OUTFRONT Media (NYSE: OUT) EVP’s RSU vesting triggers tax share disposal
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 Trade Summary
| 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 |
Footnotes (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.