United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

US · SEC FORM 4

CUMULUS MEDIA INC

CMLS · — · CIK 0001058623 · Communication Services

INSIDER SIGNAL

No active buy signal

0 qualifying P purchase groups
in the current 180-day scoring window

10 Form 4 transaction lines observed in the same window
0 sales · 10 option, withholding, award, gift or other lines

Last qualifying purchaseNo qualifying purchase is present in the local Form 4 history.

WHY NO ACTIVE SIGNAL?

Purchase activityNone

Recent buyingNone

Recent salesNone

Buy signal statusInactive

Score anatomy

No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.

ClusterNot calculated

Purchase sizeNot calculated

RoleNot calculated

RecencyNot calculated

ConvictionNot calculated

Why is there no score?

No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
Sales and other Form 4 activity remain visible as context and do not create a negative score.

Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct

Berner Mary G.President & CEO

○

Lopez-Balboa Francisco JSee Remarks

○

Galbraith Steven MDirector

○

JONES COLLIN R.See Remarks

○

Denning RichardSee Remarks

○

FARRINGTON DEBORAH ADirector

○

● Purchase▼ Sale○ Other

Showing the six most active owners; 3 additional owner(s) remain in Form 4 evidence.

Purchase breadth, concentration & cluster buying

These modules activate when qualifying purchases enter the 180-day research window.

SIGNAL HISTORY

No recorded active-signal snapshot

Scores are archived only when the company qualifies for a published US buy-signal snapshot.—

Recent Form 4 activity

0Purchases

0Sales

10Other Form 4 lines

9SEC filings · 365 days

BUYING0 qualifying P line(s) · 180 days

SELLING0 sale line(s) · context only

OTHER10 exercise / withholding / award / gift / other lines

10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.

Short interest

The FINRA report lists no short interest for this ticker.

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

No qualifying code P equity purchase is present in the local Form 4 history.

Form 4 evidence

10 transaction lines in the latest 365-day window; 144 in local history.

Date	Owner	Type	Security	Shares	Avg. price	Approx. value	Source
2026-10-16	Walker Robert J	D (D)	Class A Common Stock, par value $0.0000001 per share	196,673	USD —	USD —	SEC filing ↗
2026-10-16	Milner David Edward	D (D)	Class A Common Stock, par value $0.0000001 per share	194,749	USD —	USD —	SEC filing ↗
2026-10-16	Lopez-Balboa Francisco J	D (D)	Class A Common Stock, par value $0.0000001 per share	492,956	USD —	USD —	SEC filing ↗

Show recent Form 4 evidence (9 grouped rows)

Date	Owner	Type	Security	Shares	Avg. price	Approx. value	Source
2026-10-16	Walker Robert J	D (D)	Class A Common Stock, par value $0.0000001 per share	196,673	USD —	USD —	SEC filing ↗
2026-10-16	Milner David Edward	D (D)	Class A Common Stock, par value $0.0000001 per share	194,749	USD —	USD —	SEC filing ↗
2026-10-16	Lopez-Balboa Francisco J	D (D)	Class A Common Stock, par value $0.0000001 per share	492,956	USD —	USD —	SEC filing ↗
2026-10-16	JONES COLLIN R.	D (D)	Class A Common Stock, par value $0.0000001 per share	162,100	USD —	USD —	SEC filing ↗
2026-10-16	HOBSON ANDREW W	D (D)	Class A Common Stock, par value $0.0000001 per share	184,155	USD —	USD —	SEC filing ↗
2026-10-16	Galbraith Steven M	D (D)	Class A Common Stock, par value $0.0000001 per share	575,200	USD —	USD —	SEC filing ↗
2026-10-16	FARRINGTON DEBORAH A	D (D)	Class A Common Stock, par value $0.0000001 per share	62,786	USD —	USD —	SEC filing ↗
2026-10-16	Denning Richard	D (D)	Class A Common Stock, par value $0.0000001 per share	181,723	USD —	USD —	SEC filing ↗
2026-10-16	Berner Mary G.	D (D)	Class A Common Stock, par value $0.0000001 per share	1,045,453	USD —	USD —	SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date	2026-10-18
Ranking version	US-v1.2
Data quality	REVIEW MAPPING_REVIEW · mapping-review-required
Ticker	CMLS
CIK	0001058623
Sector	Communication Services
Industry	— Yahoo Finance
SEC SIC	4832 Radio Broadcasting Stations
Exchange	—

Data coverage

Local Form 4 history	144 transaction lines from 2020-02-13 to 2026-10-16 0 P purchase lines · 13 S sale lines · 131 other lines
SEC company submissions	Open SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.