Form 4: iHeartMedia Executive Richard J. Bressler Reports Stock Transactions

Richard J. Bressler, a director and officer of iHeartMedia, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs) on February 25, 2025, and May 18, 2025.

Summary

• Richard J. Bressler, an officer and director at iHeartMedia, reported several transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
• On February 25, 2025, Bressler acquired 256,666 shares through the vesting of RSUs and disposed of 146,659 shares.
• He also disposed of 110,007 shares to cover tax obligations related to the RSU vesting at a price of $2.2 per share.
• Following these transactions, Bressler directly owns 3,617,764 shares of Class A Common Stock.
• On May 18, 2025, Bressler acquired 141,099 shares through the vesting of RSUs and disposed of 80,624 shares.
• He also disposed of 60,475 shares to cover tax obligations related to the RSU vesting at a price of $1.24 per share.
• Following these transactions, Bressler directly owns 3,617,764 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the actions of key personnel and their holdings in the company.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
• Comparable companies like Audacy and Townsquare Media also have similar filings when their executives trade company stock.
• The transactions reported are typical for executives receiving stock-based compensation and managing their tax obligations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they reflect insider activity, but the overall impact is likely minimal given the nature of the transactions (RSU vesting and tax obligation sales).
• Employees may be indirectly affected as these transactions reflect executive compensation practices.

Key Dates

Keywords

iHeartMedia, Richard J. Bressler, Class A Common Stock, Restricted Stock Units, RSUs, Form 4, Insider Trading, Beneficial Ownership, SEC