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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 12,876 | $2.7735 | $36K |
| 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 $2.76 to $2.82, 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 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.
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.