EVC (NYSE) Form 144 lists option-exercise shares for potential resale

Rhea-AI Filing Summary

EVC Filing: proposed resale of Class A Common Stock under Form 144. The filing lists multiple prior issuances from exercise of stock options that are the securities intended for sale, with specific cashless-exercise allotments recorded on 05/27/2021, 05/17/2022, 05/18/2022, 05/19/2022, 05/26/2022, 05/09/2023, and 06/08/2023.

The notice identifies these shares as Class A Common Stock and lists the broker-dealer and exchange details. The filing is a regulatory notice of intended resale rather than a completed market sale.

Insights

Securities Compliance Expert

Form 144 lists previously issued shares from option exercises that may be resold.

The filing enumerates specific cashless option exercises by date and share counts, which is the typical disclosure for a Form 144 resale notice. It does not report completed sales or proceeds.

Regulatory attention focuses on holding-period and volume limits; subsequent public filings will show whether and when resale transactions occur.

Key Figures

Exercise allotment: 17,058 shares Exercise allotment: 63,388 shares Exercise allotment: 91,164 shares +4 more

7 metrics

Exercise allotment 17,058 shares exercise date <date>05/27/2021</date>

Exercise allotment 63,388 shares exercise date <date>05/17/2022</date>

Exercise allotment 91,164 shares exercise date <date>05/18/2022</date>

Exercise allotment 45,448 shares exercise date <date>05/19/2022</date>

Exercise allotment 24,366 shares exercise date <date>05/26/2022</date>

Exercise allotment 50,000 shares exercise date <date>05/09/2023</date>

Exercise allotment 33,262 shares exercise date <date>06/08/2023</date>

Key Terms

Form 144, Cashless exercise, Class A Common Stock

3 terms

Form 144 regulatory

"144: Securities To Be Sold — notice of proposed sale of securities"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Cashless exercise financial

"Cashless Class A Common Stock — exercise of stock option"

A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.

Class A Common Stock financial

"144: Securities To Be Sold — Class A Common Stock listed"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	324686	3136466.76	82686451	06/12/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	05/27/2021	Exercise of Stock Option	Issuer			17058	05/27/2021	Cashless
Class A Common Stock	05/17/2022	Exercise of Stock Option	Issuer			63388	05/17/2022	Cashless
Class A Common Stock	05/18/2022	Exercise of Stock Options	Issuer			91164	05/18/2022	Cashless
Class A Common Stock	05/19/2022	Exercise of Stock Options	Issuer			45448	05/18/2022	Cashless
Class A Common Stock	05/26/2022	Exercise of Stock Options	Issuer			24366	05/26/2022	Cashless
Class A Common Stock	05/09/2023	Exercise of Stock Options	Issuer			50000	05/09/2023	Cashless
Class A Common Stock	06/08/2023	Exercise of Stock Options	Issuer			33262	06/08/2023	Cashless

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does EVC's Form 144 disclose about the securities?

It discloses proposed resale of Class A Common Stock originating from option exercises recorded on specific dates. The filing lists exercise dates and share counts but does not report completed sales or proceeds.

How many shares from option exercises are listed in the Form 144 for EVC?

The filing lists multiple cashless option-exercise allotments including 17,058, 63,388, 91,164, 45,448, 24,366, 50,000, and 33,262 shares tied to their respective exercise dates.

Does the Form 144 show that EVC received proceeds from these sales?

No. The filing is a notice of proposed resale; it lists shares originating from option exercises but does not state that sales occurred or that the issuer received proceeds.

Are the listed shares from EVC registered or already sold according to the filing?

The submission lists shares resulting from prior option exercises as the securities to be sold; it does not state that registration or completed resale has occurred in this excerpt.

Where and how are the shares in EVC's Form 144 intended to be sold?

The Form notes exchange and broker-dealer fields including an NYSE reference; the excerpt does not specify exact sale methods or timing for the proposed resale.