Iheartmedia SEC Filings

iHeartMedia, Inc. President and COO Richard J. Bressler reported RSU vesting and related tax settlements, not open‑market trades. On May 18, 2026, he exercised 528,768 restricted stock units into Class A common stock at a conversion price of $0.00 per share.

The filing shows two tax-withholding dispositions totaling 781,595 shares at $5.18 per share and a separate disposition to the issuer, all connected to the RSU vesting. Footnotes clarify these transactions represent cash or share amounts withheld for taxes, making them routine compensation and tax events rather than discretionary market sales.

iHeartMedia Chairman and CEO Robert W. Pittman reported a series of compensation-related equity transactions involving Class A common stock on May 18, 2026. He exercised 528,768 restricted stock units, increasing his direct holdings to 6,760,389 shares. As part of the vesting and settlement of cash-settled RSUs, 781,595 share-equivalent amounts were withheld to cover tax obligations, and 302,138 shares were returned to the company in a disposition to the issuer, all at a reference price of $5.18 per share. In addition, 21,732 shares are beneficially owned indirectly through Pittman CC, LLC, where he has a pecuniary interest but disclaims full beneficial ownership.

iHeartMedia Chairman and CEO Robert W. Pittman reported a series of compensation-related equity transactions involving Class A common stock on May 18, 2026. He exercised 528,768 restricted stock units, increasing his direct holdings to 6,760,389 shares. As part of the vesting and settlement of cash-settled RSUs, 781,595 share-equivalent amounts were withheld to cover tax obligations, and 302,138 shares were returned to the company in a disposition to the issuer, all at a reference price of $5.18 per share. In addition, 21,732 shares are beneficially owned indirectly through Pittman CC, LLC, where he has a pecuniary interest but disclaims full beneficial ownership.

iHeartMedia, Inc. CFO Michael B. McGuinness reported a tax-related share disposition tied to equity compensation. On May 18, 2026, 115,678 shares of Class A Common Stock were withheld at $5.18 per share to cover tax obligations upon vesting of restricted stock units. After this withholding, he directly owned 642,183 shares, indicating this was a compensation and tax-settlement event rather than an open-market trade.

iHeartMedia, Inc. CFO Michael B. McGuinness reported a tax-related share disposition tied to equity compensation. On May 18, 2026, 115,678 shares of Class A Common Stock were withheld at $5.18 per share to cover tax obligations upon vesting of restricted stock units. After this withholding, he directly owned 642,183 shares, indicating this was a compensation and tax-settlement event rather than an open-market trade.

iHeartMedia, Inc. disclosure: Deutsche Bank AG reports 6,526,734 shares of Class A Common Stock, representing 5% of the class as stated in this Schedule 13G.

The filing lists voting and dispositive power as shared for the full amount, with affiliated entities shown: Deutsche Bank Securities Inc. holds 6,478,107 shares of sole voting and dispositive power and Deutsche Bank Trust Co Americas holds 48,627 shares of sole voting and dispositive power. The CUSIP is 45174J509. Signature dates are shown as 05/13/2026.

iHeartMedia, Inc. disclosure: Deutsche Bank AG reports 6,526,734 shares of Class A Common Stock, representing 5% of the class as stated in this Schedule 13G.

The filing lists voting and dispositive power as shared for the full amount, with affiliated entities shown: Deutsche Bank Securities Inc. holds 6,478,107 shares of sole voting and dispositive power and Deutsche Bank Trust Co Americas holds 48,627 shares of sole voting and dispositive power. The CUSIP is 45174J509. Signature dates are shown as 05/13/2026.

iHeartMedia reported first-quarter 2026 revenue of $884.2 million, up 9.6% year over year, driven by strong digital and podcast advertising and higher non‑cash trade revenue. Operating income was $1.5 million versus a prior‑year loss, while the net loss narrowed to $95.6 million from $280.9 million, helped by a much lower tax expense. Adjusted EBITDA declined 11.4% to $92.6 million as higher trade and digital content costs offset revenue growth. Free cash flow was negative $114.5 million, reflecting seasonality and working capital timing. The company ended the quarter with $135.1 million in cash and $359.5 million of ABL borrowing base availability, for total liquidity of $494.6 million, against $5.04 billion of total debt (net debt $4.67 billion) at a 9.0% weighted average interest rate. Management highlighted ongoing macroeconomic pressure on broadcast advertising but pointed to continued digital growth and approximately $150 million of in‑year 2026 cost savings plus a newly announced $50 million annualized cost‑reduction program.

iHeartMedia reported first-quarter 2026 revenue of $884.2 million, up 9.6% year over year, driven by strong digital and podcast advertising and higher non‑cash trade revenue. Operating income was $1.5 million versus a prior‑year loss, while the net loss narrowed to $95.6 million from $280.9 million, helped by a much lower tax expense. Adjusted EBITDA declined 11.4% to $92.6 million as higher trade and digital content costs offset revenue growth. Free cash flow was negative $114.5 million, reflecting seasonality and working capital timing. The company ended the quarter with $135.1 million in cash and $359.5 million of ABL borrowing base availability, for total liquidity of $494.6 million, against $5.04 billion of total debt (net debt $4.67 billion) at a 9.0% weighted average interest rate. Management highlighted ongoing macroeconomic pressure on broadcast advertising but pointed to continued digital growth and approximately $150 million of in‑year 2026 cost savings plus a newly announced $50 million annualized cost‑reduction program.

iHeartMedia, Inc. reported higher first quarter 2026 revenue but continued to post a net loss. Consolidated revenue reached $884.2 million, up 9.6% from Q1 2025, driven mainly by 18.0% growth in the Digital Audio Group and 12.2% growth in Audio & Media Services.

