Clear Channel Outdoor completes $2.43-per-share merger

Pacific Investment Management Company LLC reported that it ceased to be the beneficial owner of more than 5% of CCO’s outstanding common stock.

Rhea-AI Filing Summary

Clear Channel Outdoor Holdings, Inc. reported that the Merger was consummated on October 14, 2026. Each issued and outstanding common share was converted into the right to receive $2.43 in cash.

Pacific Investment Management Company LLC reported beneficial ownership of 0 shares, or 0%, and stated it ceased to be the beneficial owner of more than 5% of the outstanding common stock on October 14, 2026. It also reported zero sole and shared voting power and zero sole and shared dispositive power. Apart from the Merger-related disclosure, it reported no common-stock transactions during the 60 days prior to the amendment by itself or, to its knowledge, any of its executive officers or directors.

Key Figures

Merger cash consideration: $2.43 per share Beneficially owned shares: 0 shares Percentage of class beneficially owned: 0% +2 more

5 metrics

Merger cash consideration $2.43 per share Right to receive for each issued and outstanding common share

Beneficially owned shares 0 shares Pacific Investment Management Company LLC

Percentage of class beneficially owned 0% Pacific Investment Management Company LLC

Beneficial ownership threshold More than 5% The reporting person stated it ceased to be the beneficial owner of this amount on October 14, 2026

Period for reported transactions 60 days No other common-stock transactions were reported during the period prior to the amendment, subject to the stated knowledge qualification

Key Terms

beneficial owner, Shared Voting Power, Shared Dispositive Power

3 terms

beneficial owner regulatory

"ceased to be the beneficial owner of more than five percent"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

Shared Voting Power regulatory

"Shared Voting Power 0.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Shared Dispositive Power regulatory

"Shared Dispositive Power 0.00"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What cash consideration did the CCO merger provide per share?

Each issued and outstanding share of Clear Channel Outdoor Holdings, Inc. common stock was converted into the right to receive $2.43 in cash when the Merger was consummated on October 14, 2026.

Did Pacific Investment Management Company LLC remain above 5% ownership of CCO?

No. Pacific Investment Management Company LLC stated that it ceased to be the beneficial owner of more than 5% of CCO’s outstanding common stock on October 14, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/16/2026 - 08:53 PM EDT Accepted by SEC EDGAR 10/16/2026 - 08:53 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)

Clear Channel Outdoor Holdings, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

18453H106

(CUSIP Number)

Zephram Yowell
Pacific Investment Management Co LLC, 650 Newport Center Drive
Newport Beach, CA, 92660
(949) 720-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

10/14/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 18453H106

1

Name of reporting person

Pacific Investment Management Company LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0 %

14

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.01 per share
(b)	Name of Issuer: Clear Channel Outdoor Holdings, Inc.
(c)	Address of Issuer's Principal Executive Offices: 4830 North Loop 1604W, Suite 111, San Antonio, TEXAS , 78249.
Item 1 Comment: This Amendment No. 6 ("Amendment No. 6") amends and supplements the Schedule 13D filed on May 13, 2019 (the "Original Schedule 13D") as amended by Amendment No. 1 thereto on July 10, 2019 ("Amendment No. 1"), Amendment No. 2 thereto on July 31, 2019 ("Amendment No. 2"), Amendment No. 3 thereto on August 2, 2019 ("Amendment No. 3"), Amendment No. 4 thereto on July 14, 2023 ("Amendment No. 4"), and Amendment No. 5 thereto on February 11, 2026 ("Amendment No. 5" and, together with the Original Schedule 13D, Amendment Nos. 1, 2, 3, and 4, the "Schedule 13D"), relating to the shares of common stock, par value $0.01 per share (the "Common Stock"), of Clear Channel Outdoor Holdings, Inc., a Delaware corporation (the "Issuer"). Each Item below amends and supplements the information disclosed under the corresponding Item of the Schedule 13D. Except as specifically provided herein, this Amendment No. 6 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not defined in this Amendment No. 6 shall have the same meanings herein as are ascribed to such terms in the Schedule 13D.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended to add the following: On October 14, 2026, the Merger was consummated and each issued and outstanding share of Common Stock of the Issuer was converted into the right to receive cash in an amount equal to $2.43.
Item 5.	Interest in Securities of the Issuer
(a)	The information contained in Item 5(a) of the Schedule 13D is hereby amended to add the following: Items 7-13 of the cover page of this Amendment No. 6 are incorporated herein by reference.
(b)	The information contained in Item 5(b) of the Schedule 13D is hereby amended to add the following: Items 7-13 of the cover page of this Amendment No. 6 are incorporated herein by reference.
(c)	The information contained in Item 5(c) of the Schedule 13D is hereby amended to add the following: Other than as disclosed in Item 4 hereof, there have been no transactions with respect to the Common Stock during the sixty days prior to the date of this Amendment No. 6 by the Reporting Person or, to its knowledge, by any executive officer or director of the Reporting Person.
(e)	On October 14, 2026, the Reporting Person ceased to be the beneficial owner of more than five percent of the outstanding Common Stock.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Pacific Investment Management Company LLC

Signature:	/s/ Alyssa Creighton
Name/Title:	Alyssa Creighton, Senior Vice President
Date:	10/16/2026