X0609 4 2026-10-14 true 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0002111800 McCuin Robert false C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 4830 NORTH LOOP 1604 WEST, SUITE 111 SAN ANTONIO TX 78249 false true false false EVP, Chief Revenue Officer false Common Stock 2026-10-14 4 D false 1027201 2.43 D 0 D Performance Stock Units 2026-10-14 4 D false 641025 2.43 D Common Stock 641025 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. Pursuant to the Merger Agreement, 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, with two-thirds of such cash amount vesting and becoming payable on May 31, 2028, subject to certain terms and conditions. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Robert McCuin 2026-10-15