Entravision (NYSE: EVC) COO reports stock sales and large equity awards
Rhea-AI Filing Summary
Entravision Communications Corp.'s President and COO, acting through a family trust, reported multiple open‑market sales of Class A common stock under a Rule 10b5‑1 trading plan. On December 2, 3 and 4, 2025, the trust sold 21,259, 14,405 and 14,291 shares, respectively, at weighted average prices around $2.79 per share. After these transactions, the trust beneficially owned 291,233 Class A shares.
The report also shows 504,500 restricted stock units and two blocks of performance units tied to Class A stock, covering 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, vesting over time and based on total shareholder return hurdles.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 14,291 | $2.8002 | $40K |
| Sale | Class A common stock | 14,405 | $2.7827 | $40K |
| Sale | Class A common stock | 21,259 | $2.7905 | $59K |
| 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 $2.775 to $2.8259, 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 $2.7362 to $2.80, 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 $2.75 to $2.845, 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.
FAQ
What insider transaction did Entravision (EVC) report in this Form 4?
The President and COO, through a family trust, reported open‑market sales of 21,259, 14,405 and 14,291 shares of Entravision Class A common stock on December 2, 3 and 4, 2025, coded as sales (S).
What restricted stock units are reported for the Entravision (EVC) executive?
The filing notes 504,500 restricted stock units, which represent rights to receive shares of Entravision Class A common stock subject to vesting conditions.
What performance units tied to Entravision (EVC) stock are disclosed?
The report lists performance units covering 230,000 shares of Class A common stock expiring on January 21, 2030 and 100,000 shares expiring on January 25, 2029, each vesting over time and based on total shareholder return hurdles.
Were the Entravision (EVC) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states that the sales of Class A common stock were effected pursuant to a Rule 10b5‑1 trading plan, which is a pre‑arranged plan for trading company stock.