Global Media & Entertainment Investments Trust, 10% Owner at iHeartMedia, Inc. (IHRT), bought 1,786,462 shares at $16.55 ($29.3M) on 2022-04-28, disclosed to the SEC on 2022-05-02.
Open-market purchase of $29.3M IHRT by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $16.55 | 515,829 | $8.5M | 29.1% |
| 2 | $16.55 | 515,829 | $8.5M | 29.1% |
| 3 | $16.03 | 225,140 | $3.6M | 12.3% |
| 4 | $16.03 | 225,140 | $3.6M | 12.3% |
| 5 | $16.47 | 152,262 | $2.5M | 8.6% |
| 6 | $16.47 | 152,262 |
| $2.5M |
| 8.6% |
| Total | $16.41 avg | 1,786,462 | $29.3M | 100% |