STOCK TITAN

Major Entravision (EVC) holder cuts stake, ends cooperation deal, plans more sales

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Entravision Communications Corporation’s large stockholders updated their ownership on an amended Schedule 13D. Trusts associated with Alexandra Seros and the Walter F. Ulloa estate reported open‑market sales totaling 3,690,963 shares of Class A Common Stock between May 7 and May 19, 2026 at weighted average prices generally between about $6.60 and $9.03 per share. Following these sales, Seros beneficially owns 9,061,591 shares, or 10.96% of the Class A common stock, and the Ulloa Irrevocable Trust holds 389,848 shares, or 0.47%. The company and these stockholders also mutually terminated a prior Cooperation Agreement dated May 4, 2023, ending related board‑nomination and ownership commitments. The Survivor’s Trust currently intends, subject to market conditions and other factors, to sell up to an additional 809,037 shares over time for diversification, tax and estate planning purposes.

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Insights

Large legacy holder trims stake, ends cooperation pact but remains a 10.96% owner.

Trusts linked to the late founder Walter Ulloa and his widow, Alexandra Seros, disclosed open‑market sales of 3,690,963 Entravision Class A shares over several days in May 2026. Prices ranged roughly from the high $6 area to just above $9 per share, indicating active liquidity taking after a prior estate settlement.

Even after these sales, Seros reports beneficial ownership of 9,061,591 shares, or 10.96% of the outstanding Class A stock, while the Ulloa Irrevocable Trust holds 389,848 shares, or 0.47%. This leaves the Ulloa/Seros group as a significant but somewhat reduced shareholder block.

The mutual termination of the Cooperation Agreement dated May 4, 2023 removes formal commitments around board nominations and ownership thresholds. The Survivor’s Trust also signals an intention to sell up to an additional 809,037 shares, subject to market conditions. Future disclosures in company filings may clarify whether these planned sales materially change ownership concentration or board dynamics.

Aggregate shares sold 3,690,963 shares Open-market sales disclosed in Item 3, May 7–19, 2026
Survivor's Trust sale May 7 343,563 shares at $6.975 Weighted average price per share, open-market sale
Survivor's Trust sale May 13 685,111 shares at $8.709 Weighted average price per share, open-market sale
Seros beneficial ownership 9,061,591 shares (10.96%) Class A common stock, based on 82,686,451 shares outstanding
Ulloa Irrevocable Trust holding 389,848 shares (0.47%) Class A common stock, post-transactions
Shares outstanding baseline 82,686,451 shares Class A common stock outstanding as of May 1, 2026
Planned additional sales Up to 809,037 shares Intended Survivor's Trust open-market sales, subject to conditions
Survivor's Trust holding 7,629,180 shares (9.23%) Held of record by Survivor's Trust under Seros Ulloa Family Trust
Schedule 13D regulatory
"This Amendment No. 8 … amends and supplements Amendment No. 7 to the filed with the U.S. Securities and Exchange Commission…"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Survivor's Trust financial
"The amount set forth in rows 7, 9 and 11 above consists of 7,629,180 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of The Survivor's Trust…"
Non-Exempt Marital Trust financial
"The amount set forth in rows 7, 9 and 11 above consists of 1,087,571 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of The Non-Exempt Marital Trust…"
Bypass Trust financial
"The amount set forth in rows 7, 9 and 11 above consists of 344,840 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of The Bypass Trust…"
Cooperation Agreement regulatory
"On May 18, 2026, the Issuer and the Reporting Persons … mutually agreed to terminate the Cooperation Agreement between the parties…"
A cooperation agreement is a formal contract between two or more organizations that lays out who will do what, how resources and responsibility are shared, how benefits or costs are divided, and how disputes or exits are handled. Like two chefs agreeing on a shared recipe and kitchen duties, it matters to investors because it can create new revenue paths, shift costs or risks, affect who controls key assets or technologies, and change a company’s future growth prospects.
beneficially owned financial
"11Aggregate amount beneficially owned by each reporting person 9,061,591.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.





29382R107

(CUSIP Number)
Alexandra Seros
c/o Entravision Communications Corp., 1 Estrella Way
Burbank, CA, 91504
(310) 447-3870


Tom Strickler
c/o Entravision Communications Corp., 1 Estrella Way
Burbank, CA, 91504
(310) 447-3870

