iHeartMedia (IHRT) director awarded 35,629 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monteagudo Graciela reported acquisition or exercise transactions in this Form 4 filing.
iHeartMedia director Graciela Monteagudo reported an equity award of 35,629 deferred stock units (DSUs) tied to Class A Common Stock. Each DSU represents a contingent right to receive one share. The DSUs vest in full on the earlier of June 4, 2027 or the company’s 2027 annual stockholder meeting.
Settlement of the DSUs is deferred until within 45 days after the earliest of Monteagudo’s separation from service, a change in control, her death, or her disability. Following this grant, she beneficially owns a total of 382,822 shares, and the filing notes that this total corrects an immaterial computational error in a prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Monteagudo Graciela
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 per share | 35,629 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 per share — 382,822 shares (Direct, null)
Footnotes (1)
- Represents deferred stock units ("DSUs"). Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs shall vest in full on the earlier of June 4, 2027 or the Company's 2027 annual meeting of stockholders. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability. The prior Form 4 for the Reporting Person dated May 15, 2025 contained an immaterial computational error in the total number of securities beneficially owned following the reported transactions. The current total reflects the accurate number of shares held by the Reporting Person.
Key Figures
DSUs granted: 35,629 units
Holding after grant: 382,822 shares
Vesting date: June 4, 2027
+2 more
5 metrics
DSUs granted
35,629 units
Deferred stock units awarded on June 4, 2026
Holding after grant
382,822 shares
Total beneficial ownership following the transaction
Vesting date
June 4, 2027
Vests earlier of this date or 2027 annual meeting
Settlement window
Within 45 days
After earliest of separation, change in control, death, or disability
Grant price
$0.0000 per share
Equity award with no cash paid by reporting person
Key Terms
deferred stock units ("DSUs"), change in control, beneficially owned
3 terms
deferred stock units ("DSUs") financial
"Represents deferred stock units ("DSUs"). Each DSU represents a contingent right to receive one share..."
change in control financial
"Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of... (ii) a change in control..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
beneficially owned financial
"contained an immaterial computational error in the total number of securities beneficially owned following the reported transactions."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did iHeartMedia (IHRT) report for Graciela Monteagudo?
iHeartMedia reported that director Graciela Monteagudo received 35,629 deferred stock units (DSUs) linked to Class A Common Stock. This is a stock-based compensation award, not a market purchase or sale, and increases her beneficial holdings reported on the Form 4.
When do Graciela Monteagudo’s 35,629 DSUs at iHeartMedia (IHRT) vest?
The 35,629 DSUs granted to Graciela Monteagudo vest in full on the earlier of June 4, 2027 or iHeartMedia’s 2027 annual meeting of stockholders. Vesting means the award becomes earned, though actual share delivery occurs later under specified conditions.
What type of security are the DSUs granted to the iHeartMedia (IHRT) director?
The award consists of deferred stock units, or DSUs. Each DSU represents a contingent right to receive one share of iHeartMedia Class A Common Stock at a later settlement date, subject to vesting and specific triggering events such as separation from service or change in control.