iHeartMedia (IHRT) director Rasulo awarded 35,629 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rasulo James A reported acquisition or exercise transactions in this Form 4 filing.
iHeartMedia, Inc. director James A. Rasulo received an equity grant of 35,629 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the earlier of June 4, 2027 or the company’s 2027 annual meeting of stockholders.
After this award, Rasulo directly holds 496,902 shares of Class A Common Stock. This is a non-cash, compensation-related grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rasulo James A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 per share | 35,629 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 per share — 496,902 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 35,629 units
Shares after grant: 496,902 shares
RSU vesting date: June 4, 2027
3 metrics
RSUs granted
35,629 units
Equity award to director James A. Rasulo
Shares after grant
496,902 shares
Class A Common Stock directly held post-transaction
RSU vesting date
June 4, 2027
Vests on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, annual meeting of stockholders
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting of stockholders financial
"The RSUs shall vest in full on the earlier of June 4, 2027 or the Company's 2027 annual meeting of stockholders."
FAQ
What insider transaction did iHeartMedia (IHRT) report for James A. Rasulo?
iHeartMedia reported that director James A. Rasulo received 35,629 restricted stock units as an equity grant. Each unit represents a contingent right to one share of Class A Common Stock, vesting fully on a future date.
When do James A. Rasulo’s new iHeartMedia (IHRT) RSUs vest?
The 35,629 restricted stock units granted to James A. Rasulo vest in full on the earlier of June 4, 2027 or iHeartMedia’s 2027 annual meeting of stockholders. Vesting must occur before he receives the underlying Class A shares.
What type of security was granted to James A. Rasulo by iHeartMedia (IHRT)?
James A. Rasulo was granted restricted stock units, or RSUs, tied to iHeartMedia Class A Common Stock. Each RSU is a contingent right to receive one share, subject to vesting conditions based on time and the company’s 2027 shareholder meeting.
Was James A. Rasulo’s iHeartMedia (IHRT) transaction a market buy or sell?
The transaction was a grant or award acquisition, not an open-market buy or sell. Rasulo received 35,629 restricted stock units as compensation, with no purchase price and future delivery of shares after vesting conditions are satisfied.