noted.
Risks
- Vesting of shares is contingent upon continued service as a director.
- Delivery of vested shares is deferred until the reporting person ceases to be a director of the company.
Future Outlook
The RSU grant is subject to a one-year vesting period, aligning the director's tenure with the company's 2027 annual meeting cycle.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the media and communications sector.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is consistent with standard practices for publicly traded companies of similar market capitalization.
- The vesting schedule tied to annual meeting cycles is a common benchmark for board-level equity incentives.
Stakeholder Impact
- Shareholders benefit from the increased equity alignment of the board of directors.
Next Steps
- Vesting of the RSU grant on May 28, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/28/2026 | Date of the RSU grant transaction. |
| 05/29/2026 | Date the Form 4 was filed. |
| 05/28/2027 | Expected vesting date of the RSU grant. |
Keywords
Entravision, EVC, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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