iHeartMedia executive receives new stock unit grants
iHeartMedia, Inc. director and officer Richard J. Bressler reported multiple equity-based awards dated February 17, 2026.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 387,668 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 674,083 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 669,591 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock, par value $0.001 per share | 949,306 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock, par value $0.001 per share | 278,298 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock, par value $0.001 per share | 500,000 | $0.00 | $0.00 |
Footnotes (6)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
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