{"schema_version":"secwatch.filing_event.v1","accession":"0001579877-25-000091","form_type":"8-K","ticker":"OUT","cik":"0001579877","company_name":"OUTFRONT Media Inc.","filed_at":"2025-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.864725+00:00","generated_at":"2026-05-18T22:30:14.561035+00:00","sec_items":["2.05","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"OUTFRONT Media to cut ~120 jobs (6% workforce); expects $18.6M restructuring charges","bullets":["Workforce reduction of approximately 120 employees, or 6% of total employees.","Estimated restructuring charges of $18.6M: $16.4M cash severance/benefits and $2.2M non-cash stock compensation.","Charges expected in Q2 2025; cash expenditures mostly over next 12 months.","Projected annualized cost savings of $18-20M; FY 2025 savings already included in prior guidance.","Reduction in force expected to be completed by end of Q2 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001579877-25-000091","json":"https://secwatch.observer/filing/0001579877-25-000091.json","markdown":"https://secwatch.observer/filing/0001579877-25-000091.md","text":"https://secwatch.observer/filing/0001579877-25-000091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579877/000157987725000091/0001579877-25-000091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579877/000157987725000091/out-20250624.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T22:30:14.561035+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"01ef71a9d2f457e445038739413f5c9a939ed82c","claim":"OUTFRONT Media Inc. announced a restructuring with charges of approximately $18.6 million (approximately 120 employees, or 6% of the Company’s total number of employees).","evidence_excerpt":"Company expects the reduction in force associated with the Plan to be completed by the end of the second quarter of 2025. The Company estimates that it will incur approximately $18.6 million in total restructuring charges in connection with the Plan, consisting of severance payments, employee benefits and related costs and professional fees. The Company expects to","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579877/000157987725000091/0001579877-25-000091-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $18.6 million"},{"label":"Headcount","value":"approximately 120 employees, or 6% of the Company’s total number of employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}