Clear Channel Outdoor (CCO) exec receives PSUs settlement and 458,333 RSUs
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
Key Figures
PSU shares vested: 196,078 shares
Tax withholding shares: 224,446 shares at $2.40
RSU grant: 458,333 units
+2 more
5 metrics
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
Key Terms
performance stock units, restricted stock units, tax withholding obligations, tax-withholding disposition
4 terms
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.
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.
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.
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.