Form 4: iHeartMedia Executive Sells Shares for Tax Withholding

David Hillman, Executive Vice President and Chief Legal Officer of iHeartMedia, Inc., reported a disposition of 55,300 shares of Class A Common Stock on April 28, 2026, primarily for tax withholding purposes.

Summary

• David Hillman, an executive officer at iHeartMedia, Inc., disposed of 55,300 shares of Class A Common Stock on April 28, 2026.
• The transaction was executed at a price of $5.34 per share.
• The disposition was due to shares being withheld for taxes upon the vesting of restricted stock units.
• Following this transaction, Mr. Hillman beneficially owns 354,349 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the stock disposition is a standard event for tax withholding upon vesting of restricted stock units and does not reflect a change in the executive's investment sentiment.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for executive stock transactions and typically do not indicate significant shifts in company strategy or performance unless they involve large, unexpected sales or purchases.

Key Dates

Keywords

iHeartMedia, IHRT, Form 4, Insider Trading, Stock Disposition, Executive Compensation, Tax Withholding, Restricted Stock Units