iHeartMedia stockholders approve 13 million share increase to 2021 incentive plan
At its June 4, 2026 annual meeting, iHeartMedia stockholders approved a second amendment to the 2021 Long-Term Incentive Award Plan, raising the reserved Class A shares to 32,000,000 and extending grant authority through June 4, 2036. Stockholders also re-elected eight directors and approved the auditor and executive pay proposals, so the plan change may dilute existing holders to the extent new awards are granted.
Key points
- Plan amendment adds 13,000,000 Class A shares, bringing the total reserved to 32,000,000; incentive stock option limit also rises by 13,000,000 shares
- Plan amendment passed with 94,485,819 votes for and 4,225,053 against
- Advisory say-on-pay proposal passed with 83,318,864 votes for and 15,393,581 against
- Eight directors, including Robert W. Pittman and James A. Rasulo, were elected to one-year terms ending at the 2027 annual meeting
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.