iHeartMedia director granted 35,629 RSUs
SIVARAMAKRISHNAN KAMAKSHI reported acquisition or exercise transactions in this Form 4 filing. iHeartMedia, Inc. director Kamakshi Sivaramakrishnan reported an equity award in the form of restricted stock units (RSUs).
Rhea-AI Filing Summary
SIVARAMAKRISHNAN KAMAKSHI reported acquisition or exercise transactions in this Form 4 filing.
iHeartMedia, Inc. director Kamakshi Sivaramakrishnan reported an equity award in the form of restricted stock units (RSUs). She received 35,629 RSUs, each representing one share of Class A Common Stock, vesting in full on the earlier of June 4, 2027 or the company’s 2027 annual stockholders’ meeting.
Following this grant, she holds 421,541 shares of Class A Common Stock directly. A separate entry shows 681 shares held indirectly through an irrevocable trust she controls, for which she disclaims beneficial ownership except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 35,629 shares
Grant/Award
2 txns
Insider
SIVARAMAKRISHNAN KAMAKSHI
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 per share | 35,629 | $0.00 | $0.00 |
| holding | Class A Common Stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 per share — 421,541 shares (Direct);
Class A Common Stock, par value $0.001 per share — 681 shares (Indirect, By Irrevocable Trust)
Footnotes (2)
- F1. Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest in full on the earlier of June 4, 2027 or the Company's 2027 annual meeting of stockholders.
- F2. The reported item represents shares of Class A Common Stock beneficially owned by the Irrevocable Trust, which is controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.
Key Figures
RSU grant: 35,629 RSUs
Vesting date: June 4, 2027
Direct holdings after grant: 421,541 shares
+2 more
5 metrics
RSU grant
35,629 RSUs
Award to director Kamakshi Sivaramakrishnan
Vesting date
June 4, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Direct holdings after grant
421,541 shares
Class A Common Stock held directly following RSU award
Indirect trust holdings
681 shares
Class A Common Stock held via irrevocable trust
Par value
$0.001 per share
Class A Common Stock par value
Key Terms
restricted stock units ("RSUs"), beneficially owned, Irrevocable Trust, pecuniary interest
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
beneficially owned financial
"The reported item represents shares of Class A Common Stock beneficially owned by the Irrevocable Trust"
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.
Irrevocable Trust financial
"shares of Class A Common Stock beneficially owned by the Irrevocable Trust, which is controlled by the Reporting Person"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein"
FAQ
What insider transaction did iHeartMedia (IHRT) report for Kamakshi Sivaramakrishnan?
iHeartMedia reported that director Kamakshi Sivaramakrishnan received 35,629 restricted stock units. Each RSU represents one share of Class A Common Stock, forming part of her equity-based director compensation as disclosed in this Form 4 filing.
When do the newly granted RSUs for iHeartMedia (IHRT) director vest?
The 35,629 RSUs vest in full on the earlier of June 4, 2027 or iHeartMedia’s 2027 annual meeting of stockholders. Vesting conditions must be satisfied before the RSUs convert into Class A Common Stock for the director.
What type of security was granted to the iHeartMedia (IHRT) director in this filing?
The filing shows a grant of restricted stock units, or RSUs, tied to iHeartMedia Class A Common Stock. Each RSU represents a contingent right to receive one share, subject to time-based vesting conditions through 2027.
Does the iHeartMedia (IHRT) director have indirect holdings through a trust?
Yes. The Form 4 notes 681 shares of Class A Common Stock are beneficially owned by an irrevocable trust controlled by the director. She disclaims beneficial ownership of those shares except to the extent of her pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
