EVC Form 4: Alexandra Seros reports three August 2025 sales totaling 83,492 shares
Rhea-AI Filing Summary
Alexandra Seros and the Seros Ulloa Family Trust reported multiple sales of Entravision Communications Corp. (EVC) Class A common stock in August 2025. On 08/22/2025 the filer sold 35,747 shares at a weighted-average price of $2.449, leaving 11,702,594 shares beneficially owned. On 08/25/2025 an additional 18,097 shares were sold at a weighted-average $2.477, reducing beneficial ownership to 11,684,497. On 08/26/2025 a further 29,648 shares were sold at a weighted-average $2.458, leaving 11,654,849 shares. The filing states these shares are owned indirectly through several trusts, including a Survivor's Trust, a Non-Exempt Marital Trust (1,087,571 shares), a Bypass Trust (344,840 shares) and the Walter F. Ulloa Irrevocable Trust (889,848 shares). The footnotes disclose that reported prices are weighted averages across specified price ranges and that the reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
Positive
- Timely, detailed disclosure of multiple transactions with weighted-average prices and explanatory footnotes
- Clear identification of indirect ownership through named trusts and inclusion of trustee signature/power-of-attorney
Negative
- Aggregate disposals of 83,492 shares over three trading days (08/22/2025–08/26/2025), which may be material depending on total outstanding shares
Insights
TL;DR: Insider sales of 83,492 EVC Class A shares occurred over three days in August 2025; filings disclose indirect trust ownership and weighted-average prices.
The transactions total 83,492 shares sold across 08/22, 08/25 and 08/26/2025 with weighted-average prices reported per footnotes. The filing clarifies indirect ownership structures through multiple trusts and contains standard disclaimers of beneficial ownership by the trustee. For investors this is a routine Section 16 disclosure of disposition activity rather than new corporate events; the materiality depends on these share counts relative to total outstanding shares which is not provided in the filing.
TL;DR: Filing meets Section 16 disclosure norms; trust definitions and price-range footnotes improve transparency.
The Form 4 properly reports each disposal date, amounts and weighted-average prices and explains ownership via Survivor's, Marital and Bypass trusts and an irrevocable trust. The trustee signature and power-of-attorney execution are included. These elements reflect compliant insider reporting and helpful granularity on price ranges, reducing ambiguity about execution details.