Moreno Amends Clear Channel Outdoor Stake Filing

TL;DR

Moreno updated his 13D for Clear Channel Outdoor. Still a major player.

AI Summary

Arturo R. Moreno, through Moreno Companies LLC, has filed an amendment (No. 3) to their Schedule 13D for Clear Channel Outdoor Holdings, Inc. The filing, dated October 31, 2024, indicates a change in beneficial ownership of the company's common stock. Moreno is the Chairman and CEO of Clear Channel Outdoor Holdings, Inc.

Why It Matters

This filing signals a potential shift or confirmation of significant ownership by a key executive, which could influence future corporate actions or stock performance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate strategic moves by significant shareholders, potentially impacting the stock price.

Key Numbers

• Amendment No. 3 — Filing Amendment (Indicates this is not the initial filing but an update to previous disclosures.)

Key Players & Entities

• Arturo R. Moreno (person) — Filing person and Chairman/CEO of Clear Channel Outdoor Holdings, Inc.
• Moreno Companies LLC (company) — Entity through which Arturo R. Moreno holds shares
• Clear Channel Outdoor Holdings, Inc. (company) — Subject company of the filing
• 0001193125-24-250650 (filing_id) — Accession number for the SEC filing

FAQ

Key Financial Figures

• $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
• $7,494,470 — ions for an aggregate purchase price of $7,494,470.24, including brokerage commissions. Fu
• $1.425 — 34 $ 402,187.84 $ 1.41 $ 1.395-$1.425 Purchase of Common Stock on Open Mark
• $1.45 — 192 $ 377,542.30 $ 1.44 $ 1.44-$1.45 Purchase of Common Stock on Open Mark
• $1.41 — 553 $ 289,888.67 $ 1.39 $ 1.38-$1.41 Purchase of Common Stock on Open Mark
• $1.405 — 977 $ 258,967.80 $ 1.40 $ 1.40-$1.405 Purchase of Common Stock on Open Mark
• $1.375 — 539 $ 187,017.47 $ 1.37 $ 1.37-$1.375 Purchase of Common Stock on Open Mark
• $1.365 — 461 $ 86,300.61 $ 1.36 $ 1.355-$1.365 Purchase of Common Stock on Open Mark
• $1.355 — ,827 $ 59,166.45 $ 1.35 $ 1.35-$1.355 Purchase of Common Stock on Open Mark
• $1.36 — 5,482 $ 7,400.70 $ 1.35 $ 1.35-$1.36 Purchase of Common Stock on Open Mark
• $1.37 — ,854 $ 39,529.98 $ 1.37 $ 1.36-$1.37 Purchase of Common Stock on Open Mark
• $1.385 — 50 $ 187,210.50 $ 1.37 $ 1.365-$1.385 Purchase of Common Stock on Open Mark
• $1.525 — 000 $ 205,200.00 $ 1.52 $ 1.50-$1.525 Purchase of Common Stock on Open Mark
• $1.575 — 000 $ 728,520.00 $ 1.56 $ 1.54-$1.575 Purchase of Common Stock on Open Mark
• $1.598 — 0 $ 1,418,840.00 $ 1.58 $ 1.57-$1.598 Purchase of Common Stock on Open Mark

Filing Documents

• d845223dsc13da.htm (SC 13D/A) — 55KB
• 0001193125-24-250650.txt ( ) — 56KB

of the Original Schedule 13D is hereby amended and supplemented to include the following information

Item 3 of the Original Schedule 13D is hereby amended and supplemented to include the following information: The Reporting Person purchased 5,117,298 shares of Common Stock in open market transactions for an aggregate purchase price of $7,494,470.24, including brokerage commissions. Funding of the purchases of the Common Stock was from Mr. Morenos personal funds. The information set forth in Item 5 of this Amendment No. 3 is incorporated by reference in its entirety into this Item 3. Item5. Interest in Securities of the Issuer

of the Original Schedule 13D is hereby amended and supplemented to include the following information

Item 5 of the Original Schedule 13D is hereby amended and supplemented to include the following information: The information set forth in Item 3 and on the cover pages of this Amendment No. 3 is incorporated by reference in its entirety into this Item 5. (c) The transactions effected by the Reporting Person in respect of the Issuers Common Stock since the most recent filing of the Reporting Person on the Original Schedule 13D are set forth on the following table. All purchases provided below were made by the Reporting Person in open market transactions at prevailing markets prices. Nature of Transaction Transaction Date Number of Shares Total Purchase Amount ($) Price Per Share ($) Price Per Share Range Purchase of Common Stock on Open Market 5/29/2024 284,634 $ 402,187.84 $ 1.41 $ 1.395-$1.425 Purchase of Common Stock on Open Market 5/31/2024 267,192 $ 377,542.30 $ 1.44 $ 1.44-$1.45 Purchase of Common Stock on Open Market 6/4/2024 208,553 $ 289,888.67 $ 1.39 $ 1.38-$1.41 Purchase of Common Stock on Open Market 6/5/2024 106,470 $ 149,058.00 $ 1.40 $ 1.38-$1.41 Purchase of Common Stock on Open Market 6/6/2024 184,977 $ 258,967.80 $ 1.40 $ 1.40-$1.405 Purchase of Common Stock on Open Market 6/6/2024 136,539 $ 187,017.47 $ 1.37 $ 1.37-$1.375 Purchase of Common Stock on Open Market 6/7/2024 63,461 $ 86,300.61 $ 1.36 $ 1.355-$1.365 Purchase of Common Stock on Open Market 6/7/2024 43,827 $ 59,166.45 $ 1.35 $ 1.35-$1.355 Purchase of Common Stock on Open Market 6/10/2024 5,482 $ 7,400.70 $ 1.35 $ 1.35-$1.36 Purchase of Common Stock on Open Market 6/11/2024 336 $ 453.60 $ 1.35 $ 1.35-$1.36 Purchase of Common Stock on Open Market 6/14/2024 33,313 $ 44,972.55 $ 1.35 $ 1.35-$1.375 Purchase of Common Stock on Open Market 6/14/2024 117,042 $ 160,347.54 $ 1.37 $ 1.35-$1.375 Purchase of Common Stoc

View Full Filing

View this SC 13D/A filing on SEC EDGAR