OUTFRONT Media Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: OUT · Form: DEF 14A · Filed: Apr 19, 2024 · CIK: 1579877
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Virtual Meeting, OUTFRONT Media, Stockholder Meeting
TL;DR
<b>OUTFRONT Media Inc. will hold its 2024 Annual Meeting of Stockholders virtually on June 3, 2024, allowing remote participation and voting.</b>
AI Summary
OUTFRONT Media Inc. (OUT) filed a Proxy Statement (DEF 14A) with the SEC on April 19, 2024. The 2024 Annual Meeting of Stockholders for OUTFRONT Media Inc. will be held on June 3, 2024, at 10:00 a.m. Eastern Daylight Time. The meeting will be conducted virtually to enhance accessibility and reduce costs for stockholders. Stockholders can attend, vote, and submit questions via a live audio webcast at www.virtualshareholdermeeting.com/OUT2024. The filing is a Definitive Proxy Statement (DEF 14A) filed on April 19, 2024. OUTFRONT Media Inc. was formerly known as CBS OUTDOOR AMERICAS INC. until June 21, 2013.
Why It Matters
For investors and stakeholders tracking OUTFRONT Media Inc., this filing contains several important signals. The virtual format aims to improve communication and reduce costs associated with a physical meeting. This DEF 14A filing provides essential information for stockholders regarding the annual meeting and related corporate governance matters.
Risk Assessment
Risk Level: low — OUTFRONT Media Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Review the proxy statement for details on voting matters, executive compensation, and any proposals to be presented at the annual meeting.
Key Numbers
- 2024 — Annual Meeting Year (Year of the Annual Meeting of Stockholders.)
- June 3 — Meeting Date (Date of the 2024 Annual Meeting of Stockholders.)
- 10:00 a.m. EDT — Meeting Time (Time of the 2024 Annual Meeting of Stockholders.)
- DEF 14A — Filing Type (Form type for the proxy statement.)
- 2024-04-19 — Filing Date (Date the Definitive Proxy Statement was filed.)
Key Players & Entities
- OUTFRONT Media Inc. (company) — Registrant and filer of the proxy statement.
- June 3, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
- 10:00 a.m. Eastern Daylight Time (time) — Time of the 2024 Annual Meeting of Stockholders.
- www.virtualshareholdermeeting.com/OUT2024 (url) — Web address to attend the virtual annual meeting.
- April 19, 2024 (date) — Filing date of the Definitive Proxy Statement.
- CBS OUTDOOR AMERICAS INC. (company) — Former name of OUTFRONT Media Inc.
- June 21, 2013 (date) — Date of name change from CBS OUTDOOR AMERICAS INC.
- 90 Park Avenue, 9th Floor New York, New York 10016 (address) — Business and mailing address of OUTFRONT Media Inc.
FAQ
When did OUTFRONT Media Inc. file this DEF 14A?
OUTFRONT Media Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 19, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by OUTFRONT Media Inc. (OUT).
Where can I read the original DEF 14A filing from OUTFRONT Media Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by OUTFRONT Media Inc..
What are the key takeaways from OUTFRONT Media Inc.'s DEF 14A?
OUTFRONT Media Inc. filed this DEF 14A on April 19, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for OUTFRONT Media Inc. will be held on June 3, 2024, at 10:00 a.m. Eastern Daylight Time.. The meeting will be conducted virtually to enhance accessibility and reduce costs for stockholders.. Stockholders can attend, vote, and submit questions via a live audio webcast at www.virtualshareholdermeeting.com/OUT2024..
Is OUTFRONT Media Inc. a risky investment based on this filing?
Based on this DEF 14A, OUTFRONT Media Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading OUTFRONT Media Inc.'s DEF 14A?
Review the proxy statement for details on voting matters, executive compensation, and any proposals to be presented at the annual meeting. The overall sentiment from this filing is neutral.
How does OUTFRONT Media Inc. compare to its industry peers?
OUTFRONT Media Inc. operates in the out-of-home advertising industry, providing advertising space on various media properties.
Are there regulatory concerns for OUTFRONT Media Inc.?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
OUTFRONT Media Inc. operates in the out-of-home advertising industry, providing advertising space on various media properties.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on director nominations and voting procedures.
- Examine proposals to be voted on at the meeting, if any.
- Note the virtual meeting format and how to participate and vote.
Key Dates
- 2024-06-03: 2024 Annual Meeting of Stockholders — Key date for stockholders to attend, vote, and submit questions.
- 2024-04-19: Filing of Definitive Proxy Statement — Indicates the availability of official meeting information.
Year-Over-Year Comparison
This filing is a DEF 14A for the 2024 annual meeting, following previous filings related to corporate governance and financial reporting.
Filing Stats: 4,765 words · 19 min read · ~16 pages · Grade level 12.9 · Accepted 2024-04-19 06:06:06
Key Financial Figures
- $0.01 — 3 shares of our common stock, par value $0.01 per share ("common stock"), and 125,000
- $12,000 — itor for the Annual Meeting at a fee of $12,000, plus reimbursement of reasonable expen
Filing Documents
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EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 22 Compensation Discussion and Analysis 22 Executive Summary 22 202 3 Say-on-Pay Outcome and Frequency of Say-on-Pay Outcome 27 Evaluating 202 3 Compensation and Use of Market Data 27 Elements of 202 3 NEO Compensation 28 Stock Ownership Guidelines 34 Compensation Deductibility Policy 34 Compensation Risk Assessment 34 Compensation Committee Report 36 202 3 Summary Compensation Table 37 202 3 Grants of Plan-Based Awards 37 Employment Agreements 39 202 3 Outstanding Equity Awards at Fiscal Year-End 42 202 3 Option Exercises and Stock Vested 43 202 3 Pension Benefits 43 202 3 Non-qualified Deferred Compensation 43 Potential Payments upon Termination or Change in Control 44 CEO Pay Ratio 50 Pay Versus Performance 51 Equity Compensation Plan Information 54 STOCK OWNERSHIP INFORMATION 55
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 55 Delinquent Section 16(a) Reports 57 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 58 Transaction and Related Persons 58 Review, Approval or Ratification of Transactions with Related Persons 58 PROPOSAL NO. 1 — ELECTION OF DIRECTORS 59 PROPOSAL NO. 2 — RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 60 Audit and Non-Audit Fees 60 Report of the Audit Committee 62 PROPOSAL NO. 3 — NON-BINDING ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS 63 STOCKHOLDER PROPOSALS FOR THE 202 5 ANNUAL MEETING OF STOCKHOLDERS 64 OTHER MATTERS 64 -i- 90 Park Avenue, 9th Floor New York, New York 10016 PROXY STATEMENT April 19, 2024 GENERAL INFORMATION ABOUT THE ANNUAL MEETING AND VOTING What are proxy materials? OUTFRONT Media Inc., a Maryland corporation (the "Company," "we," "our" or "us"), made these proxy materials available to you via the internet or, upon your request, delivered printed versions of these proxy materials to you by mail in connection with the solicitation by the Board of Directors (the "Board" or "Board of Directors") of the Company of proxies to be exercised at the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting") to be held on June 3, 2024, at 10:00 a.m., Eastern Daylight Time, via a live audio webcast, and at any postponement or adjournment of the Annual Meeting. The Notice of Internet Availability of Proxy Materials, proxy statement and form of proxy are being distributed and made available on the internet on or about April 19, 2024, to all stockholders entitled to notice of, and to vote at, the Annual Meeting. As a stockholder, you are invited to attend the Annual Meeting via webcast and are requested to vote on the items of business described in this proxy statement. This proxy statement includes information that we are required to provide to you under the U