ROBERT W. PITTMAN - 25 Feb 2025 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Role: Chairman and CEO, Director
Signature: /s/ David Hillman, as Attorney-in-Fact for Robert W. Pittman
Issuer symbol: IHRT
Transactions as of: 25 Feb 2025
Net transactions value: -$739,628
Form type: 4
Filing time: 20 May 2025, 16:05:15 UTC
Previous filing: 24 Feb 2025
Next filing: 06 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
PITTMAN ROBERT W	Chairman and CEO, Director	20880 STONE OAK PARKWAY, SAN ANTONIO	/s/ David Hillman, as Attorney-in-Fact for Robert W. Pittman	20 May 2025	0001128482

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IHRT	Class A Common Stock, par value $0.001 per share	Options Exercise		+256,666	+5.8%		4,698,055	25 Feb 2025	Direct	F1, F2
transaction	IHRT	Class A Common Stock, par value $0.001 per share	Tax liability	$242,015	-110,007	-2.3%	$2.20	4,588,048	25 Feb 2025	Direct	F2, F3
transaction	IHRT	Class A Common Stock, par value $0.001 per share	Disposed to Issuer	$322,650	-146,659	-3.2%	$2.20	4,441,389	25 Feb 2025	Direct	F2
transaction	IHRT	Class A Common Stock, par value $0.001 per share	Options Exercise		+141,099	+3.2%		4,582,488	18 May 2025	Direct	F2, F4
transaction	IHRT	Class A Common Stock, par value $0.001 per share	Tax liability	$74,989	-60,475	-1.3%	$1.24	4,522,013	18 May 2025	Direct	F2, F3
transaction	IHRT	Class A Common Stock, par value $0.001 per share	Disposed to Issuer	$99,974	-80,624	-1.8%	$1.24	4,441,389	18 May 2025	Direct	F2
holding	IHRT	Class A Common Stock, par value $0.001 per share						21,732	25 Feb 2025	By Pittman CC, LLC	F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IHRT	Restricted Stock Units	Options Exercise		-256,666	-33%		513,334	25 Feb 2025	Class A Common Stock	256,666		Direct	F1
transaction	IHRT	Restricted Stock Units	Options Exercise		-141,099	-50%		141,100	18 May 2025	Class A Common Stock	141,099		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the original grant of 770,000 total RSUs on each of the first three anniversaries of February 25, 2024.
F2	Includes shares of Class A Common Stock as well as RSUs subject to time vesting conditions and performance stock units subject to achievement of certain absolute total stockholder return goals calculated over a five-year performance period.
F3	Transaction represents cash equivalent amounts withheld for taxes upon vesting of cash-settled restricted stock units.
F4	Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the original grant of 423,298 total RSUs on each of the first three anniversaries of May 18, 2023.
F5	The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.