CMLS.Cumulus Media INC

SCHEDULE: Seaport Global Discloses 1.8% Stake in Cumulus Media

Sentiment:

Beneficial Ownership Disclosure

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Seaport Global Asset Management LLC reported a 1.8% beneficial ownership stake in Cumulus Media Inc.'s Class A Common Stock as of September 30, 2025.

Summary

  • Seaport Global Asset Management LLC reported beneficial ownership of 311,271 shares of Cumulus Media Inc. Class A Common Stock.
  • This stake represents 1.8% of the Issuer's outstanding Class A Common Stock.
  • The percentage is calculated based on 17,128,043 shares of Class A Common Stock issued and outstanding as of July 31, 2025.
  • Seaport Global Asset Management LLC holds sole voting and dispositive power over all 311,271 shares.
  • The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Cumulus Media Inc.

Sentiment

Score: 5

Explanation: Neutral. This filing is a routine disclosure of institutional ownership and does not contain information that would significantly alter the company's perceived value or outlook.

Stakeholder Impact

  • Shareholders: Disclosure of an institutional investor's stake provides transparency regarding ownership structure.

Key Dates

DateDescription
2025-07-31Date as of which 17,128,043 shares of Class A Common Stock were reported outstanding in the Issuer's Form 10-Q.
2025-09-30Date of event requiring the filing of this statement.
2025-10-02Date of filing of this statement by Seaport Global Asset Management LLC.

Keywords

Cumulus Media, Seaport Global Asset Management, Class A Common Stock, SEC Filing, Schedule 13G, Institutional Ownership, Media, Radio

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