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Walker Robert J – ‘4’ for 2/26/24 re: Cumulus Media Inc.

On:  Wednesday, 2/28/24, at 3:18pm ET   ·   For:  2/26/24   ·   As:  Officer   ·   Accession #:  1058623-24-39   ·   File #:  1-38108

Previous ‘4’:  ‘4’ on 2/21/24 for 2/17/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/28/24  Walker Robert J                   4          Officer     1:6K   Cumulus Media Inc.                Cumulus Media Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      6K 
                Securities by an Insider --                                      
                wk-form4_1709151479.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1709151479.xml/5.8
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<ownershipDocument>
<schemaVersion> X0508 </schemaVersion>
<documentType> 4 </documentType>
<periodOfReport> 2024-02-26 </periodOfReport>
<notSubjectToSection16> 0 </notSubjectToSection16>
<issuer>
<issuerCik> 0001058623 </issuerCik>
<issuerName> CUMULUS MEDIA INC </issuerName>
<issuerTradingSymbol> CMLS </issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik> 0001776402 </rptOwnerCik>
<rptOwnerName> Walker Robert J </rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1> C/O CUMULUS MEDIA INC. </rptOwnerStreet1>
<rptOwnerStreet2> 780 JOHNSON FERRY ROAD NE SUITE 500 </rptOwnerStreet2>
<rptOwnerCity> ATLANTA </rptOwnerCity>
<rptOwnerState> GA </rptOwnerState>
<rptOwnerZipCode> 30342 </rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector> 0 </isDirector>
<isOfficer> 1 </isOfficer>
<isTenPercentOwner> 0 </isTenPercentOwner>
<isOther> 0 </isOther>
<officerTitle> President - Operations </officerTitle>
</reportingOwnerRelationship>
</reportingOwner>
<aff10b5One> 0 </aff10b5One>
<nonDerivativeTable>
<nonDerivativeTransaction>
<securityTitle>
<value> Class A Common Stock, par value $0.0000001 per share </value>
</securityTitle>
<transactionDate>
<value> 2024-02-26 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> A </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 8933 </value>
<footnoteId id="F1"/>
</transactionShares>
<transactionPricePerShare>
<value> 0 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> A </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 200013 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value> Class A Common Stock, par value $0.0000001 per share </value>
</securityTitle>
<transactionDate>
<value> 2024-02-26 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> F </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 3472 </value>
<footnoteId id="F2"/>
</transactionShares>
<transactionPricePerShare>
<value> 0 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 196541 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
</nonDerivativeTable>
<derivativeTable></derivativeTable>
<footnotes>
<footnote id="F1"> This amount represents 1,500 vested performance-based restricted stock units awarded on February 13, 2020, 1,612 vested performance-based restricted stock units awarded on February 5, 2021, 3,892 vested performance-based restricted stock units awarded on February 3, 2022, and 1,929 vested performance-based restricted stock units awarded on March 3, 2023. </footnote>
<footnote id="F2"> Shares withheld to cover the tax withholding obligation due to the vesting of performance-based restricted stock units. </footnote>
</footnotes>
<remarks></remarks>
<ownerSignature>
<signatureName> /s/ Richard S. Denning, Attorney-In-Fact </signatureName>
<signatureDate> 2024-02-28 </signatureDate>
</ownerSignature>
</ownershipDocument>


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Filing Submission 0001058623-24-000039   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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