[Form 4] OUTFRONT Media Inc. Insider Trading Activity

Rhea-AI Filing Summary

James M. Norton, EVP and Chief Revenue Officer of OUTFRONT Media Inc. (OUT) received a grant of 21,186 restricted share units (RSUs) on 08/21/2025. The RSUs are payable in shares upon vesting and vest in two equal annual installments beginning 08/21/2026. After the grant, Mr. Norton beneficially owns 21,186 shares represented by these RSUs, held in a direct ownership form. The filing was submitted by one reporting person and signed by an attorney-in-fact on 08/22/2025. The document contains no financial results, cash transactions, or other compensatory details beyond the RSU grant and its vesting schedule.

Positive

• Grant of 21,186 RSUs increases executive alignment with shareholders through equity compensation.
• Vesting over two equal annual installments (beginning 08/21/2026) supports medium‑term retention of the EVP, CRO.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine executive equity grant; small, time‑based compensation that aligns incentives without immediate dilution.

The 21,186 RSU award is a standard time‑based retention award for a senior executive. It vests in two equal annual installments starting one year after grant, indicating a focus on medium‑term retention. The RSUs settle in common shares and are reported as direct beneficial ownership of 21,186 shares post‑grant. There is no cash exercise price and no immediate sale or disposition reported. Overall, the transaction is not dilutive today and appears administratively routine for executive compensation.

Corporate Governance Expert

TL;DR: Governance signal is neutral; award follows common practice but lacks additional performance conditions.

The award is time‑based RSUs with a simple two‑year vesting schedule, which is common for aligning executive interests with shareholder value over a multi‑year horizon. The filing discloses direct ownership and settlement in shares, meeting disclosure requirements. The RSUs do not include performance metrics or accelerated vesting clauses in the disclosed text, which is notable for governance review but not atypical. No related party transactions or departures from standard reporting are evident.

SEC Form 4

FORM 4

UNITED 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

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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^*

Norton James Michael

(Last) (First) (Middle)

C/O OUTFRONT MEDIA INC.

90 PARK AVENUE, 9TH FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OUTFRONT Media Inc. [ OUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CRO, Enterprise

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	08/21/2025		A		21,186		08/21/2026(2)	(2)	Common Stock	21,186	$0	21,186	D

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. upon vesting.

2. These restricted share units vest in two equal annual installments beginning on August 21, 2026.

Remarks:

	/s/ Louis Capocasale, Attorney-in-fact for James M. Norton	08/22/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did James M. Norton report on Form 4 for OUT on 08/21/2025?

The Form 4 reports a grant of 21,186 restricted share units (RSUs) granted on 08/21/2025.

How do the RSUs granted to OUT EVP/CRO James M. Norton vest?

The RSUs vest in two equal annual installments beginning on 08/21/2026.

Will the RSUs be settled in shares for OUT (ticker OUT)?

Yes. The filing states the restricted share units are settled by delivery of common stock upon vesting.

How many shares does James M. Norton beneficially own following the reported transaction?

Following the reported transaction, Mr. Norton beneficially owns 21,186 shares represented by the RSUs.

What is James M. Norton’s role at OUTFRONT Media as listed on the Form 4?

He is listed as EVP, CRO, Enterprise and an officer of OUTFRONT Media Inc.