iHeartMedia CEO buys 32,468 shares of stock
iHeartMedia, Inc. Chairman and CEO Robert W. Pittman reported an open-market purchase of 32,468 shares of Class A common stock on March 5, 2026 at a weighted average price of $3.2517 per share, with individual trades ranging from $3.13 to $3.34.
Sentiment and the balance of points
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Rhea-AI Filing Summary
iHeartMedia, Inc. Chairman and CEO Robert W. Pittman reported an open-market purchase of 32,468 shares of Class A common stock on March 5, 2026 at a weighted average price of $3.2517 per share, with individual trades ranging from $3.13 to $3.34. Following this transaction, he directly held 6,214,937 shares of Class A common stock.
The filing also reports 21,732 shares of Class A common stock beneficially owned indirectly through Pittman CC, LLC, a limited liability company controlled by Pittman. He disclaims beneficial ownership of those indirect shares except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock, par value $0.001 per share | 32,468 | $3.2517 | $106K |
| holding | Class A Common Stock, par value $0.001 per share | -- | -- | -- |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.13 to $3.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- F2. The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
FAQ
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What insider transaction did IHRT Chairman and CEO Robert Pittman report?
Is Robert Pittman’s IHRT purchase on March 5, 2026 a direct or indirect holding?
How many IHRT insider transactions are disclosed in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.