Form 4: iHeartMedia Director Kamakshi Sivaramakrishnan Acquires Restricted Stock Units

Director Kamakshi Sivaramakrishnan acquired 121,951 restricted stock units of iHeartMedia, Inc. on May 13, 2025.

Summary

• Kamakshi Sivaramakrishnan, a director of iHeartMedia, Inc., reported the acquisition of 121,951 restricted stock units (RSUs) on May 13, 2025.
• The RSUs will vest on the earlier of May 13, 2026, or the company's 2026 annual meeting of stockholders.
• Following the transaction, Sivaramakrishnan directly owns 385,912 shares of Class A Common Stock.
• David Hillman, acting as Attorney-in-Fact, signed the report on May 15, 2025, on behalf of Kamakshi Sivaramakrishnan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs by a director is generally a good sign, but it's a routine transaction.

Positives

• The acquisition of RSUs by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest on the earlier of May 13, 2026, or the company's 2026 annual meeting of stockholders, indicating a future event tied to the company's performance or timeline.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of RSUs by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

iHeartMedia, Sivaramakrishnan, Director, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, Acquisition