Form 4: iHeartMedia Executive Jordan Fasbender Reports Stock Transaction
SEC Form 4 Filing
Jordan Fasbender, Executive Vice President, General Counsel and Secretary of iHeartMedia, Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 9, 2024, Jordan Fasbender, an executive at iHeartMedia, Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 12,100 shares to cover tax obligations upon the vesting of restricted stock units.
- The price per share was $1.38.
- Following the transaction, Fasbender directly owns 252,480 shares of iHeartMedia, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock transaction (disposition of shares). |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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