X0609 4 2026-10-14 true 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001456330 WELLS SCOTT false C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 4830 NORTH LOOP 1604 WEST, SUITE 111 SAN ANTONIO TX 78249 true true false false Chief Executive Officer false Common Stock 2026-10-14 4 D false 6042485 2.43 D 0 D Common Stock 2026-10-14 4 D false 40000 2.43 D 0 I See Footnote Performance Stock Units 2026-10-14 4 D false 3205128 2.43 D Common Stock 3205128 0 D 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. 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. 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. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott Wells 2026-10-15