OUTFRONT Media (OUT) director reports new stock grant and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OUTFRONT Media Inc. director Manuel A. Diaz reported routine equity compensation activity. He received a grant of 331 shares of common stock at no cash cost, increasing his direct holdings. He also exercised 8,636 restricted share units (RSUs), which were settled in the same number of common shares, including shares from dividend equivalents at vesting.
Diaz was granted a new award of 5,918 RSUs, which will vest in full on June 3, 2027 and be settled in an equal number of common shares upon vesting. Another RSU tranche referenced in the footnotes vests in full on June 3, 2026. All transactions are acquisitions or exercises rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,636 shares exercised/converted
Mixed
4 txns
Insider
Diaz Manuel A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 5,918 | $0.00 | -- |
| Exercise | Restricted Share Units | 8,636 | $0.00 | -- |
| Exercise | Common Stock | 8,636 | $0.00 | -- |
| Grant/Award | Common Stock | 331 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 5,918 shares (Direct, null);
Common Stock — 44,880 shares (Direct, null)
Footnotes (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 3, 2027. These restricted share units vest in full on June 3, 2026.
Key Figures
Common stock grant: 331 shares
RSUs exercised into stock: 8,636 shares
New RSU grant: 5,918 units
+2 more
5 metrics
Common stock grant
331 shares
Director stock award at $0.0000 per share
RSUs exercised into stock
8,636 shares
Restricted share units converted to common stock on June 3, 2026
New RSU grant
5,918 units
Restricted share units awarded with settlement in common stock
RSU vesting date
June 3, 2027
New RSU grant vests in full on this date
Additional RSU vesting date
June 3, 2026
Separate RSU tranche vests in full on this date
Key Terms
Restricted Share Units, dividend equivalents, vest in full, Exercise or conversion of derivative security
4 terms
dividend equivalents financial
"Includes shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock..."
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.
vest in full financial
"These restricted share units vest in full on June 3, 2027."
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transactions did OUTFRONT Media (OUT) director Manuel A. Diaz report?
Manuel A. Diaz reported equity compensation activity, not open-market trades. He received 331 common shares as a grant, exercised 8,636 restricted share units into common stock, and was awarded a new tranche of 5,918 restricted share units.
Did Manuel A. Diaz buy or sell OUTFRONT Media (OUT) stock in the market?
The filing shows no open-market buys or sells. All activity reflects equity compensation: stock granted at no cash cost and restricted share units converting into common shares or being newly awarded, consistent with standard director compensation structures.
What does it mean that OUTFRONT Media (OUT) RSUs include dividend equivalents?
Dividend equivalents credit additional value when the company pays dividends. In this filing, some RSUs were settled into extra OUTFRONT Media common shares at vesting due to dividend equivalents, modestly increasing the number of shares actually delivered.