MICHAEL B. MCGUINNESS - 25 Feb 2025 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Role
EVP-Finance & Deputy CFO
Signature
/s/ David Hillman, as Attorney-in-Fact for Michael B. McGuinness
Issuer symbol
IHRT
Transactions as of
25 Feb 2025
Net transactions value
-$100,001
Form type
4
Filing time
20 May 2025, 16:05:49 UTC
Previous filing
24 Feb 2025
Next filing
13 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MCGUINNESS MICHAEL B EVP-Finance & Deputy CFO 20880 STONE OAK PARKWAY, SAN ANTONIO /s/ David Hillman, as Attorney-in-Fact for Michael B. McGuinness 20 May 2025 0001543337

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 +29,166 +6% 515,518 25 Feb 2025 Direct F1
transaction IHRT Class A Common Stock, par value $0.001 per share Tax liability $23,133 -10,515 -2% $2.20 505,003 25 Feb 2025 Direct F2
transaction IHRT Class A Common Stock, par value $0.001 per share Disposed to Issuer $41,032 -18,651 -3.7% $2.20 486,352 25 Feb 2025 Direct
transaction IHRT Class A Common Stock, par value $0.001 per share Tax liability $35,836 -28,900 -5.9% $1.24 457,452 18 May 2025 Direct F3

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 -29,166 -33% 58,334 25 Feb 2025 Class A Common Stock 29,166 Direct F1
* 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 87,500 total RSUs on each of the first three anniversaries of February 25, 2024.
F2 Transaction represents cash equivalent amounts withheld for taxes upon vesting of cash-settled restricted stock units.
F3 Transaction represents shares withheld for taxes upon vesting of restricted stock units.