secwatch.observer — SEC 8-K summary
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Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001400891-24-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia amends Chief Legal Officer Fasbender's agreement; salary raised to $825K
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- Jordan Fasbender's employment term extended to September 30, 2026 with auto-renewals.
- Annual base salary increased to $825,000 effective Oct 1, 2024, rising to $850,000 on Oct 1, 2025.
- Target bonus raised to 115% of base salary; expected annual equity award of $1,000,000 from FY 2025.
- Title changed to Executive Vice President, Chief Legal Officer and Corporate Secretary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000140089124000030/0001400891-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000140089124000030/ihm-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001400891-24-000030

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