Sailer David 4
4 · Clear Channel Outdoor Holdings, Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Clear Channel (CCO) CFO David Sailer Receives Awards; Shares Withheld
What Happened David Sailer, Executive Vice President and Chief Financial Officer of Clear Channel Outdoor Holdings, received two equity awards on April 29, 2026: 291,666 shares earned upon satisfaction of performance criteria (performance stock units) and a grant of 196,078 restricted stock units (RSUs). To cover tax withholding obligations on the vested awards, 142,829 shares were withheld by the company at $2.40 per share, generating approximately $342,790. The RSU grant vests in full on April 29, 2027.
Key Details
- Transaction date: 2026-04-29; Form 4 filed 2026-05-01 (appears timely within standard reporting window).
- Awards received: 291,666 PSUs (earned) and 196,078 RSUs (grant).
- Tax withholding: 142,829 shares withheld at $2.40/share → ~$342,790 (disposition code F for tax withholding).
- Transaction codes: A = award/grant/acquisition; F = shares withheld to satisfy tax obligations.
- Shares owned after the transactions: not disclosed in the excerpt of the filing.
- Role: David Sailer — Executive Vice President, Chief Financial Officer.
Context
- The 291,666 units were performance stock units earned after meeting performance criteria (footnote). The 196,078 RSUs are a time-based grant that vests in full on April 29, 2027.
- The withholding of 142,829 shares is a routine tax-withholding mechanism by the company (not an open-market sale), so it does not necessarily indicate a change in insider sentiment.
- No 10b5-1 plan or late-filing flag is indicated in the provided information.
Insider Transaction Report
Form 4
Sailer David
See Remarks
Transactions
- Award
Common Stock
[F1]2026-04-29+291,666→ 1,469,608 total - Tax Payment
Common Stock
[F2]2026-04-29$2.40/sh−142,829$342,790→ 1,326,779 total - Award
Common Stock
[F3]2026-04-29+196,078→ 1,522,857 total
Footnotes (3)
- [F1]Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.
- [F2]Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.
- [F3]Represents a grant of restricted stock units, which vest in full on April 29, 2027.
Signature
/s/ Lynn A. Feldman, as Attorney-in-fact on behalf of David Sailer|2026-05-01