secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001193125-25-163430
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Channel Outdoor amends Feldman employment: $750K salary, $1.4M equity target, term thru July 2028
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- Second amended employment agreement with EVP/Chief Legal and Admin Officer Lynn Feldman effective Aug 1, 2025.
- Base salary increased to $750,000 (retroactive to June 1, 2025); annual bonus target 100% of base.
- Annual equity incentive target $1.4M (minimum $300K grant value); term ends July 31, 2028 with auto-renewal.
- Severance includes 12-month base salary continuation and accelerated vesting of equity awards under certain terminations.
- Non-compete and non-solicitation covenants for 12 months post-employment; confidentiality survives indefinitely.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000119312525163430/0001193125-25-163430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000119312525163430/d78145d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-163430

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