CMLS: Walker Robert J reports shares returned to the company
By AlphaYouPublished Form 4
Walker Robert J
Reporting filer
Walker Robert J reports shares returned to the company, not an open-market purchase or sale, in Cumulus Media Inc. Form 4 filed Oct 16, 2026 lists 1 entry.
- Disclosed
- Oct 16, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.0000001 per share | Walker Robert J | 2026-10-16 | D | Disposition to issuer | 196673 | Not stated (see footnotes) | 0 | 0 days | Filed terms
|
Class A Common Stock, par value $0.0000001 per share
- Owner
- Walker Robert J
- Date
- 2026-10-16
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 196673
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Class A Common Stock, par value $0.0000001 per share
- transaction Date: 2026-10-16
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- id: F1
- id: F2
- id: F3
- transaction Timeliness:
- transaction Shares: 196673
- id: F1
- id: F2
- id: F3
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Walker Robert J: President - Operations.
- F1: On March 4, 2026, the Company and certain of its direct and indirect subsidiaries (collectively with the Company, the "Company Parties") commenced filing voluntary petitions (the "Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") seeking relief under Chapter 11 of Title 11 of the United States Code. On March 5, 2026, the Company Parties filed the Disclosure Statement for the Joint Prepackaged Chapter 11 Plan of Reorganization of Cumulus Media Inc. and Its Debtor Affiliates and the Joint Prepackaged Chapter 11 Plan of Reorganization of Cumulus Media Inc. and Its Debtor Affiliates in the Chapter 11 Cases in the Bankruptcy Court. On April 13, 2026, the Company Parties filed the Modified Joint Prepackaged Chapter 11 Plan of Reorganization of Cumulus Media Inc. and Its Debtor Affiliates (as may be amended or supplemented from time to time in accordance with its terms, the "Plan").
- F2: On April 15, 2026, the Bankruptcy Court entered an order confirming the Plan (the "Confirmation Order"). On October 16, 2026 (the "Effective Date"), the Company Parties satisfied the conditions to effectiveness of the Plan set forth in the Confirmation Order and the Plan, the Plan became effective in accordance with its terms and the Company Parties emerged from Chapter 11.
- F3: On the Effective Date, all of the Company's issued and outstanding shares of common stock, including the Company's Class A Common Stock, par value $0.0000001 per share, were cancelled and extinguished pursuant to the Plan.
Original sources
Prepared automatically from public filing data. Report a correction.