Brigade Capital Management, L.P., 10% Owner at CUMULUS MEDIA INC (CMIA), sold 112,934 shares at $17.50 ($2.0M) on 2019-12-13, disclosed to the SEC on 2019-12-16.
Open-market sale of $2.0M 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.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $17.50 | 25,000 | $438K | 22.1% |
| 2 | $17.64 | 3,240 | $57K | 2.9% |
| 3 | $17.64 | 3,240 | $57K | 2.9% |
| 4 | $17.49 | 15,727 | $275K | 13.9% |
| 5 | $17.49 | 15,727 | $275K | 13.9% |
| 6 | $17.50 | 50,000 |
| $875K |
| 44.3% |
| Total | $17.51 avg | 112,934 | $2.0M | 100% |
| Filing → |
| PKD | SELL | 2019-12-06 | $373K | — | Filing → |
| PKD | SELL | 2019-11-27 | $90K | — | Filing → |
| PKD | SELL | 2019-11-22 | $188K | — | Filing → |