Form 4: iHeartMedia Executive McGuinness Reports Share Transaction
SEC Form 4 Filing
Michael B. McGuinness, EVP-Finance & Deputy CFO of iHeartMedia, Inc., reports a transaction involving Class A Common Stock due to shares withheld for taxes upon vesting of restricted stock units.
Summary
- On May 9, 2025, Michael B. McGuinness, EVP-Finance & Deputy CFO of iHeartMedia, Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 14,275 shares for taxes upon the vesting of restricted stock units at a price of $1.26 per share.
- Following the transaction, McGuinness directly owns 486,352 shares of iHeartMedia, Inc.
- McGuinness has granted a Limited Power of Attorney to David Hillman, Scott Hamilton and Sean Fitzpatrick to handle Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of the transaction involving Class A Common Stock. |
| 05/13/2025 | Date of signature for the Power of Attorney. |
Keywords
iHeartMedia, McGuinness, Form 4, Share Transaction, Beneficial Ownership, Class A Common Stock, EVP-Finance, Deputy CFO, Power of Attorney, Section 16, Reporting Obligations
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