Minero Stacy L. 4

What Happened Stacy L. Minero, EVP and Chief Marketing Experience Officer of OUTFRONT Media Inc. (OUT), received a grant of 7,645 restricted share units (RSUs) on February 20, 2026. The Form 4 reports the award as acquired at $0.00 (transaction code A) — the RSUs are derivative awards that will be settled in common stock upon vesting.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (filing appears timely).
• Grant: 7,645 RSUs reported as acquired at $0.00 (derivative award); total cash paid reported as $0.
• Vesting: RSUs settle into an equal number of common shares upon vesting (footnote F1).
• Vesting schedule: three equal annual installments beginning February 20, 2027 (footnote F2).
• Shares owned after transaction: not specified in the filing.
• Transaction code: A = Award/Grant (derivative RSUs). No 10b5-1 plan, tax withholding, or late-filing flags noted.

Context This was a standard equity compensation award (RSUs) to an executive, not an open-market purchase or sale. RSUs typically convert to actual shares only as they vest, so they do not represent immediately tradable stock at grant. Such grants are common for executive retention and compensation and do not by themselves indicate an immediate personal cash commitment or market-direction bet.