February 17, 2024 · Form 4 insider transaction
JONES COLLIN R. bought 56,985 shares of Cumulus Media Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents grant of time-based restricted stock units granted on February 17, 2024, which vest 25% each year on the grant anniversary date over the four-year period following the grant date. Each restricted stock unit represents a right to receive one share of Class A common stock.