BlackRock Portfolio Management LLC bought MDIA
September 5, 2025 · Form 4 insider transaction
BlackRock Portfolio Management LLC bought 28,206,152 shares of MediaCo Holding Inc., a transaction worth N/A. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
On September 5, 2025, SLF LBI Aggregator, LLC ("Aggregator") exercised a warrant to purchase 28,206,152 shares of Issuer's common stock for $0.00001 per share. Aggregator paid the exercise price on a cashless basis, resulting in Issuer's withholding of 214 of the warrant shares to pay the exercise price.; The exercise price of the Warrant is $0.00001.; HPS Group GP, LLC ("HPS Group") is the non-member manager of Aggregator. Scott Kapnick is the sole member of HPS Group. Each of Scott Kapnick, HPS Group, Aggregator and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein, if any.