Entravision (EVC) COO Liberman sells 12,876 shares, holds major awards
Rhea-AI Filing Summary
Entravision Communications Corp. reported an insider stock transaction by its President and COO, Jeffery A. Liberman. On 12/05/2025, a family trust associated with him sold 12,876 shares of Class A common stock at a weighted average price of $2.7735 per share under a pre-arranged Rule 10b5-1 trading plan. After this sale, the trust held 278,357 shares, and he also beneficially owned 504,500 shares through restricted stock units. In addition, he held derivative awards in the form of performance units tied to 230,000 shares vesting through January 21, 2030 and 100,000 shares vesting through January 25, 2029, subject to time-based schedules and market-based total shareholder return hurdles.
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FAQ
What insider transaction did Entravision Communications Corp (EVC) disclose?
The company disclosed that its President and COO, Jeffery A. Liberman, through a family trust, sold 12,876 shares of Class A common stock on 12/05/2025 under a Rule 10b5-1 trading plan.
At what price were the EVC shares sold in this Form 4 filing?
The reported sale price was a weighted average of $2.7735 per share, with individual trades executed between $2.76 and $2.82 per share.
How many Entravision (EVC) shares does Jeffery A. Liberman beneficially own after the transaction?
Following the sale, a family trust associated with him held 278,357 shares of Class A common stock, and he also beneficially owned 504,500 shares through restricted stock units.
What derivative awards tied to EVC stock does Jeffery A. Liberman hold?
He holds performance units linked to 230,000 shares of Class A common stock with an expiration date of 01/21/2030 and 100,000 shares with an expiration date of 01/25/2029.
How do the EVC performance units for Jeffery A. Liberman vest?
Each performance unit represents a contingent right to receive one share of Class A common stock. The units vest based on a combination of time-based vesting (starting with 20% on the specified January dates and 10% every six months thereafter in eight installments) and market-based total shareholder return hurdles in four equal tranches.
Was the EVC insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale of 12,876 shares of Class A common stock on 12/05/2025 was effected pursuant to a Rule 10b5-1 trading plan.