CUMULUS MEDIA INC — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Milner David Edward | President - Operations | Sale | 3,000 | $13.62 | $40,860 | 81,062 | May 2, 2022 |
| Grimes Suzanne M | See Remarks | Award / Grant | 4,861 | — | — | 73,637 | Feb 17, 2022 |
| Milner David Edward | President - Operations | Tax Withholding | 1,801 | — | — | 84,062 | Feb 17, 2022 |
| Walker Robert J | President - Operations | Tax Withholding | 2,222 | — | — | 83,420 | Feb 17, 2022 |
| Denning Richard | EVP,General Counsel&Secretary | Tax Withholding | 1,363 | — | — | 80,752 | Feb 17, 2022 |
| Lopez-Balboa Francisco J | See Remarks | Award / Grant | 14,500 | — | — | 187,720 | Feb 17, 2022 |
| Berner Mary G. | President & CEO | Tax Withholding | 17,088 | — | — | 482,699 | Feb 17, 2022 |
| Grimes Suzanne M | See Remarks | Award / Grant | 13,725 | — | — | 68,776 | Feb 3, 2022 |
| Milner David Edward | President - Operations | Award / Grant | 20,760 | — | — | 80,602 | Feb 3, 2022 |
| Walker Robert J | President - Operations | Award / Grant | 20,760 | — | — | 80,381 | Feb 3, 2022 |
| Denning Richard | EVP,General Counsel&Secretary | Award / Grant | 18,701 | — | — | 77,054 | Feb 3, 2022 |
| Lopez-Balboa Francisco J | See Remarks | Award / Grant | 59,020 | — | — | 173,220 | Feb 3, 2022 |
| Berner Mary G. | President & CEO | Award / Grant | 110,539 | — | — | 468,887 | Feb 3, 2022 |
| BAUM DAVID M | — | Award / Grant | 10,051 | — | — | 39,187 | May 4, 2021 |
| Blank Matthew | — | Award / Grant | 10,051 | — | — | 39,187 | May 4, 2021 |
| Gillman Joan H | — | Award / Grant | 10,051 | — | — | 39,187 | May 4, 2021 |
| Castro Thomas H | — | Award / Grant | 10,051 | — | — | 39,187 | May 4, 2021 |
| Kushner Brian | — | Award / Grant | 10,051 | — | — | 39,187 | May 4, 2021 |
| HOBSON ANDREW W | — | Award / Grant | 18,140 | — | — | 71,782 | May 4, 2021 |
| Denning Richard | EVP,General Counsel&Secretary | Award / Grant | 8,000 | — | — | 58,353 | Feb 9, 2021 |
| Lopez-Balboa Francisco J | See Remarks | Award / Grant | 84,200 | — | — | 114,200 | Feb 5, 2021 |
| Milner David Edward | EVP - Operations | Award / Grant | 25,700 | — | — | 59,842 | Feb 5, 2021 |
| Berner Mary G. | President & CEO | Award / Grant | 152,600 | — | — | 358,348 | Feb 5, 2021 |
| Denning Richard | EVP,General Counsel&Secretary | Award / Grant | 23,800 | — | — | 58,353 | Feb 5, 2021 |
| Grimes Suzanne M | EVP Corporate Marketing | Award / Grant | 21,200 | — | — | 55,051 | Feb 5, 2021 |
| Walker Robert J | EVP - Operations | Award / Grant | 25,700 | — | — | 59,621 | Feb 5, 2021 |
| Brigade Capital Management GP, LLC | — | Sale | 125,437 | $9.70 | $1,216,739 | 1,672,357 | Jan 19, 2021 |
| MORGAN DONALD E III | — | Sale | 9,212 | $6.46 | $59,510 | 1,888,058 | Nov 13, 2020 |
| Brigade Capital Management GP, LLC | — | Sale | 10,000 | $6.65 | $66,500 | 1,897,881 | Nov 11, 2020 |
| Kushner Brian | — | Option Exercise | 5,519 | — | — | 10,921 | Apr 30, 2020 |
| BAUM DAVID M | — | Option Exercise | 5,519 | — | — | 10,921 | Apr 30, 2020 |
| Blank Matthew | — | Option Exercise | 5,519 | — | — | 10,921 | Apr 30, 2020 |
| Gillman Joan H | — | Option Exercise | 5,519 | — | — | 10,921 | Apr 30, 2020 |
| Lopez-Balboa Francisco J | See Remarks | Award / Grant | 30,000 | — | — | 30,000 | Mar 23, 2020 |
| Milner David Edward | EVP - Operations | Tax Withholding | 2,230 | $14.24 | $31,755 | 26,142 | Feb 21, 2020 |
| Denning Richard | EVP, GEN COUNSEL & SECRETARY | Award / Grant | 5,539 | — | — | 28,339 | Feb 21, 2020 |
| ABBOT JOHN | EVP, TREASURER & CFO | Award / Grant | 17,687 | — | — | 90,273 | Feb 21, 2020 |
| Walker Robert J | EVP - Operations | Tax Withholding | 2,451 | $14.24 | $34,902 | 25,921 | Feb 21, 2020 |
| Grimes Suzanne M | EVP Corporate Marketing | Award / Grant | 5,680 | — | — | 28,951 | Feb 21, 2020 |
| Berner Mary G. | PRESIDENT & CEO | Award / Grant | 35,264 | — | — | 179,516 | Feb 21, 2020 |
| Walker Robert J | EVP - Operations | Award / Grant | 8,000 | — | — | 33,921 | Feb 13, 2020 |
| Berner Mary G. | President & CEO | Award / Grant | 45,000 | — | — | 205,748 | Feb 13, 2020 |
| Milner David Edward | EVP - Operations | Award / Grant | 8,000 | — | — | 34,142 | Feb 13, 2020 |
| Grimes Suzanne M | EVP Corporate Marketing | Award / Grant | 8,000 | — | — | 33,851 | Feb 13, 2020 |
| MORGAN DONALD E III | — | Sale | 10,000 | $17.62 | $176,200 | 1,977,012 | Dec 30, 2019 |
| SP Signal, LLC | — | Sale | 32,000 | $16.98 | $543,360 | 1,792,000 | Dec 20, 2019 |
| Brigade Capital Management GP, LLC | — | Sale | 15,270 | $17.30 | $264,171 | 2,029,422 | Dec 19, 2019 |
| MULE EDWARD A | — | Sale | 25,000 | $17.01 | $425,250 | 1,851,000 | Dec 17, 2019 |
| MORGAN DONALD E III | — | Sale | 26,982 | $17.81 | $480,549 | 2,109,422 | Dec 17, 2019 |
| MULE EDWARD A | — | Sale | 25,000 | $17.10 | $427,500 | 2,004,500 | Dec 13, 2019 |