Form 4: iHeartMedia Executive Acquires 2,500 Shares of Class A Common Stock
SEC Form 4 Filing
Scott D. Hamilton, a Senior Vice President at iHeartMedia, recently acquired 2,500 shares of Class A Common Stock, according to a Form 4 filing with the SEC.
Summary
- On February 25, 2024, Scott D. Hamilton, a Senior Vice President at iHeartMedia, acquired 2,500 shares of Class A Common Stock.
- The shares were acquired through stock-settled restricted stock units (RSUs) at a price of $0.00 per share.
- These RSUs vest in three equal installments on the anniversaries of February 25, 2024.
- Following the transaction, Hamilton directly owns 26,146 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an executive's stock acquisition through vested RSUs.
Future Outlook
The RSUs will vest in three equal installments on the anniversaries of February 25, 2024.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Date of transaction: Acquisition of 2,500 shares of Class A Common Stock and grant date for RSUs. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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