Form 4: Entravision Communications Corp. Executive Karl Alonso Meyer Reports Stock Transaction
SEC Form 4 Filing
Karl Alonso Meyer, Chief Revenue Officer of Entravision Communications Corp., reports the withholding of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 31, 2024, Karl Alonso Meyer, the Chief Revenue Officer of Entravision Communications Corp., had 45,335 shares of Class A common stock withheld to satisfy tax obligations.
- This was due to the vesting of 73,500 restricted stock units granted on February 14, 2023.
- Following the transaction, Meyer directly owns 588,579 shares, which includes 339,850 restricted stock units and 248,729 shares of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction related to executive compensation; it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a sale on the open market.
Key Dates
| Date | Description |
|---|---|
| February 14, 2023 | Date of restricted stock unit grants (73,500 units). |
| March 31, 2024 | Date of transaction: withholding of common stock for tax obligations and vesting of restricted stock units. |
| April 01, 2024 | Date of signature for the Form 4 filing. |
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