secwatch.observer — SEC 8-K summary
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Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001193125-25-193386
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia extends CEO Pittman and President Bressler employment to Dec 2029; raises Bressler severance
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- CEO Pittman and President Bressler employment agreements extended to December 31, 2029.
- Equity awards granted six months before retirement will continue vesting per original schedule.
- Bressler's cash severance multiplier raised from 1.5x to 2x, matching Pittman's level.
- Bressler's non-solicitation period extended to 18 months post-employment.
- Personal aircraft use by Bressler over $250k/year must be reimbursed to the Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000119312525193386/0001193125-25-193386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000119312525193386/d93724d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-193386

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