Form 4: Entravision Communications CFO Christopher Young Reports Stock Transaction
SEC Form 4 Filing
Christopher Young, CFO of Entravision Communications, reports a transaction involving Class A common stock related to tax obligations from vesting restricted stock units.
Summary
- On March 31, 2024, Christopher Young, the CFO of Entravision Communications Corp, engaged in a transaction involving Class A common stock.
- The transaction involved the withholding of 45,335 shares to cover tax obligations arising from the vesting of 73,500 restricted stock units granted on February 14, 2023.
- The price per share for the transaction was $1.64.
- Following the transaction, Young directly owns 368,015 shares of Class A common stock, which includes 339,850 restricted stock units.
- Young also has indirect beneficial ownership of 372,921 shares held by a family trust.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the CFO's personal stock holdings and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/14/2023 | Date of restricted stock unit grants (73,500 units). |
| 03/31/2024 | Date of the stock transaction (withholding for tax obligations). |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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