Brigade Capital Management GP, LLC, 10% Owner at CUMULUS MEDIA INC (CMIA), sold 13,524 shares at $13.70 ($186K) on 2019-11-06, disclosed to the SEC on 2019-11-07.
Open-market sale of $186k CMIA by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.94 | 910 | $13K | 6.8% |
| 2 | $13.94 | 90 | $1K | 0.7% |
| 3 | $14.06 | 2,305 | $32K | 17.4% |
| 4 | $14.06 | 228 | $3K | 1.7% |
| 5 | $13.70 | 469 | $6K | 3.4% |
| 6 | $13.70 | 4,761 |
| $65K |
| 35.0% |
| 7 | $13.70 | 4,761 | $65K | 35.0% |
| Total | $13.79 avg | 13,524 | $186K | 100% |
| Filing → |
| CMIA | SELL | 2020-11-12 | $527K | — | Filing → |
| MX | SELL | 2020-10-15 | $1.8M | — | Filing → |
| MX | SELL | 2020-10-13 | $2.2M | — | Filing → |