{"schema_version":"secwatch.filing_event.v1","accession":"0001058623-25-000004","form_type":"8-K","ticker":"CMLS","cik":"0001058623","company_name":"CUMULUS MEDIA INC","filed_at":"2025-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.831810+00:00","generated_at":"2026-05-27T18:18:21.637276+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Cumulus Media appoints top shareholder Steven Galbraith to board after Blank resigns","bullets":["Matthew Blank resigned from board effective Jan 22, 2025, will serve as consultant for 18 months.","Steven Galbraith appointed as director; he is a top shareholder via Kindred Capital Advisors.","Galbraith brings investment management background including CIO at Morgan Stanley.","Galbraith meets Nasdaq independence standards; term runs until 2025 annual meeting.","Compensation for Galbraith will be consistent with other non-employee directors on prorated basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001058623-25-000004","json":"https://secwatch.observer/filing/0001058623-25-000004.json","markdown":"https://secwatch.observer/filing/0001058623-25-000004.md","text":"https://secwatch.observer/filing/0001058623-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/0001058623-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/cmls-20250122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T18:18:21.637276+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04d6442c5f","claim":"Matthew Blank resigned as director at CUMULUS MEDIA INC.","evidence_excerpt":"On January 22, 2025, Matthew Blank notified the Board of Directors (the “Board”) of Cumulus Media Inc. (the “Company”) that he has decided to resign from the Board to devote more time to his other commitments, effective as of January 22, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/0001058623-25-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"6b56857916","claim":"Steven M. Galbraith was appointed as director at CUMULUS MEDIA INC.","evidence_excerpt":"the Board, upon the recommendation of the Nominating and Governance Committee of the Board, appointed Steven M. Galbraith to serve as a director, effective January 22, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/0001058623-25-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}