GAAP operating income improved to $1.5 million from a loss of $25.4 million, but Adjusted EBITDA fell to $92.6 million from $104.6 million, as higher non‑cash trade and barter expenses and digital content costs weighed on margins. The company reported a net loss of $95.6 million, though this was narrower than the prior year’s $280.9 million loss.

Free Cash Flow was negative at ($114.5 million), and cash used for operating activities increased to $92.5 million, reflecting interest payment timing and receivables. iHeartMedia ended March 31, 2026 with $135.1 million in cash, total debt of $5.04 billion and Net Debt of $4.67 billion. Management reaffirmed full‑year 2026 guidance for $800 million Adjusted EBITDA and $200 million Free Cash Flow, and forecast low‑single‑digit Q2 revenue growth and Q2 Adjusted EBITDA of $140–$160 million.

iHeartMedia, Inc. reported higher first quarter 2026 revenue but continued to post a net loss. Consolidated revenue reached $884.2 million, up 9.6% from Q1 2025, driven mainly by 18.0% growth in the Digital Audio Group and 12.2% growth in Audio & Media Services.

GAAP operating income improved to $1.5 million from a loss of $25.4 million, but Adjusted EBITDA fell to $92.6 million from $104.6 million, as higher non‑cash trade and barter expenses and digital content costs weighed on margins. The company reported a net loss of $95.6 million, though this was narrower than the prior year’s $280.9 million loss.

Free Cash Flow was negative at ($114.5 million), and cash used for operating activities increased to $92.5 million, reflecting interest payment timing and receivables. iHeartMedia ended March 31, 2026 with $135.1 million in cash, total debt of $5.04 billion and Net Debt of $4.67 billion. Management reaffirmed full‑year 2026 guidance for $800 million Adjusted EBITDA and $200 million Free Cash Flow, and forecast low‑single‑digit Q2 revenue growth and Q2 Adjusted EBITDA of $140–$160 million.

iHeartMedia, Inc. officer David Hillman reported a routine tax-related share disposition. On the vesting of restricted stock units, 55,300 shares of Class A common stock were withheld to cover tax obligations at a value of $5.34 per share. After this withholding, Hillman directly holds 354,349 shares of iHeartMedia Class A common stock. This event reflects compensation-related tax settlement rather than an open-market trade.

iHeartMedia, Inc. officer David Hillman reported a routine tax-related share disposition. On the vesting of restricted stock units, 55,300 shares of Class A common stock were withheld to cover tax obligations at a value of $5.34 per share. After this withholding, Hillman directly holds 354,349 shares of iHeartMedia Class A common stock. This event reflects compensation-related tax settlement rather than an open-market trade.

iHeartMedia, Inc. is soliciting proxies for its 2026 virtual annual meeting on June 4, 2026, where Class A stockholders will vote on eight director nominees, auditor ratification, an advisory say‑on‑pay resolution and an amendment to the 2021 Long‑Term Incentive Award Plan.

In 2025, the company generated $3.9 billion in revenue, with consolidated operating loss improving to $21 million from $763 million and net loss narrowing to $472 million from $1.0 billion. Adjusted EBITDA was $686 million and the company realized $150 million of net cost savings, with additional initiatives expected to generate $100 million annually in 2026.

The board highlights governance practices such as a majority‑independent board, a strong lead independent director, fully independent key committees, annual elections, no poison pill, annual say‑on‑pay, and a clawback policy. The proposed plan amendment would add 13,000,000 Class A shares to the equity pool, increase ISO capacity by the same amount and extend grant authority under the plan through June 4, 2036.

iHeartMedia, Inc. is soliciting proxies for its 2026 virtual annual meeting on June 4, 2026, where Class A stockholders will vote on eight director nominees, auditor ratification, an advisory say‑on‑pay resolution and an amendment to the 2021 Long‑Term Incentive Award Plan.

In 2025, the company generated $3.9 billion in revenue, with consolidated operating loss improving to $21 million from $763 million and net loss narrowing to $472 million from $1.0 billion. Adjusted EBITDA was $686 million and the company realized $150 million of net cost savings, with additional initiatives expected to generate $100 million annually in 2026.

The board highlights governance practices such as a majority‑independent board, a strong lead independent director, fully independent key committees, annual elections, no poison pill, annual say‑on‑pay, and a clawback policy. The proposed plan amendment would add 13,000,000 Class A shares to the equity pool, increase ISO capacity by the same amount and extend grant authority under the plan through June 4, 2036.

iHeartMedia Chairman and CEO Robert W. Pittman reported an open-market purchase of 16,349 shares of Class A Common Stock at a weighted average price of $2.9681 per share. These shares were bought on March 9, 2026 in multiple trades between $2.87 and $3.175.

After this transaction, Pittman directly owned 6,231,286 shares. A separate reported holding of 21,732 shares is beneficially owned by Pittman CC, LLC, a limited liability company he controls, and he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.

iHeartMedia Chairman and CEO Robert W. Pittman reported an open-market purchase of 16,349 shares of Class A Common Stock at a weighted average price of $2.9681 per share. These shares were bought on March 9, 2026 in multiple trades between $2.87 and $3.175.

After this transaction, Pittman directly owned 6,231,286 shares. A separate reported holding of 21,732 shares is beneficially owned by Pittman CC, LLC, a limited liability company he controls, and he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.

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.

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.