Cumulus Media Inc: executive vice president Collin R. Jones sold 162,100 shares

What happened Collin R. Jones, executive vice president, corporate strategy & development and president of Westwood One, disposed of 162,100 shares to the issuer on Oct 16, 2026. The Form 4 reports the disposition code D; price per share and total value are listed as not applicable.

Key details

• Transaction date: Oct 16, 2026; transaction code: D (disposition to the issuer).
• Price: N/A; total value: N/A (the filing reports price and value as not applicable).
• Shares owned after the transaction: all issued and outstanding shares were cancelled under the company’s confirmed plan on the effective date (see F2, F3).
• Relevant footnotes: F1 (Chapter 11 cases and plan filing), F2 (confirmation of the plan and Oct 16, 2026 effective date), F3 (on the effective date all issued and outstanding common stock were cancelled and extinguished pursuant to the Plan).
• Filing date/reporting period: Oct 16, 2026. The filing does not indicate it was late.

Why it may matter

• This was a disposition to the issuer in connection with the company’s Chapter 11 plan that became effective on Oct 16, 2026; it is not reported as a market sale.
• A filing does not show why the insider traded or why the company acted.