Form 4: iHeartMedia Executive Reports Stock Transaction
SEC Form 4 Filing
Michael B. McGuinness, EVP-Finance & Deputy CFO of iHeartMedia, Inc., reports a transaction involving Class A Common Stock on February 25, 2025.
Summary
- On February 25, 2025, Michael B. McGuinness, the EVP-Finance & Deputy CFO of iHeartMedia, Inc., reported a transaction involving the company's Class A Common Stock.
- The transaction involved the withholding of 11,993 shares for taxes upon the vesting of restricted stock units.
- The price per share was $2.2.
- Following the transaction, McGuinness beneficially owns 500,627 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 required by the SEC for corporate insiders, providing transparency into their stock transactions.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of stock transaction |
| 02/27/2025 | Date of signature on the report |
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