EVC Form 4: Seros/Family Trust Disposes of 79k Class A Shares
Rhea-AI Filing Summary
Entravision Communications Corp. (EVC) Form 4 summary: Alexandra Seros, reported as a director and 10% owner and filing on behalf of the Seros Ulloa Family Trust of 1996, disclosed multiple sales of Class A common stock executed on 09/05/2025, 09/08/2025 and 09/09/2025. The reported transactions disposed of 22,157, 32,911 and 24,359 shares at weighted-average prices of $2.47, $2.477 and $2.485, respectively, for a total of 79,427 shares sold. After the transactions, the Form 4 shows indirect beneficial ownership amounts of 11,477,016; 11,444,105; and 11,419,746 shares on the respective reporting lines and additional indirect holdings attributed to several trusts (1,087,571; 344,840; 889,848). Footnotes state the prices are weighted averages across multiple trades and describe the trusts through which the holdings are owned and disclaimed.
Positive
- Detailed disclosure of multiple transactions with share counts and weighted-average prices provided
- Clear identification of trust ownership and disclaimers describing indirect holdings through named trusts
Negative
- Total disposition of 79,427 shares across three days reducing reported indirect holdings
- Form shows decreasing post-transaction holdings on successive reporting lines (11,477,016 to 11,419,746)
Insights
TL;DR: Director/trustee sold 79,427 Class A shares across three days at ~$2.47–$2.49; ownership remains largely indirect through family trusts.
The trades are disclosed with weighted-average prices and post-transaction indirect ownership figures, indicating the sales were executed from trust-held shares. The Form 4 lists specific share counts and weighted-average prices, and includes standard disclaimers that the reporting person disclaims beneficial ownership except for any pecuniary interest. No derivative transactions are reported. The filing provides clear transactional detail useful for tracking insider liquidity but does not provide context on reasons for the sales or percentage ownership relative to total outstanding shares.
TL;DR: Routine insider disposition from trust accounts with formal disclosures and trust ownership notes; no governance red flags disclosed.
The document properly lists the reporting person, trustee relationships, transaction dates, transaction codes, shares sold, weighted-average prices and indirect ownership by named trusts. Footnotes clarify the trust structures and include the standard disclaimer of beneficial ownership by the individual trustee. There are no reported option exercises, grants, or unusual derivative activity. The signature block shows a power-of-attorney filing, consistent with delegated execution.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 24,359 | $2.485 | $61K |
| Sale | Class A common stock | 32,911 | $2.477 | $82K |
| Sale | Class A common stock | 22,157 | $2.47 | $55K |
| 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 $2.45 to $2.53, 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 $2.45 to $2.50, 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 $2.47 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.
