Norton James Michael 4

What Happened

• Norton James Michael, EVP and Chief Revenue Officer (Enterprise) of OUTFRONT Media Inc. (OUT), received a grant of 16,819 restricted stock units (RSUs) on Feb 20, 2026. The award is recorded at $0.00 (no cash purchase price); it is a derivative award that will convert to common shares upon vesting. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (no late filing indicated in the provided data).
• Award: 16,819 restricted share units; reported price: $0.00 (derivative award).
• Vesting: RSUs settle into an equal number of OUTFRONT common shares upon vesting (Footnote F1). They vest in three equal annual installments beginning Feb 20, 2027 (Footnote F2).
• Shares owned after transaction: not disclosed in the provided filing.
• Transaction code: A = Award/Grant.

Context

• RSU grants are typically part of executive compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). These RSUs will only become actual shares if and when they vest according to the schedule above.