PITTMAN ROBERT W 4
4 · iHeartMedia, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
iHeartMedia CEO Robert Pittman Buys 16,349 Shares
What Happened
- Robert W. Pittman, Chairman, CEO and a director of iHeartMedia (IHRT), purchased 16,349 shares of Class A common stock on March 9, 2026. The filing reports a weighted-average price of $2.97 per share for a total reported value of $48,525. The purchase was reported as an open market or private purchase (transaction code P).
Key Details
- Transaction date: 2026-03-09. Transaction type: Purchase (P).
- Shares acquired: 16,349; weighted-average price: $2.97; total reported cost: $48,525.
- Price range: shares were bought in multiple trades at prices between $2.87 and $3.175 (footnote F1).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Weighted-average price; the reporting person can provide per-trade quantities/prices on request.
- F2: Some reported shares are held by Pittman CC, LLC, a vehicle controlled by Mr. Pittman; he disclaims beneficial ownership except for his pecuniary interest.
- Filing timeliness: Reported on 2026-03-09 for a transaction on the same date (no late filing indicated).
Context
- This was an outright purchase, not an option exercise or award. Purchases by insiders can be of interest to investors as one data point on insider activity, but they do not by themselves prove future company performance. The total dollar amount here (~$48.5K) is relatively modest.
Insider Transaction Report
Form 4
PITTMAN ROBERT W
DirectorChairman and CEO
Transactions
- Purchase
Class A Common Stock, par value $0.001 per share
[F1]2026-03-09$2.97/sh+16,349$48,525→ 6,231,286 total
Holdings
- 21,732(indirect: By LLC)
Class A Common Stock, par value $0.001 per share
[F2]
Footnotes (2)
- [F1]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.
- [F2]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.
Signature
/s/ David Hillman, as Attorney-in-Fact for Robert W. Pittman|2026-03-09