Form 4: Entravision Communications Corp. Officer Liberman Reports Stock Transactions

Jeffrey Liberman, President and COO 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, Jeffrey Liberman, President and COO of Entravision Communications Corp., had a transaction involving Class A common stock.
• The transaction involved the withholding of 45,335 shares of Class A common stock at a price of $1.64 to satisfy tax withholding obligations.
• This was due to the vesting of 73,500 restricted stock units granted on February 14, 2023.
• Following the transaction, Liberman directly owns 531,964 shares, including 358,600 restricted stock units and 173,364 shares of Class A common stock.
• Liberman also indirectly owns 254,390 shares of Class A common stock through a family trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. 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. It reflects standard practices for managing equity-based compensation and tax obligations.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.

Key Dates