iHeartMedia (IHRT) CEO Robert Pittman adds 16,349 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,349 shares ($48,525)
Net Buy
2 txns
Insider
PITTMAN ROBERT W
Role
Chairman and CEO
Bought
16,349 shs ($49K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock, par value $0.001 per share | 16,349 | $2.9681 | $49K |
| holding | Class A Common Stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 per share — 6,231,286 shares (Direct);
Class A Common Stock, par value $0.001 per share — 21,732 shares (Indirect, By Pittman CC, LLC)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.87 to $3.175, 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. 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
What insider transaction did IHRT Chairman and CEO Robert Pittman report?
Robert Pittman reported an open-market purchase of iHeartMedia (IHRT) Class A Common Stock. He bought 16,349 shares on March 9, 2026, in a single reportable transaction, increasing his directly held position as disclosed in the Form 4 filing.
Was Robert Pittman’s IHRT trade a buy or sell transaction?
The disclosed IHRT transaction was a buy. Robert Pittman executed an open-market purchase of 16,349 Class A Common shares on March 9, 2026, and the Form 4 classifies this activity with a purchase code and a net-buy direction in the transaction summary.