iHeartMedia officer granted 109,649 RSUs
Rhea-AI Filing Summary
Hillman David reported acquisition or exercise transactions in this Form 4 filing.
iHeartMedia, Inc. officer David Hillman reported an equity award of 109,649 shares of Class A common stock in the form of stock-settled restricted stock units (RSUs). The award was recorded at a price of $0.0000 per share, reflecting that it is a grant, not an open-market purchase.
Each RSU represents a right to receive one share of Class A common stock, and the RSUs will vest in three equal installments on each of the first three anniversaries of February 17, 2026, as long as Hillman continues to serve the company. After this grant, his directly owned Class A common stock, including RSUs, totals 409,649 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 per share | 109,649 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects stock-settled restricted stock units ("RSU"). 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.
FAQ
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