STOCK TITAN

OUTFRONT Media (NYSE: OUT) EVP’s RSU vesting triggers tax share disposal

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

Rhea-AI Filing Summary

OUTFRONT Media Inc.'s EVP and Chief Revenue Officer Mark Emilio Bonanni reported compensation-related equity activity in the company’s common stock. On July 1, 2026, 4,507 restricted share units were exercised and settled into the same number of common shares, reflecting vesting of prior awards.

In connection with this vesting, 1,685 shares of common stock were disposed of to cover tax obligations at a price of $32.86 per share, which matches the New York Stock Exchange closing price that day. This tax-withholding disposition was not an open-market sale.

Bonanni also received an additional 164 shares as a grant or award, including shares from settlement of dividend equivalents at vesting. After these transactions, he directly owned 15,490 shares of OUTFRONT Media common stock, indicating a routine mix of vesting, tax withholding, and incremental share awards rather than discretionary buying or selling.

Positive

  • None.

Negative

  • None.
Insider Bonanni Mark Emilio
Role EVP, CRO, Commercial
Type Security Shares Price Value
Exercise Restricted Share Units 4,507 $0.00 --
Exercise Common Stock 4,507 $0.00 --
Grant/Award Common Stock 164 $0.00 --
Tax Withholding Common Stock 1,685 $32.86 $55K
Holdings After Transaction: Restricted Share Units — 4,507 shares (Direct, null); Common Stock — 15,326 shares (Direct, null)
Footnotes (1)
  1. These 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 settlement of dividend equivalents into shares of the Company's common stock at vesting. On July 1, 2026, the closing price of the Company's common stock on the New York Stock Exchange was $32.86. These restricted share units vest in two equal annual installments beginning on July 1, 2026.
Tax-withholding shares 1,685 shares at $32.86 Common stock disposed to cover tax obligations on Jul. 1, 2026
RSUs vested and exercised 4,507 restricted share units Settled into 4,507 OUTFRONT Media common shares on Jul. 1, 2026
Additional share grant 164 common shares Grant or award, including dividend equivalents, at $0.00 per share
Post-transaction holdings 15,490 common shares Direct ownership by Mark Bonanni after reported transactions
Closing stock price $32.86 per share OUTFRONT Media NYSE closing price on Jul. 1, 2026
Restricted Share Units financial
"These restricted share units are settled by delivery of a corresponding number of shares of common stock..."
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 settlement of dividend equivalents into shares of the Company's common stock at vesting."
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Bonanni Mark Emilio

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CRO, Commercial
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026M4,507A$0(1)15,326D
Common Stock07/01/2026A(2)164A$0(2)15,490D
Common Stock07/01/2026F1,685D$32.86(3)13,805D
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)07/01/2026M4,50707/01/2026(4) (4)Common Stock4,507$04,507D
Explanation of Responses:
1. These 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 settlement of dividend equivalents into shares of the Company's common stock at vesting.
3. On July 1, 2026, the closing price of the Company's common stock on the New York Stock Exchange was $32.86.
4. These restricted share units vest in two equal annual installments beginning on July 1, 2026.
Remarks:
/s/ Louis Capocasale, Attorney-in-fact for Mark E. Bonanni07/02/2026
** 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) report for Mark Bonanni?

OUTFRONT Media EVP Mark Bonanni reported vesting of 4,507 restricted share units into common stock, a tax-withholding disposition of 1,685 shares at $32.86, and a separate grant of 164 shares, all on July 1, 2026, as part of routine compensation activity.

Did OUTFRONT Media (OUT) executive Mark Bonanni sell shares in the open market?

The filing shows no open-market sale. Instead, 1,685 shares of OUTFRONT Media common stock were disposed of to satisfy tax obligations at $32.86 per share, associated with vesting equity awards, which is a standard tax-withholding mechanism rather than discretionary selling.

How many OUTFRONT Media (OUT) shares does Mark Bonanni hold after these transactions?

Following the July 1, 2026 transactions, Mark Bonanni directly owns 15,490 shares of OUTFRONT Media common stock. This amount reflects the combined effect of restricted share unit vesting, tax withholding, and a 164-share grant or award credited to him that day.

What restricted share unit activity occurred for OUTFRONT Media (OUT) on July 1, 2026?

On July 1, 2026, 4,507 restricted share units held by Mark Bonanni were settled into 4,507 OUTFRONT Media common shares. Footnotes state these units are settled in shares upon vesting and that vesting occurs in two equal annual installments beginning on that date.

At what price were the tax-withholding shares valued for OUTFRONT Media (OUT)?

The 1,685 shares used for tax withholding were valued at $32.86 per share, which the filing notes was OUTFRONT Media’s closing common stock price on the New York Stock Exchange on July 1, 2026, aligning the tax value with the market closing price.

What additional share grant did OUTFRONT Media (OUT) report for Mark Bonanni?

The filing discloses an additional grant or award of 164 shares of OUTFRONT Media common stock to Mark Bonanni at a transaction price of $0.00 per share, including shares acquired from settlement of dividend equivalents into stock upon vesting of restricted share units.