Clear Channel (NYSE: CCO) director granted 62,761 restricted stock units
Rhea-AI Filing Summary
Clear Channel Outdoor Holdings director Timothy Peter Jones reported an equity award. He acquired 62,761 shares of Common Stock through a grant of restricted stock units at a stated price of $0.00 per share.
These 62,761 restricted stock units vest on January 1, 2027 under the company’s 2012 Third Amended and Restated Stock Incentive Plan, bringing his reported holdings after the award to 190,030 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 62,761 shares
Net Buy
1 txn
Insider
JONES TIMOTHY PETER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,761 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 190,030 shares (Direct)
Footnotes (1)
- F1. The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan.
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FAQ
What did Clear Channel Outdoor (CCO) director Timothy Peter Jones report on this Form 4?
Timothy Peter Jones reported an equity award on this Form 4. He received 62,761 restricted stock units of Clear Channel Outdoor common stock, recorded as acquired at $0.00 per share, under the company’s 2012 Third Amended and Restated Stock Incentive Plan.
When do Timothy Peter Jones’s 62,761 Clear Channel (CCO) restricted stock units vest?
The 62,761 restricted stock units vest on January 1, 2027. This vesting schedule is specified under Clear Channel Outdoor Holdings, Inc.’s 2012 Third Amended and Restated Stock Incentive Plan, as described in the Form 4 footnote.
Was cash involved in Timothy Peter Jones’s Clear Channel (CCO) equity transaction?
No cash purchase is indicated for this transaction. The 62,761 common shares were acquired via a grant of restricted stock units with a stated transaction price of $0.00 per share, reflecting a compensatory equity award rather than an open-market buy.
Under which plan were Timothy Peter Jones’s Clear Channel (CCO) restricted stock units granted?
The restricted stock units were granted under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan. This plan governs the terms of his 62,761-unit award and its vesting on January 1, 2027.