OUTFRONT Media Inc. filed SEC Form 8-K: Leadership Update
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Real Estate Investment Trusts
Real Estate
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 10, 2025 (June 9, 2025)
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Registrant’s telephone number, including area code: (212 ) 297-6400
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On June 9, 2025, Mark Carleton was elected to the Board of Directors (the “Board”) of OUTFRONT Media Inc. (the “Company”), effective as of June 11, 2025, for a term expiring at the Company’s 2026 Annual Meeting of Stockholders, or until his earlier resignation or removal from the Board. Mr. Carleton will also serve as a member of the audit committee of the Board, effective as of June 11, 2025.
There is no arrangement or understanding with any person pursuant to which Mr. Carleton was appointed as a member of the Board. There are no transactions between Mr. Carleton and the Company that would be reportable under Item 404(a) of Regulation S-K.
In accordance with the Company’s compensation policy for non-employee directors as described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (the “SEC”) on April 21, 2025, Mr. Carleton will receive an annual cash retainer of $82,500 for service on the Board and $15,000 for service on the audit committee of the Board, as well as an annual equity grant under the OUTFRONT Media Inc. Amended and Restated Omnibus Stock Incentive Plan in the form of restricted share units valued at $145,000 (subject to proration). In addition, the Company will enter into its standard form of indemnification agreement with Mr. Carleton. A form of indemnification agreement was previously filed with the SEC on February 18, 2014 as Exhibit 10.5 to the Company’s Registration Statement on Form S-11 (File No. 333-189643).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
OUTFRONT MEDIA INC. | ||||||||||||||
By: | /s/ Matthew Siegel | |||||||||||||
Name: | Matthew Siegel | |||||||||||||
Title: | Executive Vice President and | |||||||||||||
Chief Financial Officer | ||||||||||||||
Date: June 10, 2025