Englebardt Samuel Eli 4
4 · iHeartMedia, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
iHeartMedia (IHRT) Director Samuel E. Englebardt Receives Award
What Happened
Director Samuel E. Englebardt was granted a total of 71,258 deferred stock units (DSUs) on June 4, 2026. The filing shows two awards of 35,629 units each: one tranche priced at $4.21 per unit (total value $149,998) and a second tranche recorded at $0.00. These are awards/compensation (not purchases or sales) and represent contingent rights to receive Class A common shares under the company’s DSU arrangements.
Key Details
- Transaction date: 2026-06-04; Form filed 2026-06-05 (timely).
- Grants reported: 35,629 DSUs at $4.21 (value $149,998) and 35,629 DSUs at $0.00.
- Shares owned after transaction: the filing corrects a prior Form 4 (see F2) to reflect the accurate total holdings; the exact post-transaction total is reported on the Form 4.
- Footnotes of note:
- F1: One DSU tranche represents DSUs in lieu of cash compensation; vesting in equal quarterly installments beginning March 31, 2026; settlement deferred until separation, change in control, death, or disability.
- F3: The other DSU tranche vests in full on the earlier of June 4, 2027 or the 2027 annual meeting; settlement similarly deferred.
- F2: Corrects an immaterial prior reporting error in total securities beneficially owned.
- Filing timeliness: reported promptly (filed next day).
Context
DSUs are deferred-compensation awards that give the holder a contingent right to receive company shares in the future; they do not result in immediate stock ownership or open-market buying/selling. Vesting and settlement rules (see footnotes) determine when the units convert to actual shares. Such grants are commonly used for director compensation and are routine—informative about pay structure but not necessarily a market sentiment signal.
Insider Transaction Report
- Award
Class A Common Stock, par value $0.001 per share
[F1][F2]2026-06-04$4.21/sh+35,629$149,998→ 691,297 total - Award
Class A Common Stock, par value $0.001 per share
[F3][F2]2026-06-04+35,629→ 726,926 total
Footnotes (3)
- [F1]Represents deferred stock units ("DSUs") in lieu of cash compensation. Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs vest in equal quarterly installments, which began on March 31, 2026. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability.
- [F2]The prior Form 4 for the Reporting Person dated May 15, 2025 contained an immaterial computational error in the total number of securities beneficially owned following the reported transactions. The current total reflects the accurate number of shares held by the Reporting Person.
- [F3]Represents DSUs. Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs shall vest in full on the earlier of June 4, 2027 or the Company's 2027 annual meeting of stockholders. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability.