Form 4: Entravision Communications Corp: Officer Juan Saldivar von Wuthenau Reports Stock Transaction

Juan Saldivar von Wuthenau, Chief Strategy & Business Development Officer of Entravision Communications Corp, reports a transaction involving Class A common stock due to tax withholding obligations upon vesting of restricted stock units.

Summary

• On March 31, 2024, Juan Saldivar von Wuthenau, Chief Strategy & Business Development Officer of Entravision Communications Corp, had shares of Class A common stock withheld to cover tax obligations.
• This transaction was related to the vesting of 73,500 restricted stock units granted on February 14, 2023.
• A total of 37,985 shares were withheld at a price of $1.64 per share.
• Following the transaction, Saldivar von Wuthenau directly owns 288,013 shares of Class A common stock and 339,850 restricted stock units, resulting in a total of 627,863 shares beneficially owned.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by an officer, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a standard tax withholding process.

Key Dates