iHeartMedia (IHRT) CEO Robert Pittman adds 32,468 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,468 shares ($105,576)
Net Buy
2 txns
Insider
PITTMAN ROBERT W
Role
Chairman and CEO
Bought
32,468 shs ($106K)
| 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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 per share — 6,214,937 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 $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. 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 32,468 IHRT Class A common shares on March 5, 2026. The filing shows this as a direct ownership increase in his holdings of iHeartMedia’s Class A common stock.
Is Robert Pittman’s IHRT purchase on March 5, 2026 a direct or indirect holding?
The 32,468-share purchase on March 5, 2026 is reported as a direct holding. Separately, the Form 4 lists 21,732 shares as indirectly owned through Pittman CC, LLC, with a disclosure about his pecuniary interest.
How many IHRT insider transactions are disclosed in this Form 4 filing?
The Form 4 reflects one reported open-market purchase of 32,468 shares by Robert Pittman and an additional line item describing 21,732 shares held indirectly by Pittman CC, LLC, reported as a holding rather than a new transaction.