Large stock and RSU awards to iHeartMedia (IHRT) executive Bressler
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
iHeartMedia, Inc. director and officer Richard J. Bressler reported multiple equity-based awards dated February 17, 2026. He acquired several blocks of restricted stock units (RSUs) tied to previously granted performance stock units, which convert into one share of Class A common stock per unit if service-based vesting conditions are met.
The RSUs vest on different schedules, including full vesting on May 18, 2026 and February 20, 2028, and one-third vesting annually over three years from February 17, 2026. He also received Class A common stock awards granted at no cash cost, all subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
BRESSLER RICHARD J
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 387,668 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 674,083 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 669,591 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.001 per share | 949,306 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.001 per share | 278,298 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.001 per share | 500,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 387,668 shares (Direct);
Class A Common Stock, par value $0.001 per share — 4,567,070 shares (Direct)
Footnotes (1)
- Reflects restricted stock units ("RSUs") following the satisfaction of performance criteria for previously granted performance stock units ("PSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in full on May 18, 2026, subject to the Reporting Person's continued service with the Issuer. Reflects RSUs following the partial satisfaction of performance criteria for previously granted PSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in full on February 20, 2028, subject to the Reporting Person's continued service with the Issuer. Reflects stock-settled restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of February 17, 2026, subject to the Reporting Person's continued service with the Issuer. Reflects cash-settled RSUs following the satisfaction of performance criteria for previously granted cash-settled PSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A Common Stock on the applicable vesting date. The cash-settled RSUs will vest in full on May 18, 2026, subject to the Reporting Person's continued service with the Issuer. Reflects cash-settled RSUs following the partial satisfaction of performance criteria for previously granted cash-settled PSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A Common Stock on the applicable vesting date. The cash-settled RSUs will vest in full on February 20, 2028, subject to the Reporting Person's continued service with the Issuer. Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A Common Stock on the applicable vesting date. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of February 17, 2026.