BlackRock Portfolio Management LLC - Sep 5, 2025 Form 4 Insider Report for Mediaco Holding Inc. (MDIA)

Role
10%+ Owner
Signature
BlackRock Portfolio Management LLC; By: /s/ Joseph Virgilio, Authorized Signatory
Stock symbol
MDIA
Transactions as of
Sep 5, 2025
Transactions value $
-$282
Form type
4
Date filed
9/8/2025, 04:06 PM
Previous filing
Aug 19, 2025
Next filing
Oct 3, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BlackRock Portfolio Management LLC 10%+ Owner 50 HUDSON YARDS, NEW YORK BlackRock Portfolio Management LLC; By: /s/ Joseph Virgilio, Authorized Signatory 2025-09-08 0002052113

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDIA Class A Common Stock Exercise of in-the-money or at-the-money derivative security +28.2M +400% 35.3M Sep 5, 2025 See Footnote F1, F2, F3
transaction MDIA Class A Common Stock Sale -$282 -214 0% $1.32 35.3M Sep 5, 2025 See Footnote F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MDIA Warrant (Right to buy) Exercise of in-the-money or at-the-money derivative security $0 -28.2M -100% $0.00 0 Sep 5, 2025 Common Stock 28.2M See Footnote F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 5, 2025, SLF LBI Aggregator, LLC ("Aggregator") exercised a warrant to purchase 28,206,152 shares of Issuer's common stock for $0.00001 per share. Aggregator paid the exercise price on a cashless basis, resulting in Issuer's withholding of 214 of the warrant shares to pay the exercise price.
F2 The exercise price of the Warrant is $0.00001.
F3 HPS Group GP, LLC ("HPS Group") is the non-member manager of Aggregator. Scott Kapnick is the sole member of HPS Group. Each of Scott Kapnick, HPS Group, Aggregator and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein, if any.
F4 The Warrant is currently exercisable for the full amount.

Remarks:

In accordance with SEC Release No. 34-39538 (January 12, 1998), BlackRock Portfolio Management LLC is reporting Issuer securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. This filing does not include Issuer securities, if any, beneficially owned by other business units whose beneficial ownership of securities is disaggregated from that of the Reporting Business Units in accordance with such release.