--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-24-140689" form_type: "8-K" ticker: "CCO" cik: "0001334978" company_name: "Clear Channel Outdoor Holdings, Inc." filed_at: "2024-05-16T23:59:59+00:00" generated_at: "2026-06-01T19:42:42.201312+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Clear Channel Outdoor grants performance-based RSUs to execs; shareholders approve stock plan increase ## Summary - CEO Scott Wells, CFO David Sailer, CLO Lynn Feldman granted PSUs with target values $3.75M, $1.2M, $1M respectively. - PSUs vest in 1/3 increments based on stock price hurdles of $2.50, $3.25, $4.25 (60%-172% above current $1.56) over 4-year period. - Stockholders approved 2012 Incentive Plan amendment adding 36.7M new shares and eliminating liberal share recycling for stock options/SARs. - All director nominees elected; advisory say-on-pay passed; officer exculpation amendment and auditor ratification approved. ## SEC filing metadata - accession: 0001193125-24-140689 - form_type: 8-K - ticker: CCO - cik: 0001334978 - company_name: Clear Channel Outdoor Holdings, Inc. - filed_at: 2024-05-16T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 5.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/0001193125-24-140689-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/d495888d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-24-140689 - JSON: https://secwatch.observer/filing/0001193125-24-140689.json - Plain text: https://secwatch.observer/filing/0001193125-24-140689.txt ## Source-grounded claims - claim_id: 11d875fbce0fe2546c8c8345a9cfffee68041d1e claim: Clear Channel Outdoor Holdings, Inc. shareholders approved Ratification of the selection of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2024 at the 2024-05-16 meeting. evidence_excerpt: Proposal 5: Ratification of the selection of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2024 Votes For Votes Against Abstentions Broker Non-Votes 425,690,444 7,881,878 292,637 N/A evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/0001193125-24-140689-index.htm - claim_id: 1bb75e83e19b1a812babb5c844b77018f07b8364 claim: Clear Channel Outdoor Holdings, Inc. shareholders approved Approval of the advisory (non-binding) resolution on executive compensation at the 2024-05-16 meeting. evidence_excerpt: Proposal 2: Approval of the advisory (non-binding) resolution on executive compensation Votes For Votes Against Abstentions Broker Non-Votes 357,817,942 3,434,774 70,505 72,541,738 evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/0001193125-24-140689-index.htm - claim_id: 25ebcd96e3d87b93a002262874023db6802c6a38 claim: Clear Channel Outdoor Holdings, Inc. shareholders approved Approval of the adoption of the Company’s 2012 Third Amended and Restated Stock Incentive Plan to increase the number of shares authorized for issuance under the 2012 Second Amended and Restated Stock Incentive Plan by 36,700,000 shares and to eliminate the liberal share recycling provisions with re at the 2024-05-16 meeting. evidence_excerpt: Proposal 4: Approval of the adoption of the Company’s 2012 Third Amended and Restated Stock Incentive Plan to increase the number of shares authorized for issuance under the 2012 Second Amended and Restated Stock Incentive Plan by 36,700,000 shares and to eliminate the liberal share recycling provisions with respect to stock options and stock appreciation rights Votes For Votes Against Abstentions Broker Non-Votes 352,020,024 9,246,339 56,858 72,541,738 evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/0001193125-24-140689-index.htm - claim_id: 42e0d0579629f31c5c8178d5ac2cf38de715ece4 claim: Clear Channel Outdoor Holdings, Inc. shareholders approved Approval of the amendment to the Company’s Certificate of Incorporation to provide for the exculpation of certain officers as permitted by recent amendments to Delaware law at the 2024-05-16 meeting. evidence_excerpt: Proposal 3: Approval of the amendment to the Company’s Certificate of Incorporation to provide for the exculpation of certain officers of the Company as permitted by recent amendments to Delaware law Votes For Votes Against Abstentions Broker Non-Votes 340,135,744 21,099,443 88,034 72,541,738 evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/0001193125-24-140689-index.htm - claim_id: d60ca8a7e30022e31226b14ed9e0415d734701ac claim: Clear Channel Outdoor Holdings, Inc. shareholders approved Election of Directors at the 2024-05-16 meeting. evidence_excerpt: Proposal 1: Election of Directors Name Votes For Votes Withheld Broker Non-Votes John Dionne 337,065,968 24,257,253 72,541,738 Lisa Hammitt 337,270,258 24,052,963 72,541,738 Andrew Hobson 339,962,256 21,360,965 72,541,738 Thomas C. King 339,852,099 21,471,122 72,541,738 Joe Marchese 337,186,079 24,137,142 72,541,738 W. Benjamin Moreland 340,087,370 21,235,851 72,541,738 Mary Teresa Rainey 336,838,727 24,484,494 72,541,738 Scott R. Wells 339,771,544 21,551,677 72,541,738 Raymond T. (Ted) White 354,310,176 7,013,045 72,541,738 Jinhy Yoon 340,064,991 21,258,230 72,541,738 evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312524140689/0001193125-24-140689-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.