12:49 PM EST, 03/06/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph.)

iHeartMedia (IHRT) shares were up nearly 26% in recent Thursday trading after Chief Executive Robert Pittman disclosed the purchase of 200,000 company shares at a weighted average price of $1.60 per share.

Pittman now has control over a total of 4,263,121 class A common shares, with 4,241,389 shares held directly and 21,732 controlled indirectly, according to a form 4 filing with the US Securities and Exchange Commission.

Price: 1.90, Change: +0.39, Percent Change: +25.83