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iHeartMedia, Inc.·4

Feb 19, 5:39 PM ET

BRESSLER RICHARD J 4

4 · iHeartMedia, Inc. · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

iHeartMedia (IHRT) President Richard Bressler Receives 3.46M RSUs

What Happened
Richard J. Bressler, President and Chief Operating Officer of iHeartMedia (IHRT), was granted a total of 3,458,946 restricted stock units (RSUs) on February 17, 2026 (reported Feb 19, 2026). The award lines show acquisitions at $0.00 (grant/award code A). The grants break down into 1,727,604 stock-settled RSUs (each convertible into one share of Class A common stock) and 1,731,342 cash-settled RSUs (each payable in cash equal to the share price at vesting). No cash changed hands at grant.

Key Details

  • Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely within the 2-business-day window).
  • Total RSUs granted: 3,458,946 (acquired at $0.00).
    • Stock-settled RSUs (convert to shares): 949,306 (vests in full May 18, 2026); 278,298 (vests in full Feb 20, 2028); 500,000 (vests 1/3 on each of the first three anniversaries beginning Feb 17, 2026).
    • Cash-settled RSUs (paid in cash at vesting): 387,668 (vests in full May 18, 2026); 674,083 (vests in full Feb 20, 2028); 669,591 (vests 1/3 on each of the first three anniversaries beginning Feb 17, 2026).
  • Footnotes: grants reflect satisfaction (full or partial) of prior performance stock/unit awards and standard service-based vesting conditions.
  • Shares owned after the transaction: not provided in the supplied data.
  • Filing includes Exhibit 24 (Power of Attorney). Transaction code A = award/grant.

Context

  • Stock-settled RSUs, if they vest, will be settled in Class A shares; cash-settled RSUs pay an amount equal to the stock’s fair market value at vesting. Both types are contingent on performance/service and vest on the dates above.
  • This is an insider award (not a purchase or sale) and does not by itself indicate an immediate buy/sell market signal; value to the insider depends on future vesting and stock price.

Insider Transaction Report

Form 4
Period: 2026-02-17
iHeartMedia, Inc.IHRT
BRESSLER RICHARD J
DirectorPresident and COO
Transactions
  • Award

    Class A Common Stock, par value $0.001 per share

    [F1]
    2026-02-17+949,306→ 4,567,070 total
  • Award

    Class A Common Stock, par value $0.001 per share

    [F2]
    2026-02-17+278,298→ 4,845,368 total
  • Award

    Class A Common Stock, par value $0.001 per share

    [F3]
    2026-02-17+500,000→ 5,345,368 total
  • Award

    Restricted Stock Units

    [F4]
    2026-02-17+387,668→ 387,668 total
    → Class A Common Stock (387,668 underlying)
  • Award

    Restricted Stock Units

    [F5]
    2026-02-17+674,083→ 674,083 total
    → Class A Common Stock (674,083 underlying)
  • Award

    Restricted Stock Units

    [F6]
    2026-02-17+669,591→ 669,591 total
    → Class A Common Stock (669,591 underlying)
Footnotes (6)
  • [F1]Reflects restricted stock units ("RSUs") following the satisfaction of performance criteria for previously granted performance stock units ("PSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in full on May 18, 2026, subject to the Reporting Person's continued service with the Issuer.
  • [F2]Reflects RSUs following the partial satisfaction of performance criteria for previously granted PSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in full on February 20, 2028, subject to the Reporting Person's continued service with the Issuer.
  • [F3]Reflects stock-settled restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of February 17, 2026, subject to the Reporting Person's continued service with the Issuer.
  • [F4]Reflects cash-settled RSUs following the satisfaction of performance criteria for previously granted cash-settled PSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A Common Stock on the applicable vesting date. The cash-settled RSUs will vest in full on May 18, 2026, subject to the Reporting Person's continued service with the Issuer.
  • [F5]Reflects cash-settled RSUs following the partial satisfaction of performance criteria for previously granted cash-settled PSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A Common Stock on the applicable vesting date. The cash-settled RSUs will vest in full on February 20, 2028, subject to the Reporting Person's continued service with the Issuer.
  • [F6]Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A Common Stock on the applicable vesting date. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of February 17, 2026.
Signature
/s/ David Hillman, by Power of Attorney for Richard J. Bressler|2026-02-19

Documents

2 files