Director at Clear Channel Outdoor (NYSE: CCO) receives 62,761 restricted stock units
Rhea-AI Filing Summary
Clear Channel Outdoor Holdings, Inc. director Lisa Hammitt reported an equity award from the company. She acquired 62,761 restricted stock units at no cash cost, described as a grant or award. These units are scheduled to vest on January 1, 2027 under the 2012 Third Amended and Restated Stock Incentive Plan, increasing her equity-based interest in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAMMITT LISA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,761 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 499,687 shares (Direct)
Footnotes (1)
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AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CCO director Lisa Hammitt report?
Lisa Hammitt reported receiving an equity award from Clear Channel Outdoor Holdings. She acquired 62,761 restricted stock units at no cash cost as a grant, increasing her equity-based interest in the company, with vesting scheduled on January 1, 2027 under the stock incentive plan.
How many restricted stock units did CCO grant to director Lisa Hammitt?
Clear Channel Outdoor Holdings granted director Lisa Hammitt 62,761 restricted stock units. The award was reported at a price of $0.00 per unit and was made under the company’s 2012 Third Amended and Restated Stock Incentive Plan, subject to future vesting conditions.
When do Lisa Hammitt’s CCO restricted stock units vest?
Lisa Hammitt’s 62,761 restricted stock units are scheduled to vest on January 1, 2027. The units were granted under Clear Channel Outdoor Holdings’ 2012 Third Amended and Restated Stock Incentive Plan, meaning she must remain eligible through that vesting date to receive the underlying shares.
What type of Form 4 transaction did CCO report for Lisa Hammitt?
The Form 4 for Clear Channel Outdoor Holdings shows an acquisition coded as “A,” indicating a grant, award, or other acquisition. Lisa Hammitt received 62,761 restricted stock units rather than purchasing shares on the open market, reflecting stock-based compensation for her director role.