Entravision Communications (EVC) COO reports stock sales and performance units
Rhea-AI Filing Summary
Entravision Communications executive Jeffrey A. Liberman, the company’s President and COO, reported insider sales of Class A common stock made under a pre-arranged Rule 10b5-1 trading plan. On December 11, 2025, a family trust sold 21,892 shares at a weighted average price of $3.2369 per share, followed by 25,914 shares at $3.147 on December 12, 2025, and 20,153 shares at $3.1541 on December 15, 2025.
After these transactions, he beneficially owned 58,357 shares of Class A common stock indirectly through a family trust and 504,500 restricted stock units directly. He also holds 230,000 and 100,000 performance units, each representing a contingent right to receive one share of Class A common stock, with vesting based on a combination of time-based schedules starting on January 25, 2025 and January 21, 2026 and market-based total shareholder return hurdles in four tranches.
Positive
- None.
Negative
- None.
Insights
Routine pre-planned insider sales alongside sizable time- and performance-based equity awards.
Jeffrey A. Liberman, President and COO of Entravision Communications, reported sales of Class A common stock executed indirectly through a family trust under a Rule 10b5-1 trading plan. The reported sales on December 11, 12, and 15, 2025 occurred at weighted average prices around $3.15–$3.24 per share, indicating an orderly disposition rather than a single block sale.
Following these trades, he continued to hold 58,357 shares indirectly, 504,500 restricted stock units, and performance units tied to 230,000 and 100,000 underlying shares of Class A common stock. The performance units vest based on both time-based schedules, with 20% vesting on January 25, 2025 and January 21, 2026 plus 10% every six months thereafter, and market-based total shareholder return hurdles in four tranches. Overall, the filing describes routine executive equity activity without signaling a clear change in the company’s fundamentals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 20,153 | $3.1541 | $64K |
| Sale | Class A common stock | 25,914 | $3.147 | $82K |
| Sale | Class A common stock | 21,892 | $3.2369 | $71K |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- Transaction represents a sale of shares of Class A common stock effected pursuant to a Rule 10b5-1 trading plan. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.215 to $3.27, 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 $3.09 to $3.26, inclusive. The Reporting Person undertakes to provide to 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 $3.12 to $3.20, inclusive. The Reporting Person undertakes to provide to 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. Includes 504,500 restricted stock units. Each Performance Unit represents a contingent right to receive one share of the Issuer's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 21, 2026 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches. Each Performance Unit represents a contingent right to receive one share of the Issuer's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 25, 2025 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches.
