BARRETT MICHAEL G. 4
Research Summary
AI-generated summary
OUTFRONT (OUT) Director Michael G. Barrett Receives RSU Award
What Happened Michael G. Barrett, a director of OUTFRONT Media Inc. (OUT), was granted 5,918 restricted share units (RSUs) on June 3, 2026. The award is reported as an acquisition of a derivative instrument at $0.00 per unit (transaction code A). The RSUs will convert into common shares upon vesting; there was no cash paid at grant.
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 4, 2026 (timely filing).
- Award: 5,918 RSUs; acquisition price listed as $0.00 (derivative award).
- Vesting: RSUs vest in full on June 3, 2027 (footnote F2).
- Settlement: RSUs are settled by delivery of an equal number of OUTFRONT common shares upon vesting (footnote F1).
- Shares owned after transaction: not specified in the submitted excerpt.
- Transaction type code: A = Award/Grant.
Context RSU grants are a form of compensation and do not represent an immediate purchase or sale of stock; they become equity only if and when they vest and are settled. This grant alone should not be interpreted as a buy/sell signal; monitor vesting and any subsequent sales for insight into insider sentiment.