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Clear Channel Outdoor (CCO) exec receives PSUs settlement and 458,333 RSUs

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clear Channel Outdoor Holdings, Inc. executive Lynn Feldman reported equity-based compensation activity involving performance and restricted stock units. On April 29, 2026, Feldman acquired 196,078 shares of common stock at $0.00 per share upon satisfaction of performance criteria for performance stock units.

On the same date, the company withheld 224,446 shares at $2.40 per share to cover tax obligations related to the vesting of these performance stock units, which is a non-market, tax-withholding disposition. Feldman also received a grant of 458,333 restricted stock units, which vest in full on April 29, 2027, bringing direct holdings to 2,009,674 common shares after these transactions.

Positive

  • None.

Negative

  • None.
Insider FELDMAN LYNN
Role See Remarks
Type Security Shares Price Value
Grant/Award Common Stock 458,333 $0.00 --
Tax Withholding Common Stock 224,446 $2.40 $539K
Grant/Award Common Stock 196,078 $0.00 --
Holdings After Transaction: Common Stock — 2,009,674 shares (Direct, null)
Footnotes (1)
  1. Represents shares earned upon satisfaction of performance criteria in connection with performance stock units. Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units. Represents a grant of restricted stock units, which vest in full on April 29, 2027.
PSU shares vested 196,078 shares Common stock earned from performance stock units on April 29, 2026
Tax withholding shares 224,446 shares at $2.40 Shares delivered to company to cover tax obligations on vesting
RSU grant 458,333 units Restricted stock units vesting in full on April 29, 2027
Shares after transactions 2,009,674 shares Total direct common stock holdings following reported transactions
Tax withholding price $2.40 per share Value used for shares withheld to satisfy tax liabilities
performance stock units financial
"Represents shares earned upon satisfaction of performance criteria in connection with performance stock units."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
restricted stock units financial
"Represents a grant of restricted stock units, which vest in full on April 29, 2027."
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
"Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units."
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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)
04/29/2026
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 Stock04/29/2026A458,333(1)A$02,009,674D
Common Stock04/29/2026F224,446(2)D$2.41,785,228D
Common Stock04/29/2026A196,078(3)A$01,981,306D
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 shares earned upon satisfaction of performance criteria in connection with performance stock units.
2. Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.
3. Represents a grant of restricted stock units, which vest in full on April 29, 2027.
Remarks:
Executive Vice President, Chief Legal and Administrative Officer
/s/ Lynn A. Feldman05/01/2026
** 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 did the Clear Channel Outdoor (CCO) executive report in this Form 4?

The filing shows Lynn Feldman received equity compensation and related tax withholding entries. She acquired common shares from vested performance stock units and a new restricted stock unit grant, while shares were withheld by the company to satisfy tax obligations on the vesting event.

How many Clear Channel Outdoor (CCO) shares did Lynn Feldman acquire from performance stock units?

Lynn Feldman acquired 196,078 shares of Clear Channel Outdoor common stock at $0.00 per share. These shares were earned upon satisfaction of performance criteria tied to performance stock units, converting previously awarded units into actual common shares in her direct ownership.

What was the new restricted stock unit grant for Lynn Feldman at CCO?

Feldman received a grant of 458,333 restricted stock units. According to the filing, these restricted stock units vest in full on April 29, 2027, meaning she will receive the underlying common shares on that date if the vesting conditions are met.

Why were 224,446 Clear Channel Outdoor (CCO) shares disposed of in this Form 4?

The Form 4 shows 224,446 shares were withheld at $2.40 per share to cover tax withholding obligations. This transaction is coded as an F tax-withholding disposition, indicating shares were delivered to the company rather than sold in the open market.

How many Clear Channel Outdoor (CCO) shares does Lynn Feldman hold after these transactions?

Following the reported transactions, Lynn Feldman directly holds 2,009,674 shares of Clear Channel Outdoor common stock. This total reflects the net result of performance unit vesting, tax-withholding share delivery to the company, and the new restricted stock unit grant referenced in the Form 4.

Were any of Lynn Feldman’s Clear Channel Outdoor (CCO) transactions open-market buys or sells?

No open-market purchases or sales are reported. The acquisitions are from equity awards, including performance stock units and restricted stock units, while the disposition reflects shares withheld by the company to satisfy tax liabilities, not a sale to public market participants.