CCO director awarded new restricted stock units
Clear Channel Outdoor Holdings, Inc. director Joe Marchese reported equity awards in the form of restricted stock units tied to the company’s common stock.
Rhea-AI Filing Summary
Clear Channel Outdoor Holdings, Inc. director Joe Marchese reported equity awards in the form of restricted stock units tied to the company’s common stock. He acquired 38,702 units valued at $2.39 per share equivalent, vesting in four equal installments on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027 in lieu of his 2026 annual cash retainer.
He also acquired 62,761 restricted stock units that vest on January 1, 2027 under the company’s 2012 Third Amended and Restated Stock Incentive Plan. After these awards, his directly held common stock-related position reported in this filing increased, with 906,807 shares shown following the second transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,702 | $2.39 | $92K |
| Grant/Award | Common Stock | 62,761 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reporting person received 38,702 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. The reporting person received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.
- F2. The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.
FAQ
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What insider transactions did CCO director Joe Marchese report on this Form 4?
How many restricted stock units did Joe Marchese receive from Clear Channel Outdoor (CCO)?
What are the vesting terms of Joe Marchese’s new CCO equity awards?
Why did Joe Marchese receive 38,702 restricted stock units from Clear Channel Outdoor?
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