Donald E. Morgan III, 10% Owner at CUMULUS MEDIA INC (CMIA), sold 81,795 shares at $17.80 ($1.5M) on 2019-12-16, disclosed to the SEC on 2019-12-18.
Open-market sale of $1.5M 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 | $17.80 | 3,101 | $55K | 3.8% |
| 2 | $17.80 | 3,101 | $55K | 3.8% |
| 3 | $17.80 | 20,000 | $356K | 24.5% |
| 4 | $17.81 | 26,982 | $481K | 33.0% |
| 5 | $17.81 | 26,982 | $481K | 33.0% |
| 6 | $17.06 | 1,629 |
| $28K |
| 1.9% |
| Total | $17.79 avg | 81,795 | $1.5M | 100% |
| Filing → |
| MX | SELL | 2020-10-19 | $868K | — | Filing → |
| AMPY | SELL | 2020-06-23 | $48K | — | Filing → |
| AMPY | SELL | 2020-06-19 | $26K | — | Filing → |