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Tax withholding trims CCO officer Lynn Feldman stake, 1.55M shares remain

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FELDMAN LYNN

(Last)(First)(Middle)
C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC.
4830 NORTH LOOP 1604W, SUITE 111

(Street)
SAN ANTONIO TEXAS 78249

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clear Channel Outdoor Holdings, Inc. [ CCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F185,229(1)D$2.371,551,341D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.
Remarks:
Executive Vice President, Chief Legal and Administrative Officer
/s/ Lynn A. Feldman04/03/2026
** Signature of Reporting PersonDate
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 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Clear Channel Outdoor (CCO) shares were withheld for taxes?

The company withheld 185,229 common shares for tax obligations. These shares covered withholding taxes arising from the vesting of restricted stock units, as disclosed in the Form 4 footnote, instead of Feldman selling shares to pay those taxes directly.

At what price were the withheld CCO shares valued in the Form 4?

The withheld shares were valued at $2.37 per share. This price was used to calculate the tax-withholding disposition for 185,229 common shares connected to the vesting of restricted stock units reported on April 1, 2026.

How many Clear Channel Outdoor (CCO) shares does Lynn Feldman own after this transaction?

After the tax-withholding transaction, Feldman directly holds 1,551,341 common shares. This post-transaction balance shows that, despite the 185,229 shares withheld for taxes, Feldman retains a substantial equity position in Clear Channel Outdoor Holdings, Inc.

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.