Clear Channel Outdoor Holdings, Inc.·4

May 1, 4:05 PM ET

Sailer David 4

Research Summary

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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.