WELLS SCOTT 4
4 · Clear Channel Outdoor Holdings, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Clear Channel (CCO) CEO Scott Wells Sells 382,812 Shares (Tax Withholding)
What Happened
- Scott Wells, CEO of Clear Channel Outdoor Holdings, reported that 382,812 shares were disposed on April 1, 2026 at $2.37 per share for a total value of approximately $907,264. The transaction code F indicates these shares were withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not an open-market sale.
Key Details
- Transaction date and price: April 1, 2026; 382,812 shares at $2.37 each.
- Total value: ~ $907,264.
- Shares owned after transaction: Not specified in the summary filing excerpt; see the full Form 4 for post-transaction holdings.
- Footnotes: F1 — shares withheld to cover tax withholding on RSU vesting; F2 — some shares are held in the Wells 2013 Irrevocable Trusts for beneficiaries Evelyn G. Wells and Charles R. Wells.
- Filing timeliness: Form filed April 3, 2026 (timely reporting for an April 1 transaction).
Context
- This was a tax-withholding/cashless retention related to RSU vesting (transaction code F), not a deliberate open-market sale that would necessarily signal a change in insider sentiment. Tax withholding disposals are routine when equity awards vest.
Insider Transaction Report
Form 4
WELLS SCOTT
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-04-01$2.37/sh−382,812$907,264→ 4,533,202 total
Holdings
- 40,000(indirect: See Footnote)
Common Stock
[F2]
Footnotes (2)
- [F1]Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.
- [F2]These shares are held by the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R. Wells and Gary Smith Trustees for the Benefit of Evelyn G. Wells, and the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R. Wells and Gary Smith Trustees for the Benefit of Charles R. Wells.
Signature
/s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott Wells|2026-04-03