|4Feb 24, 4:37 PM ET

SIEGEL MATTHEW 4

4 · OUTFRONT Media Inc. · Filed Feb 24, 2026

Research Summary

AI-generated summary of this filing

Updated

OUTFRONT (OUT) CFO Matthew Siegel Exercises Awards; Withholds/Sells Shares

What Happened

  • Matthew Siegel, EVP & Chief Financial Officer of OUTFRONT Media (OUT), had multiple restricted share units / derivative awards convert or vest on Feb 20, 2026, resulting in the acquisition of 211,671 shares (several awards/exercises reported at $0.00 per share). To satisfy tax withholding obligations, 61,911 of those shares were disposed (withheld/sold) at $26.16 per share, producing proceeds of $1,619,592.

Key Details

  • Transaction date: February 20, 2026. Filing date: February 24, 2026 (appears timely).
  • Acquisitions: a total of 211,671 shares from exercises/conversions and awards (entries at $0.00 reflect settlement of restricted/performance units into common stock).
  • Dispositions: 61,911 shares withheld/sold at $26.16 per share for $1,619,592 (tax withholding / payment of exercise price or tax liability).
  • Price note: closing NYSE price on Feb 20, 2026 was $26.16 (footnote).
  • Footnotes: RSUs are settled into shares on vesting (F1); some awards included dividend-equivalent shares (F2); performance targets for certain units were certified as achieved (F5); various awards vest in three equal annual installments starting in 2024–2027 (F4–F8).
  • Shares owned after the transactions are not provided in the excerpt of the filing.
  • Transaction codes: M = exercise/conversion of derivative, A = grant/award, F = payment of exercise price or tax liability.

Context

  • These filings reflect awards/RSUs and their settlement into shares, not an opportunistic open-market sale for investment reasons. The 61,911-share disposition is a routine withholding/sale to cover tax obligations (a common cashless settlement approach). The performance-related units had their targets certified (per footnote), triggering settlement.

Insider Transaction Report

Form 4
Period: 2026-02-20
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-20+31,932301,566 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-20+61,424362,990 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-20+27,668390,658 total
  • Award

    Common Stock

    [F2]
    2026-02-20+11,178401,836 total
  • Tax Payment

    Common Stock

    [F3]
    2026-02-20$26.16/sh61,911$1,619,592339,925 total
  • Award

    Restricted Share Units

    [F1][F4]
    2026-02-20+38,22638,226 total
    From: 2027-02-20Common Stock (38,226 underlying)
  • Award

    Restricted Share Units

    [F1][F5][F6]
    2026-02-20+41,24395,798 total
    From: 2026-02-20Common Stock (41,243 underlying)
  • Exercise/Conversion

    Restricted Share Units

    [F1][F6]
    2026-02-2031,93263,866 total
    From: 2026-02-20Common Stock (31,932 underlying)
  • Exercise/Conversion

    Restricted Share Units

    [F1][F7]
    2026-02-2061,42461,424 total
    From: 2025-02-20Common Stock (61,424 underlying)
  • Exercise/Conversion

    Restricted Share Units

    [F1][F8]
    2026-02-2027,6680 total
    From: 2024-02-20Common Stock (27,668 underlying)
Footnotes (8)
  • [F1]These 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]Includes shares acquired due to settlement of dividend equivalents into shares of the Company's common stock at vesting.
  • [F3]On February 20, 2026, the closing price of the Company's common stock on the New York Stock Exchange was $26.16.
  • [F4]These restricted share units vest in three equal annual installments beginning on February 20, 2027.
  • [F5]On February 20, 2026, the performance targets associated with these restricted share units were certified as having been achieved.
  • [F6]These restricted share units vest in three equal annual installments beginning on February 20, 2026.
  • [F7]These restricted share units vest in three equal annual installments beginning on February 20, 2025.
  • [F8]These restricted share units vest in three equal annual installments beginning on February 20, 2024.
Signature
/s/ Louis Capocasale, Attorney-in-fact for Matthew Siegel|2026-02-24

Documents

1 file
  • 4
    wk-form4_1771969039.xmlPrimary

    FORM 4