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iHeartMedia (IHRT) grants officer 109,649 stock RSUs vesting from 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hillman David

(Last) (First) (Middle)
20880 STONE OAK PARKWAY

(Street)
SAN ANTONIO TX 78258

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
iHeartMedia, Inc. [ IHRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEE BELOW
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.001 per share 02/17/2026 A 109,649(1) A $0.00 409,649 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
Title: Executive Vice President, Chief Legal Officer and Secretary
/s/ David Hillman 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did iHeartMedia (IHRT) report for David Hillman?

iHeartMedia reported that officer David Hillman received a grant of 109,649 stock-settled restricted stock units (RSUs). Each RSU equals one share of Class A common stock, increasing his reported direct holdings to a total of 409,649 shares after the award.

How many iHeartMedia (IHRT) RSUs were granted to David Hillman?

David Hillman was granted 109,649 restricted stock units (RSUs) tied to iHeartMedia Class A common stock. These RSUs were reported at a price of $0.0000 per share, indicating a compensatory equity award rather than an open-market purchase of the company’s stock.

What is the vesting schedule for David Hillman’s iHeartMedia (IHRT) RSUs?

Hillman’s 109,649 RSUs vest in three equal parts on the first, second, and third anniversaries of February 17, 2026. Vesting is contingent on his continued service with iHeartMedia, meaning unvested units depend on him remaining with the company.

What does David Hillman’s total iHeartMedia (IHRT) share ownership look like after this grant?

After the RSU grant, David Hillman’s directly owned Class A common stock, including the reported RSUs, totals 409,649 shares. This figure reflects his beneficial ownership following the compensatory award, as disclosed in the Form 4 insider transaction report.

What are RSUs in the context of iHeartMedia (IHRT) insider awards?

RSUs, or restricted stock units, are promises to deliver shares in the future if conditions are met. For Hillman, each RSU represents one share of Class A common stock, vesting over three years based on continued service with iHeartMedia rather than immediate cash investment.

Did David Hillman buy iHeartMedia (IHRT) shares on the open market in this transaction?

No, Hillman did not buy shares on the open market in this transaction. The Form 4 shows a grant coded as an acquisition of 109,649 RSUs at $0.0000 per share, reflecting stock-based compensation instead of a traditional purchase at a market price.
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