Dionne John D. 4
Research Summary
AI-generated summary
Clear Channel (CCO) Director John D. Dionne Receives Award
What Happened
- John D. Dionne, a director of Clear Channel Outdoor Holdings, Inc. (CCO), was granted a total of 106,694 restricted stock units (RSUs) on 2026-02-18. The filing shows 43,933 RSUs reported at $2.39/share (total reported value $105,000) and 62,761 RSUs reported at $0.00 on the Form 4. These were awards under the company’s 2012 Stock Incentive Plan and were issued in lieu of his 2026 cash retainer (per the filing).
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
- Grants reported: 43,933 RSUs at $2.39 (reported value $105,000) and 62,761 RSUs at $0.00 (reported value $0).
- Total RSUs granted: 106,694.
- Vesting: 43,933 RSUs vest in four equal installments on Apr 1, 2026; Jul 1, 2026; Oct 1, 2026; and Jan 1, 2027 (Footnote F1). The 62,761 RSUs vest on Jan 1, 2027 (Footnote F2).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Nature of transaction code: A = Award/Grant (compensation), not an open-market purchase or sale.
Context
- RSUs are compensation awards that convert to actual shares only upon vesting; they are routine director pay and do not represent an immediate purchase or sale of stock. The awards were issued in lieu of a cash retainer, per the footnote, and the filing does not itself indicate buying/selling sentiment.