iHeartMedia officer has 55,300 shares withheld for tax
iHeartMedia, Inc. officer David Hillman reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
iHeartMedia, Inc. officer David Hillman reported a routine tax-related share disposition. On the vesting of restricted stock units, 55,300 shares of Class A common stock were withheld to cover tax obligations at a value of $5.34 per share. After this withholding, Hillman directly holds 354,349 shares of iHeartMedia Class A common stock. This event reflects compensation-related tax settlement rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock, par value $0.001 per share | 55,300 | $5.34 | $295K |
Footnotes (1)
- F1. Transaction represents shares withheld for taxes upon vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did iHeartMedia (IHRT) report for David Hillman?
Was the iHeartMedia (IHRT) Hillman transaction an open-market sale?
What does transaction code F mean in the iHeartMedia (IHRT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.