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/15/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The amount set forth in rows 7, 9 and 11 above consists of 7,629,180 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of The Survivor's Trust (the "Survivor's Trust") under The Seros Ulloa Family Trust of 1996 (the "The Seros Ulloa Family Trust"). Ms. Seros, who was the wife of the Company's late founder, Walter Ulloa, has sole voting and dispositive power over the shares held of record by the Survivor's Trust. (2) The percent of class set forth in row 13 above was calculated based on 82,686,451 shares of the Issuer's Class A Common Stock outstanding as of May 1, 2026, as disclosed in the Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") by Entravision Communications Corporation on May 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The amount set forth in rows 7, 9 and 11 above consists of 1,087,571 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of The Non-Exempt Marital Trust (the "Non-Exempt Marital Trust") under The Seros Ulloa Family Trust. Ms. Seros, who was the wife of the Company's late founder, Walter Ulloa, has sole voting and dispositive power over the shares held of record by the Non-Exempt Marital Trust. (2) The percent of class set forth in row 13 above was calculated based on 82,686,451 shares of the Issuer's Class A Common Stock outstanding as of May 1, 2026, as disclosed in the Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") by Entravision Communications Corporation on May 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The amount set forth in rows 7, 9 and 11 above consists of 344,840 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of The Bypass Trust (the "Bypass Trust") under The Seros Ulloa Family Trust. Ms. Seros, who was the wife of the Company's late founder, Walter Ulloa, has sole voting and dispositive power over the shares held of record by the Bypass Trust. (2) The percent of class set forth in row 13 above was calculated based on 82,686,451 shares of the Issuer's Class A Common Stock outstanding as of May 1, 2026, as disclosed in the Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") by Entravision Communications Corporation on May 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The amount set forth in rows 7, 9 and 11 above consists of 389,848 shares of Class A Common Stock held of record by Thomas Strickler, as Trustee of The Walter F. Ulloa Irrevocable Trust of 1996 (the "Ulloa Irrevocable Trust"). Mr. Strickler has sole voting and dispositive power over the shares held of record by the Ulloa Irrevocable Trust. (2) The percent of class set forth in row 13 above was calculated based on 82,686,451 shares of the Issuer's Class A Common Stock outstanding as of May 1, 2026, as disclosed in the Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") by Entravision Communications Corporation on May 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The amount set forth in rows 7, 9 and 11 above consists of 7,629,180 shares of Class A Common Stock held of record by Alexandra Seros, as Trustee of the Survivor's Trust, 1,087,571 shares of Class A Common Stock held of record by Ms. Seros, as Trustee of the Non-Exempt Marital Trust, and 344,840 shares of Class A Common Stock held of record by Ms. Seros, as Trustee of the Non-Exempt Marital Trust. Ms. Seros has sole voting and dispositive power over the shares held of record by the Survivor's Trust, the Non-Exempt Marital Trust and the Bypass Trust. (2) The percent of class set forth in row 13 above was calculated based on 82,686,451 shares of the Issuer's Class A Common Stock outstanding as of May 1, 2026, as disclosed in the Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") by Entravision Communications Corporation on May 5, 2026.


SCHEDULE 13D


Alexandra Seros, as Trustee of The Survivor's Trust under the Seros Ulloa Family Trust of 1996
Signature:/s/ Jeffrey C. DeMartino
Name/Title:Jeffrey C. DeMartino, by power of attorney for Alexandra Seros, Trustee
Date:05/19/2026
Alexandra Seros, as Trustee of The Non-Exempt Marital Trust under The Seros Ulloa Family Trust of 1996
Signature:/s/ Jeffrey C. DeMartino
Name/Title:Jeffrey C. DeMartino, by power of attorney for Alexandra Seros, Trustee
Date:05/19/2026
Alexandra Seros, as Trustee of The Bypass Trust under The Seros Ulloa Family Trust of 1996
Signature:/s/ Jeffrey C. DeMartino
Name/Title:Jeffrey C. DeMartino, by power of attorney for Alexandra Seros, Trustee
Date:05/19/2026
Thomas Strickler, as Trustee of The Walter F. Ulloa Irrevocable Trust of 1996
Signature:/s/ Jeffrey C. DeMartino
Name/Title:Jeffrey C. DeMartino, by power of attorney for Thomas Strickler, Trustee
Date:05/19/2026
Alexandra Seros
Signature:/s/ Jeffrey C. DeMartino
Name/Title:Jeffrey C. DeMartino, by power of attorney for Alexandra Seros
Date:05/19/2026

FAQ

How many Entravision (EVC) shares did the Ulloa and Seros trusts recently sell?

The reporting persons sold an aggregate 3,690,963 Entravision Class A shares in the open market. These transactions occurred between May 7 and May 19, 2026, across multiple trades at various prices, as detailed in Item 3 of the amended Schedule 13D.

What is Alexandra Seros’s current ownership stake in Entravision (EVC)?

Alexandra Seros reports beneficial ownership of 9,061,591 Entravision Class A shares. This represents 10.96% of the Class A common stock, calculated using 82,686,451 shares outstanding as of May 1, 2026, as disclosed in the company’s Form 10-Q filed May 5, 2026.

How many Entravision (EVC) shares does the Ulloa Irrevocable Trust hold after these sales?

The Walter F. Ulloa Irrevocable Trust holds 389,848 Entravision Class A shares. This position represents 0.47% of the outstanding Class A common stock, based on 82,686,451 shares outstanding as of May 1, 2026, per Entravision’s Form 10-Q.

Did Entravision (EVC) terminate its Cooperation Agreement with the Ulloa and Seros stockholders?

Yes. On May 18, 2026, Entravision and the reporting stockholders mutually agreed to terminate their May 4, 2023 Cooperation Agreement. As a result, all rights and obligations under that agreement, including board-nomination and ownership commitments, are no longer in effect.

Do the Entravision (EVC) reporting persons plan further stock sales?

The Survivor’s Trust currently intends to sell up to 809,037 additional Entravision Class A shares. These potential sales would occur in the open market from time to time, subject to market conditions and other factors, mainly for diversification, tax, and estate planning purposes.

What percentage of Entravision (EVC) is outstanding according to this Schedule 13D/A?

The filing uses 82,686,451 Entravision Class A shares outstanding as its baseline. This figure, dated as of May 1, 2026, comes from the company’s Quarterly Report on Form 10-Q filed with the SEC on May 5, 2026 and underpins the reported ownership percentages.