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Clear Channel Outdoor (CCO) director granted new RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
SEC Form 4
FORM 4 UNITED 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*
KING THOMAS C.

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

(Street)
SAN ANTONIO TX 78249

(City) (State) (Zip)
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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/18/2026 A 39,748(1) A $2.39 838,299 D
Common Stock 02/18/2026 A 62,761(2) A $0.00 901,060 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.
/s/ Lynn A. Feldman as Attorney-in-fact on behalf of Thomas C. King 02/20/2026
** Signature of Reporting Person Date
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.

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.

Did Thomas C. King buy or sell Clear Channel Outdoor (CCO) shares in this Form 4?

The Form 4 shows only grant or award acquisitions of restricted stock units for Thomas C. King. It does not report any open-market buying or selling of Clear Channel Outdoor Holdings common stock in these transactions.
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