Brad Gerstner - 05 Jun 2024 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Jun 2024, 20:11:41 UTC
Prior SEC filing
22 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott D. Hamilton, as Attorney-in-Fact for Brad Gerstner

Key filing fact

Brad Gerstner filed Form 4 for iHeartMedia, Inc. (IHRT) on 07 Jun 2024.

Key facts

  • This page summarizes Brad Gerstner's Form 4 filing for iHeartMedia, Inc. (IHRT).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Jun 2024, 20:11.

Change

  • Previous filing in this sequence was filed on 22 May 2023.
  • Current net transaction value: +$150,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IHRT transaction

Class A Common Stock, par value $0.001 per share

Award

Transaction value
$150,000
Shares
+145,631
Change %
+85%
Price
$1.03
Shares after
316,236
Date
05 Jun 2024
Ownership
Direct
Footnotes
F1
IHRT transaction

Class A Common Stock, par value $0.001 per share

Award

Transaction value
$0
Shares
+145,631
Change %
+46%
Price
$0.000000
Shares after
461,867
Date
05 Jun 2024
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents deferred stock units ("DSUs") in lieu of cash compensation. Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs are fully vested as to one-quarter and shall vest as to one-quarter on each of June 30, 2024, September 30, 2024 and December 31, 2024. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability.

Footnote F2

Represents DSUs. Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs shall vest in full on the earlier of June 5, 2025 or the Company's 2025 annual meeting of stockholders. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability.

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