---
schema_version: "secwatch.filing_event.v1"
accession: "0001400891-22-000025"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2022-07-20T23:59:59+00:00"
generated_at: "2026-06-24T11:06:57.207500+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# iHeartMedia amends employment agreement with GC Jordan Fasbender; base salary to rise to $750k by 2024

## Summary
- Employment term extended to March 31, 2025, with automatic one-year renewals.
- Base salary set at $700,000 (effective April 1, 2022), increasing to $725,000 in 2023 and $750,000 in 2024.
- On termination without cause or for good reason (non-CIC): 1.5x base+target bonus, COBRA for 18 months, pro-rata bonus, plus accelerated vesting.
- On termination in connection with a Change in Control: 2x base+target bonus, 1.33x COBRA, pro-rata bonus, and accelerated vesting.
- On death/disability: pro-rata bonus and accelerated vesting for certain equity awards.

## SEC filing metadata
- accession: 0001400891-22-000025
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2022-07-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000140089122000025/0001400891-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000140089122000025/ihm-20220718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001400891-22-000025
- JSON: https://secwatch.observer/filing/0001400891-22-000025.json
- Plain text: https://secwatch.observer/filing/0001400891-22-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.