CMLS (CUMULUS MEDIA INC A)

Insider Trading Activity

Every open-market purchase and sale reported by CMLS officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

Form 4 Filings
50
most recent
Open-Market Buys
0
code P
Sales
1
code S
Reporting Insiders
25
current holders
CMLS — Recent Form 4 Transactions (latest 2025-02-25)
FiledInsiderRole TypeSharesValue
2025-02-25 Robert J Walker President - Operations MIXED
2025-02-25 Mary G. Berner President & CEO MIXED
2025-02-25 COLLIN R. JONES See Remarks MIXED
2025-02-25 Richard Denning See Remarks MIXED
2025-02-25 David Edward Milner President - Operations MIXED
2025-02-25 Francisco J Lopez-Balboa See Remarks MIXED
2024-05-07 Joan H Gillman Director A
2024-05-07 Matthew Blank Director A
2024-05-07 Brian Kushner Director A
2024-05-07 DEBORAH A FARRINGTON Director A
2024-05-07 ANDREW W HOBSON Director A
2024-05-07 Thomas H Castro Director A
2024-02-28 Francisco J Lopez-Balboa See Remarks MIXED
2024-02-28 Richard Denning See Remarks MIXED
2024-02-28 COLLIN R. JONES See Remarks MIXED
2024-02-28 David Edward Milner President - Operations MIXED
2024-02-28 Robert J Walker President - Operations MIXED
2024-02-28 Mary G. Berner President & CEO MIXED
2024-02-21 David Edward Milner President - Operations A
2024-02-21 Francisco J Lopez-Balboa See Remarks A
2024-02-21 Mary G. Berner President & CEO A
2024-02-21 Richard Denning See Remarks A
2024-02-21 COLLIN R. JONES See Remarks A
2024-02-21 Robert J Walker President - Operations A
2024-02-09 Renew Group Private Ltd 10%+ Owner X
2023-04-28 Joan H Gillman Director A
2023-04-28 DEBORAH A FARRINGTON Director A
2023-04-28 Matthew Blank Director A
2023-04-28 Brian Kushner Director A
2023-04-28 Thomas H Castro Director A
2023-04-28 ANDREW W HOBSON Director A
2023-03-07 Robert J Walker President - Operations A
2023-03-07 Richard Denning See Remarks A
2023-03-07 Francisco J Lopez-Balboa See Remarks A
2023-03-07 David Edward Milner President - Operations A
2023-03-07 Mary G. Berner President & CEO A
2023-02-24 David Edward Milner President - Operations MIXED
2023-02-24 Richard Denning See Remarks MIXED
2023-02-24 Francisco J Lopez-Balboa See Remarks MIXED
2023-02-24 Suzanne M Grimes See Remarks MIXED
2023-02-24 Robert J Walker President - Operations MIXED
2023-02-24 Mary G. Berner President & CEO MIXED
2022-08-26 DEBORAH A FARRINGTON Director A
2022-05-06 Matthew Blank Director A
2022-05-05 Joan H Gillman Director A
2022-05-05 DAVID M BAUM Director A
2022-05-05 ANDREW W HOBSON Director A
2022-05-05 Thomas H Castro Director A
2022-05-05 Brian Kushner Director A
2022-05-04 David Edward Milner President - Operations Sell
CMLS — Current Insider Holders
InsiderRole Shares HeldValue
Director 121,017,532
Director 119,643,742
Director 119,108,080
Director 118,904,063
Director 115,271,029
Director 64,970,642
Director 59,157,083
10%+ Owner 9,060,014
10%+ Owner 6,999,944
Director 6,756,238
Director 6,657,338
10%+ Owner 4,054,612
10%+ Owner 3,668,528
President & CEO 3,492,571
10%+ Owner 3,372,393
10%+ Owner 3,270,917
EVP/Content & Programming 2,122,857
10%+ Owner 2,054,500
10%+ Owner 1,883,500
10%+ Owner 1,792,000
10%+ Owner 1,693,410
Director 1,661,818
10%+ Owner 1,627,326
President & CEO 1,083,960
See Remarks 507,134
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the CMLS quote page; the site-wide leaderboard is on the insider transactions hub.