iHeartMedia CEO Robert Pittman Has Bought $6.3M in IHRT Stock Per Form 4 — Most Recently in March 2026

Robert Pittman, Chairman and CEO of iHeartMedia (IHRT), has reported $6.3 million in career Form 4 purchases against just $1.4 million in sales — a 4.5:1 buy-to-sell ratio that makes him one of the more aggressively buying CEOs in the small/mid-cap space. His most recent purchase was filed on March 9, 2026, at $2.97 per share.

Key Facts

• Career buy value: $6.3 million — primarily open-market purchases
• Career sell value: $1.4 million
• Buy-to-sell ratio: 4.5:1 — strongly net buyer
• Latest purchase: March 9, 2026, at $2.97/share
• Total transactions: 198 Form 4 filings since 2003
• Roles: Chairman and CEO

Context: CEO Buying Into Weakness

iHeartMedia's stock has traded under significant pressure — at $2.97, the stock is well below historical ranges. Pittman's continued open-market purchases at these levels represent a tangible conviction signal: the CEO is using his own money to buy shares, not just receiving them as compensation.

The 4.5:1 buy-to-sell ratio is unusual. Most CEOs at companies of any size show net selling on their Form 4 records. Pittman's consistent buying suggests he believes the stock is meaningfully undervalued relative to the company's assets (the largest radio network in the U.S.) and podcast/digital revenue potential.

What to Watch

• Purchase frequency: Pittman filed Form 4s in February and March 2026 — continued buying would reinforce the signal
• Company fundamentals: iHeartMedia's debt restructuring and digital pivot are the key variables. Pittman's buying suggests he sees the business plan working
• Insider cluster: Whether other iHeartMedia executives follow Pittman's lead would amplify the signal

View Robert Pittman's full Form 4 history on 13F Insight.