EVC Form 4: Alexandra Seros and Family Trust Report Three-Class A Sales
Rhea-AI Filing Summary
Entravision Communications Corp. (EVC) Form 4 shows insider sales by Alexandra Seros and the Seros Ulloa Family Trust during 09/02/2025–09/04/2025. Ms. Seros (a director and trustee) and the Family Trust reported disposals of Class A common stock in three transactions totaling 58,468 shares sold at weighted average prices between $2.47 and $2.52. The filing lists post-transaction beneficial ownership on each reporting line: 11,538,663, 11,518,075, and 11,499,173 shares, reflecting the incremental sales. The shares are held indirectly through several trusts (Survivor's Trust, Non-Exempt Marital Trust, Bypass Trust, Ulloa Irrevocable Trust), and the filing includes footnotes with the price ranges for each grouped sale and disclaimers that the reporting persons disclaim beneficial ownership except for any pecuniary interest.
Positive
- Complete disclosure of sale dates, share amounts, weighted average prices and post-transaction beneficial ownership
- Clear identification of indirect ownership through named trusts with explanatory footnotes and disclaimers
- No derivative transactions reported, indicating these were straightforward open-market sales
Negative
- Insider sales totaling 58,468 shares over three days (09/02/2025–09/04/2025), which may attract investor attention
- Sales executed by power of attorney, which may prompt questions about who authorized specific trades (documented here but may merit follow-up)
Insights
TL;DR: Routine insider sales of 58,468 Class A shares over three days at ~$2.47–$2.52; ownership remains concentrated via family trusts.
The transactions are disclosed as outright sales (code S) across three dates with weighted average prices and explicit footnotes giving price ranges. Aggregate shares sold (58,468) are small relative to the multi-million share holdings reported post-transaction, so the economic dilution or signal to the market appears limited. No derivative transactions were reported. For investors, this is a transparency event showing trust-based ownership structure and routine liquidity by family/trust vehicles rather than a change in control.
TL;DR: Disclosure is detailed and includes trust ownership and disclaimers; sales executed via trustee with power of attorney signature.
The Form 4 provides required particulars: reporting person roles, relationship as director and 10% owner, specific sale dates, share amounts, weighted average prices, and post-transaction beneficial ownership figures. Signatures show transactions reported by power of attorney. Footnotes clearly attribute indirect ownership to specific trusts and include standard disclaimers of beneficial ownership except to the extent of pecuniary interest. This filing meets governance disclosure expectations for insider activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 18,902 | $2.47 | $47K |
| Sale | Class A common stock | 20,588 | $2.48 | $51K |
| Sale | Class A common stock | 18,978 | $2.52 | $48K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.5275 to $2.54, inclusive. The Reporting Person undertakes to provide to Entravision Communications Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. These securities are owned directly by the Survivor's Trust under the Family Trust, and indirectly by Alexandra Seros as the trustee of such trust. Ms. Seros disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, if any. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.46 to $2.52, inclusive. The Reporting Person undertakes to provide to Entravision Communications Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.435 to $2.505, inclusive. The Reporting Person undertakes to provide to Entravision Communications Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. These securities are owned directly by the Non-Exempt Marital Trust under the Family Trust, and indirectly by Alexandra Seros as the trustee of such trust. Ms. Seros disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, if any. These securities are owned directly by the Bypass Trust under the Family Trust, and indirectly by Alexandra Seros as the trustee of such trust. Ms. Seros disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, if any. These securities are owned directly by the Ulloa Irrevocable Trust and indirectly by Thomas Strickler as the sole trustee of such trust. Alexandra Seros disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, if any.
