[Form 4] OUTFRONT Media Inc. Insider Trading Activity

Rhea-AI Filing Summary

INSIDER GRANT SUMMARY Nicolas Brien, CEO and a director of OUTFRONT Media Inc. (OUT), was granted restricted share units on 09/04/2025 that will settle into common stock upon vesting. The filing reports two awards: 53,705 restricted share units that cliff vest on September 4, 2028, and 225,734 restricted share units that also cliff vest on September 4, 2028 but are subject to certification of three-year performance targets tied to the company’s share price at the end of the performance period. Following these grants, Mr. Brien beneficially owns 279,439 shares underlying the reported RSUs, all held directly.

The Form 4 was signed on 09/08/2025 by an attorney-in-fact. No purchase price was associated with the reported RSUs and they are reported as having a $0 price, consistent with standard equity compensation awards that convert to common stock on vesting.

Positive

• 279,439 RSUs awarded in total (53,705 time-based; 225,734 performance-conditioned), all settling into common stock upon vesting
• Common vesting date of September 4, 2028 provides clarity on timeline for potential share delivery
• Performance certification applies to the larger tranche, tying a portion of award to three-year share-price targets

Negative

• None.

Insights

Securities Analyst

TL;DR: CEO received time- and performance-based restricted share units totaling 279,439 underlying shares, vesting on 09/04/2028.

The filing documents non-cash equity awards to Nicolas Brien comprised of two restricted share unit grants dated 09/04/2025. One tranche of 53,705 RSUs cliff vests on 09/04/2028 and a larger tranche of 225,734 RSUs also cliff vests on 09/04/2028 conditional upon certification of price-based performance targets measured at the end of a three-year period. The awards are reported at $0 price and settle into common stock upon vesting, increasing potential dilution only upon conversion. This is a routine executive compensation disclosure rather than a cash transaction.

Corporate Governance Expert

TL;DR: Equity awards mix time-based and performance-based RSUs, aligning long-term CEO incentives with share-price performance.

The Form 4 indicates the company granted RSUs with a common vesting date in 2028 and an explicit performance certification requirement for the larger tranche. The presence of a performance condition for 225,734 RSUs is a governance detail that ties a material portion of compensation to multi-year stock performance. The filing is procedural and discloses beneficial ownership and award mechanics without additional governance actions or changes in control disclosed.

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

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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^*

Brien Nicolas

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025

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)	09/04/2025		A		53,705		09/04/2028(2)	(2)	Common Stock	53,705	$0	53,705	D
Restricted Share Units	(1)	09/04/2025		A		225,734		09/04/2028(3)	(3)	Common Stock	225,734	$0	225,734	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. (the "Company") upon vesting.

2. These restricted share units cliff vest on September 4, 2028.

3. These restricted share units cliff vest on September 4, 2028, subject to the certification of performance targets related to the price per share of the Company's common stock at the end of a three-year performance period.

Remarks:

	/s/ Louis Capocasale, Attorney-in-fact for Nicolas Brien	09/08/2025
	** 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 did OUT CEO Nicolas Brien receive on 09/04/2025?

He was granted 279,439 restricted share units: 53,705 time-based RSUs and 225,734 RSUs subject to performance certification.

When do the RSUs granted to Nicolas Brien vest?

Both RSU tranches cliff vest on September 4, 2028 (the performance tranche vests subject to certification of performance targets).

Will the RSUs convert into common stock and at what price?

Yes. The RSUs settle into common stock upon vesting and are reported at a $0 price in the Form 4.

How many shares will be delivered if all RSUs vest?

53,705 shares from the time-based RSUs and 225,734 shares from the performance RSUs, totaling 279,439 shares.

Who signed the Form 4 and when was it filed?

Signed by Louis Capocasale, attorney-in-fact for Nicolas Brien, on 09/08/2025 as shown on the filing.