David Sailer reports shares returned to the company at CCO
By AlphaYouPublished Form 4
Sailer David
Reporting filer
David Sailer reports shares returned to the company, not an open-market purchase or sale, in Clear Channel Outdoor Holdings, Inc.. Form 4 filed Oct 15, 2026 lists 2 entries.
- Disclosed
- Oct 15, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Sailer David | 2026-10-14 | D | Disposition to issuer | 1522857 | 2.43 | 0 | 1 day | Filed terms
|
| Performance Stock Units (derivative) | Sailer David | 2026-10-14 | D | Disposition to issuer | 1025641 | 2.43 | 0 | 1 day | Filed terms
|
Common Stock
- Owner
- Sailer David
- Date
- 2026-10-14
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 1522857
- Price
- 2.43
- Following holdings
- 0
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-14
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: false
- id: F1
- transaction Shares: 1522857
- transaction Price Per Share: 2.43
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: D
Performance Stock Units (derivative)
- Owner
- Sailer David
- Date
- 2026-10-14
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 1025641
- Price
- 2.43
- Following holdings
- 0
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Performance Stock Units
- id: F2
- transaction Date: 2026-10-14
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: false
- transaction Shares: 1025641
- transaction Price Per Share: 2.43
- transaction Acquired Disposed Code: D
- id: F2
- id: F2
- underlying Security Title: Common Stock
- underlying Security Shares: 1025641
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Sailer David: See Remarks.
- F1: Pursuant to the Agreement and Plan of Merger, dated as of February 9, 2026 (the "Merger Agreement"), whereby Madison Merger Sub Inc., a wholly-owned subsidiary of Madison Parent Inc. ("Parent"), merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly-owned subsidiary of Parent, each share of the Issuer's common stock ("Common Stock") outstanding immediately prior to the effective time of the Merger, was converted into the right to receive an amount in cash equal to $2.43 per share, and each outstanding award of restricted stock units of the Issuer was cancelled and converted into the right to receive an amount in cash equal to $2.43 multiplied by the total number of shares subject to such award.
- F2: Pursuant to the Merger Agreement, each award of restricted stock units of the Company outstanding immediately prior to the effective time of the Merger that vested based on the achievement of targets for the average closing price of Common Stock was cancelled and converted into the right to receive an amount in cash, equal to $2.43 multiplied by the total number of shares of Common Stock subject to such award, with two-thirds of such cash amount vesting and becoming payable on May 31, 2028, subject to certain terms and conditions.
Original sources
Prepared automatically from public filing data. Report a correction.