Scott Wells reports shares returned to the company at CCO

By AlphaYouPublished Oct 15, 2026Form 4

Stocks in this disclosure

Reported activity

WELLS SCOTT

Reporting filer

Scott Wells 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 3 entries.

Disclosed: Oct 15, 2026

Reported details

3 entries

All validated entries in this disclosure
Security	Owner	Date	Code	Action	Quantity	Price	Reporting delay	Filed terms and references
Common Stock	WELLS SCOTT	2026-10-14	D	Disposition to issuer	6042485	2.43	1 day	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: 6042485 transaction Price Per Share: 2.43 transaction Acquired Disposed Code: D shares Owned Following Transaction: 0 direct Or Indirect Ownership: D
Common Stock	WELLS SCOTT	2026-10-14	D	Disposition to issuer	40000	2.43	1 day	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: 40000 transaction Price Per Share: 2.43 transaction Acquired Disposed Code: D shares Owned Following Transaction: 0 direct Or Indirect Ownership: I nature Of Ownership: See Footnote id: F2
Performance Stock Units (derivative)	WELLS SCOTT	2026-10-14	D	Disposition to issuer	3205128	2.43	1 day	Filed terms security Title: Performance Stock Units id: F3 transaction Date: 2026-10-14 transaction Form Type: 4 transaction Code: D equity Swap Involved: false transaction Shares: 3205128 transaction Price Per Share: 2.43 transaction Acquired Disposed Code: D id: F3 id: F3 underlying Security Title: Common Stock underlying Security Shares: 3205128 shares Owned Following Transaction: 0 direct Or Indirect Ownership: D

Common Stock

Owner: WELLS SCOTT
Date: 2026-10-14
Code: D
Action: Disposition to issuer
Quantity: 6042485
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: 6042485
transaction Price Per Share: 2.43
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D

Common Stock

Owner: WELLS SCOTT
Date: 2026-10-14
Code: D
Action: Disposition to issuer
Quantity: 40000
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: 40000
transaction Price Per Share: 2.43
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 0
direct Or Indirect Ownership: I
nature Of Ownership: See Footnote
id: F2

Performance Stock Units (derivative)

Owner: WELLS SCOTT
Date: 2026-10-14
Code: D
Action: Disposition to issuer
Quantity: 3205128
Price: 2.43
Following holdings: 0
Reporting delay: 1 day
Filed terms and references: Filed terms
security Title: Performance Stock Units
id: F3
transaction Date: 2026-10-14
transaction Form Type: 4
transaction Code: D
equity Swap Involved: false
transaction Shares: 3205128
transaction Price Per Share: 2.43
transaction Acquired Disposed Code: D
id: F3
id: F3
underlying Security Title: Common Stock
underlying Security Shares: 3205128
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.
WELLS SCOTT: Chief Executive Officer, Director.
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: These shares are held by the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R. Wells and Gary Smith Trustees for the Benefit of Evelyn G. Wells, and the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R. Wells and Gary Smith Trustees for the Benefit of Charles R. Wells.
F3: Pursuant to the Merger Agreement and the Reporting Person's qualifying termination of employment in connection with the closing of the Merger, 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.

Original sources

SEC ownership filing

Prepared automatically from public filing data. Report a correction.

Security

Owner

Date

Code

Action

Quantity

Price

Following holdings

Reporting delay

Filed terms and references

Common Stock

WELLS SCOTT

2026-10-14

Disposition to issuer

6042485

2.43

1 day

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: 6042485
transaction Price Per Share: 2.43
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D

Common Stock

WELLS SCOTT

2026-10-14

Disposition to issuer

40000

2.43

1 day

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: 40000
transaction Price Per Share: 2.43
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 0
direct Or Indirect Ownership: I
nature Of Ownership: See Footnote
id: F2

Performance Stock Units (derivative)

WELLS SCOTT

2026-10-14

Disposition to issuer

3205128

2.43

1 day

Filed terms

security Title: Performance Stock Units
id: F3
transaction Date: 2026-10-14
transaction Form Type: 4
transaction Code: D
equity Swap Involved: false
transaction Shares: 3205128
transaction Price Per Share: 2.43
transaction Acquired Disposed Code: D
id: F3
id: F3
underlying Security Title: Common Stock
underlying Security Shares: 3205128
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.

WELLS SCOTT: Chief Executive Officer, Director.

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: These shares are held by the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R. Wells and Gary Smith Trustees for the Benefit of Evelyn G. Wells, and the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R. Wells and Gary Smith Trustees for the Benefit of Charles R. Wells.

F3: Pursuant to the Merger Agreement and the Reporting Person's qualifying termination of employment in connection with the closing of the Merger, 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.