Clear Channel Outdoor (NYSE: CCO) CRO details stock, RSU and PSU stakes

Rhea-AI Filing Summary

Clear Channel Outdoor Holdings, Inc. executive Robert McCuin, EVP and Chief Revenue Officer, filed an initial ownership report showing his equity interests in the company. This Form 3 does not reflect new purchases or sales but establishes his current holdings.

He directly holds 845,432 shares of common stock, which include 534,632 restricted stock units that vest in tranches on April 1, 2026, 2027, and 2028. He also reports 641,025 performance stock units that may vest in one-third increments based on stock price hurdles between May 31, 2024 and May 31, 2028, and 14,109 fully vested stock options, all held directly.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

McCuin Robert

(Last) (First) (Middle)

C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC.

4830 NORTH LOOP 1604W, SUITE 111

(Street)

SAN ANTONIO TX 78249

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/18/2026

3. Issuer Name and Ticker or Trading Symbol
Clear Channel Outdoor Holdings, Inc. [ COO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Revenue Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	845,432(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(2)	(2)	Common Stock	641,025	(2)	D
Option (Right to Buy)	(3)	06/03/2026	Common Stock	14,109	$5.69	D

Explanation of Responses:

1. Includes 534,632 restricted stock units of Clear Channel Outdoor Holdings, Inc. (the "Company"), of which 255,411 vest on April 1, 2026, 172,078 vest on April 1, 2027 and 107,143 vest on April 1, 2028.

2. Each performance stock unit represents a contingent right to receive one share of the Company's common stock. The performance stock units vest and become earned in one-third increments based on the achievement of specified stock price performance hurdles during a four-year performance period, beginning on May 31, 2024 and ending on May 31, 2028, subject to service-based vesting conditions.

3. Options are fully vested.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Robert McCuin	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What does the Form 3 filed by Clear Channel Outdoor (CCO) executive Robert McCuin show?

The Form 3 shows Robert McCuin’s initial ownership in Clear Channel Outdoor. He reports common shares, restricted stock units, performance stock units, and stock options, establishing his baseline equity position without indicating any recent buying or selling activity.

How many Clear Channel Outdoor (CCO) common shares does Robert McCuin report owning?

Robert McCuin reports direct ownership of 845,432 shares of Clear Channel Outdoor common stock. This total includes 534,632 restricted stock units that vest over time, reflecting both currently vested and time-based equity awards tied to his role.

What equity awards in Clear Channel Outdoor (CCO) does Robert McCuin hold besides common stock?

In addition to common stock, Robert McCuin reports 641,025 performance stock units and 14,109 stock options. The options are fully vested, while the performance units vest only if specified stock price hurdles and service-based conditions are met over a defined period.

When do Robert McCuin’s restricted stock units in Clear Channel Outdoor (CCO) vest?

Of the 534,632 restricted stock units reported, 255,411 vest on April 1, 2026, 172,078 on April 1, 2027, and 107,143 on April 1, 2028. These time-based vesting dates govern when he actually receives the underlying common shares.

How do Robert McCuin’s performance stock units in Clear Channel Outdoor (CCO) vest?

Each performance stock unit is a right to one CCO share, vesting in one-third increments. Vesting depends on achieving specified stock price performance hurdles during a four-year period from May 31, 2024 to May 31, 2028, plus continued service requirements.

Are Robert McCuin’s stock options in Clear Channel Outdoor (CCO) currently exercisable?

Yes. The filing states that McCuin’s 14,109 stock options are fully vested. Being fully vested means he has the right, under the option terms, to exercise them for Clear Channel Outdoor common shares subject to any plan or agreement conditions.