Entravision (EVC) COO details December stock sales and performance unit vesting
Rhea-AI Filing Summary
Entravision Communications Corp. President and COO Jeffery A. Liberman reported several sales of Class A common stock made through a family trust under a Rule 10b5-1 trading plan. On December 8, 2025, the trust sold 27,492 shares at a weighted average price of $3.0048, followed by 39,441 shares at $3.1083 on December 9 and 85,108 shares at $3.2889 on December 10.
After these transactions, the family trust indirectly holds 126,316 shares504,500 restricted stock units directly. In addition, he beneficially owns performance units covering 230,000 shares of Class A common stock vesting through January 21, 2030 and another 100,000 shares vesting through January 25, 2029, subject to both time-based and total shareholder return performance conditions.
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FAQ
What insider transactions did EVC's President and COO report in this Form 4?
The President and COO of Entravision Communications Corp. (EVC) reported three sales of Class A common stock by a family trust on December 8, 9, and 10, 2025. The trust sold 27,492, 39,441, and 85,108 shares, respectively, as part of a Rule 10b5-1 trading plan.
At what prices were the recent EVC insider share sales executed?
The reported sales of Entravision Class A common stock were executed at weighted average prices of $3.0048 on December 8, $3.1083 on December 9, and $3.2889 on December 10, 2025. Each transaction was executed across multiple trades within price ranges disclosed in the footnotes.
How many EVC shares does the reporting person still hold after these transactions?
Following the reported sales, the family trust indirectly holds 126,316 shares of Entravision Class A common stock. The reporting person also has 504,500 restricted stock units, which represent additional equity-based compensation separate from the shares held by the trust.
What performance-based equity awards does the EVC executive hold?
The executive beneficially owns performance units tied to Entravision Class A common stock, including 230,000 shares with an expiration date of January 21, 2030 and 100,000 shares with an expiration date of January 25, 2029. Each performance unit represents a contingent right to receive one share upon vesting.
How do the EVC performance units for the executive vest?
The performance units vest based on a combination of time and performance. For the 230,000-share grant, 20% vests on January 21, 2026 and 10% every six months thereafter in eight equal installments, subject to total shareholder return hurdles in four equal tranches. The 100,000-share grant follows the same pattern starting on January 25, 2025.
Were the EVC insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transactions represent sales of Class A common stock effected pursuant to a Rule 10b5-1 trading plan, which is a pre-arranged trading program designed to comply with insider trading rules.