Clear Channel Outdoor (CCO) director granted new RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KING THOMAS C. reported acquisition or exercise transactions in this Form 4 filing.
Clear Channel Outdoor Holdings director Thomas C. King reported stock-based compensation awards. On April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027, 39,748 restricted stock units are scheduled to vest, granted under the company’s 2012 Third Amended and Restated Stock Incentive Plan in lieu of his 2026 annual cash retainer. He also received 62,761 additional restricted stock units that vest on January 1, 2027 under the same plan. These awards increase his directly held equity position but reflect compensation grants rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KING THOMAS C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,748 | $2.39 | $95K |
| Grant/Award | Common Stock | 62,761 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 838,299 shares (Direct)
Footnotes (1)
- The reporting person received 39,748 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. The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.
FAQ
What did the Clear Channel Outdoor (CCO) Form 4 report for Thomas C. King?
The Form 4 reports that director Thomas C. King received two grants of restricted stock units under CCO’s 2012 stock incentive plan, increasing his direct equity-based compensation without any open-market share purchases or sales disclosed in this filing.
How many restricted stock units did Thomas C. King receive from CCO?
Thomas C. King received 39,748 restricted stock units that vest in four installments and an additional 62,761 restricted stock units vesting on January 1, 2027, all granted under Clear Channel Outdoor Holdings’ 2012 Third Amended and Restated Stock Incentive Plan.
How do the 39,748 CCO restricted stock units granted to Thomas C. King vest?
The 39,748 restricted stock units vest in four equal installments on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027, subject to applicable award terms under Clear Channel Outdoor Holdings’ 2012 Third Amended and Restated Stock Incentive Plan.
Why did Thomas C. King receive 39,748 CCO restricted stock units for 2026?
The 39,748 restricted stock units were granted to Thomas C. King under CCO’s 2012 stock incentive plan in lieu of his 2026 annual cash retainer as a director, effectively replacing cash compensation with equity-based compensation for that year.
When do the 62,761 CCO restricted stock units granted to Thomas C. King vest?
The 62,761 restricted stock units granted to Thomas C. King vest on January 1, 2027 under Clear Channel Outdoor Holdings’ 2012 Third Amended and Restated Stock Incentive Plan, according to the Form 4 footnote describing this award’s vesting schedule.