iHeartMedia Director James A. Rasulo Receives 35,629-Share RSU Award

What Happened
James A. Rasulo, a director of iHeartMedia, was granted 35,629 restricted stock units (RSUs) on June 4, 2026. The award was recorded at an acquisition price of $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of Class A common stock once the RSUs vest.

Key Details

• Transaction type: Award/Grant (code A) of 35,629 RSUs on 2026-06-04, acquisition price $0.00.
• Vesting: RSUs vest in full on the earlier of June 4, 2027 or the Company’s 2027 annual meeting of stockholders (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Reported on 2026-06-05 for a 2026-06-04 grant (filed the next day), indicating a timely filing.
• Footnote: F1 explains each RSU converts to one share when vested; this is a grant, not an open-market purchase or sale.

Context
RSU grants are compensation awards that do not transfer shares immediately; value is realized only if and when the units vest and convert into shares. Grants are common for directors and executives as part of long-term compensation and do not by themselves signal an immediate buy or sell decision.