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OUTFRONT Media (OUT) director adds 9,002 common shares via grant and RSU vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

OUTFRONT Media Inc. director Mark D. Carleton reported equity-based compensation activity involving company stock. On June 11, 2026, he received a grant of 339 shares of common stock at no cost and exercised 8,663 restricted share units into the same number of common shares. The filing notes these units are settled in stock upon vesting and include shares from dividend equivalents. After these transactions, Carleton directly holds 9,002 shares of OUTFRONT Media common stock and no remaining restricted share units from this grant.

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Insider Carleton Mark D
Role null
Type Security Shares Price Value
Exercise Restricted Share Units 8,663 $0.00 --
Exercise Common Stock 8,663 $0.00 --
Grant/Award Common Stock 339 $0.00 --
Holdings After Transaction: Restricted Share Units — 0 shares (Direct, null); Common Stock — 8,663 shares (Direct, null)
Footnotes (1)
  1. The restricted share units are settled by delivery of a corresponding number of shares of common stock of OUTFRONT Media Inc. (the "Company") upon vesting. Includes shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock at vesting. These restricted share units vest in full on June 11, 2026.
Stock grant 339 shares Common stock awarded on June 11, 2026 at $0.00 per share
RSUs exercised 8,663 units Restricted share units converted into 8,663 common shares on June 11, 2026
Shares after transactions 9,002 shares Total OUTFRONT Media common shares directly held by Carleton following Form 4 activity
Exercise price $0.00 per share Conversion or exercise price for the 8,663 restricted share units into common stock
RSU vesting date June 11, 2026 Restricted share units vest in full on June 11, 2026 according to footnote
restricted share units financial
"These restricted share units vest in full on June 11, 2026."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
dividend equivalents financial
"Includes shares acquired due to the settlement of dividend equivalents into shares"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"These restricted share units vest in full on June 11, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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SEC Form 4
FORM 4UNITED 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*
Carleton Mark D

(Last)(First)(Middle)
C/O OUTFRONT MEDIA INC.
90 PARK AVENUE, 9TH FLOOR

(Street)
NEW YORK NEW YORK 10016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OUTFRONT Media Inc. [ OUT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026M8,663A$0(1)8,663D
Common Stock06/11/2026A339A$0(2)9,002D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)06/11/2026M8,66306/11/2026(3) (3)Common Stock8,663$00D
Explanation of Responses:
1. The restricted share units are settled by delivery of a corresponding number of shares of common stock of OUTFRONT Media Inc. (the "Company") upon vesting.
2. Includes shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock at vesting.
3. These restricted share units vest in full on June 11, 2026.
Remarks:
/s/ Louis Capocasale, Attorney-in-fact for Mark Carleton06/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did OUTFRONT Media (OUT) director Mark D. Carleton report?

Director Mark D. Carleton reported equity-based acquisitions. He received 339 shares of OUTFRONT Media common stock as a grant and converted 8,663 restricted share units into common shares, all at no cash cost, increasing his direct ownership position.

How many OUTFRONT Media (OUT) shares does Mark D. Carleton own after this Form 4?

After the reported transactions, Mark D. Carleton directly holds 9,002 shares of OUTFRONT Media common stock. This reflects both the 339-share grant and the 8,663 shares received from the exercise and settlement of restricted share units into common stock.

What happened to the 8,663 restricted share units reported by OUTFRONT Media (OUT)?

The 8,663 restricted share units were exercised and settled into 8,663 shares of OUTFRONT Media common stock on June 11, 2026. Following this conversion, the number of restricted share units from this award dropped to zero in the reported holdings.

Did OUTFRONT Media (OUT) director Mark D. Carleton buy or sell shares in the market?

The Form 4 does not show open-market buys or sells. It reports a stock grant of 339 common shares and the exercise of 8,663 restricted share units into common shares, both compensation-related transactions with no purchase or sale price per share.

What do the dividend equivalents mentioned for OUTFRONT Media (OUT) shares mean?

The filing notes that Carleton’s reported common shares include amounts from the settlement of dividend equivalents into stock. Dividend equivalents are cash or share credits tied to dividends on underlying units that, at vesting, are converted into additional shares of common stock.

When did the OUTFRONT Media (OUT) restricted share units for Mark D. Carleton vest?

The restricted share units reported in this Form 4 vested in full on June 11, 2026. Upon vesting, they were settled by delivering a corresponding number of OUTFRONT Media common shares, resulting in 8,663 new common shares held directly by Carleton.