Tax withholding trims CCO officer Lynn Feldman stake, 1.55M shares remain
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clear Channel Outdoor Holdings, Inc. officer Lynn Feldman reported a tax-related share disposition tied to equity compensation. On April 1, 2026, 185,229 shares of common stock were withheld by the company at $2.37 per share to cover tax withholding obligations from vesting restricted stock units. After this withholding, Feldman directly holds 1,551,341 shares of common stock, indicating this was a compensation-driven, non–open-market event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FELDMAN LYNN
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 185,229 | $2.37 | $439K |
Holdings After Transaction:
Common Stock — 1,551,341 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 185,229 shares
Withholding price: $2.37 per share
Shares held after transaction: 1,551,341 shares
3 metrics
Tax-withheld shares
185,229 shares
Withheld on April 1, 2026 to cover RSU tax obligations
Withholding price
$2.37 per share
Value used for 185,229 withheld common shares
Shares held after transaction
1,551,341 shares
Direct common stock ownership after April 1, 2026 tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to cover tax withholding obligations in connection with the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CCO officer Lynn Feldman report on Form 4?
Lynn Feldman reported a tax-related disposition on Form 4. On April 1, 2026, 185,229 Clear Channel Outdoor common shares were withheld by the company to satisfy tax obligations from vesting restricted stock units, rather than being sold in the open market.
Was the CCO insider transaction an open-market sale or a tax-withholding event?
The transaction was a tax-withholding event, not an open-market sale. Clear Channel Outdoor withheld 185,229 common shares to cover tax obligations from restricted stock unit vesting, as clarified in the Form 4 footnote and the F transaction code description.