Dominguez Michael J 4
4 · OUTFRONT Media Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
OUTFRONT (OUT) Director Michael Dominguez Exercises Derivatives, Receives RSUs
What Happened
Michael J. Dominguez, a director of OUTFRONT Media Inc. (OUT), recorded a series of equity-related transactions on June 3, 2026. The filing shows an exercise/conversion of a derivative that resulted in 8,636 shares acquired (also reported as a derivative disposition), the settlement/vesting of 331 shares (from dividend equivalents), and a new grant of 5,918 restricted share units (RSUs). All transactions are reported at $0.00 per share, indicating stock‑based compensation/settlement rather than cash purchases or open‑market sales.
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (appears timely within the two‑business‑day window).
- Reported amounts and prices: 8,636 shares (exercise/conversion, $0.00), 331 shares (settlement of dividend equivalents, $0.00), and 5,918 RSUs granted ($0.00).
- Vesting: The RSUs that vested in full on June 3, 2026 are noted (footnote); the 5,918 RSU grant vests in full on June 3, 2027.
- Shares owned after the transactions: not disclosed in the provided filing data.
- Holding/disclaimer: Mr. Dominguez holds reported securities for the benefit of funds/entities affiliated with PEP VIII International Ltd.; he disclaims beneficial ownership except to the extent of any pecuniary interest.
- Nature of transactions: coded as M (exercise/conversion of derivative) and A (award/grant of RSUs); no open‑market buy/sell was reported.
Context
These entries reflect compensation and settlement activity (RSU vesting and a derivative conversion), not an open‑market buy or sell. RSUs and dividend‑equivalent settlements are routine forms of director compensation and do not necessarily signal a personal market view. For retail investors, outright purchases by insiders are often more indicative of bullish conviction; awards and vesting are typically routine corporate compensation events.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-06-03+8,636→ 49,835 total - Award
Common Stock
[F3][F2]2026-06-03+331→ 50,166 total - Exercise/Conversion
Restricted Share Units
[F1][F4][F2]2026-06-03−8,636→ 0 totalFrom: 2026-06-03→ Common Stock (8,636 underlying) - Award
Restricted Share Units
[F1][F5][F6][F2]2026-06-03+5,918→ 5,918 totalFrom: 2027-06-03→ Common Stock (5,918 underlying)
Footnotes (6)
- [F1]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.
- [F2]The Reporting Person is a Director of PEP VIII International Ltd. ("PEP International"). Any securities issued to Mr. Dominguez for his service as a director of the Company are held by Mr. Dominguez for the benefit of funds or entities affiliated with PEP International. The Reporting Person disclaims beneficial ownership over the securities reported herein, except to the extent of his pecuniary interest therein, if any.
- [F3]Includes shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock at vesting.
- [F4]These restricted share units vested in full on June 3, 2026.
- [F5]Represents an award by the Company of restricted share units to the Reporting Person for services as a director to be settled by delivery of a corresponding number of shares of common stock of the Company upon vesting.
- [F6]These restricted share units vest in full on June 3, 2027.