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Compiled from SEC Form N-PX filings and Clear Channel Outdoor Holdings, Inc.’s Form 8-K, filed May 12, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of May 12, 2026: 2 items on Clear Channel Outdoor Holdings, Inc.’s Form 8-K, filed May 12, 2026: 2 approved.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Clear Channel Outdoor Holdings, Inc. in the interactive database Compare manager voting policies
These tallies are Clear Channel Outdoor Holdings, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 12, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| 1. The Merger Proposal To adopt the Agreement and Plan of Merger, dated as of February 9, 2026 (as it may be amended, supplemented or otherwise modified from time to time, the " Merger Agreement "), by and among the Company, Madison Parent Inc., a Delaware cor | 410,785,278 | 509,639 | 139,714 | -- | -- | 99.8% | Approved | — |
| 2. The Advisory Compensation Proposal To approve, on an advisory, non-binding basis, the specified compensation that will or may be paid or may become payable to the Company's named executive officers in connection with the Merger | 376,601,662 | 34,663,692 | 169,277 | -- | -- | 92% | Approved | — |
Source: Clear Channel Outdoor Holdings, Inc., Form 8-K, filed with the SEC on May 12, 2026 — read the filing on EDGAR.
Each item below shows how the 136 asset managers that disclosed a Clear Channel Outdoor Holdings, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Clear Channel Outdoor Holdings, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 3 wordings of this item as funds reported it.
99.8% Approved · of votes cast
Description as filed by funds: A proposal to adopt the Agreement and Plan of Merger, dated as of February 9, 2026 (as it may be amended, supplemented or otherwise modified from time to time, the "Merger Agreement"), by and among Clear Channel Outdoor Holdings, Inc. (the "Company"), a Delaware corporation, Madison Parent Inc., a Delaware corporation ("Parent"), and Madison Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the terms of the Merger Agreement, Merger Sub will be merged with and into the Company, with the Company continuing as the surviving corporation and as a wholly owned subsidiary of Parent (the "Merger") (the "Merger Proposal").
Clear Channel Outdoor Holdings, Inc.’s own tally for this item (“1. The Merger Proposal To adopt the Agreement and Plan of Merger, dated as of February 9, 2026 (as it may be amended, supplemented or otherwise modified from time to time, the " Merger Agreement "), by and among the Comp”): 410,785,278 for, 509,639 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 1: The Merger Proposal To adopt the Agreement and Plan of Merger, dated as of February 9, 2026 (as it may be amended, supplemented or otherwise modified from time to time, the " Merger Agreement "), by and among the Company, Madison Parent Inc., a Delaware corporation ("”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 28 asset managers below reported 40,801,747 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,191,348 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 9,055,820 | 0 | 0 | 0 | For |
| Charles Schwab | 5,060,550 | 0 | 0 | 0 | For |
| Fidelity | 3,416,658 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,064,946 | 0 | 0 | 0 | For |
| Tidal Trust II | 1,731,648 | 0 | 0 | 0 | For |
| New York Life | 1,508,197 | 0 | 0 | 0 | For |
| Gabelli | 1,070,000 | 0 | 0 | 0 | For |
| Jackson National | 993,512 | 0 | 0 | 0 | For |
| BlackRock | 545,036 | 0 | 0 | 0 | For |
| ALTSHARES TRUST | 478,517 | 0 | 0 | 0 | For |
| First Trust | 386,610 | 0 | 0 | 0 | For |
| Invesco | 236,538 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 216,769 | 0 | 0 | 0 | For |
| Victory Capital | 184,167 | 0 | 0 | 0 | For |
| Capital Group | 152,827 | 0 | 0 | 0 | For |
| GDL FUND | 145,890 | 0 | 0 | 0 | For |
| SEI | 105,830 | 0 | 0 | 0 | For |
| Dimensional | 104,238 | 0 | 0 | 0 | For |
| State Street | 67,247 | 0 | 0 | 0 | For |
| Innovator ETFs Trust | 26,681 | 0 | 0 | 0 | For |
| Goldman Sachs | 23,727 | 0 | 0 | 0 | For |
| Comstock Funds, Inc. | 12,500 | 0 | 0 | 0 | For |
| John Hancock | 8,721 | 0 | 0 | 0 | For |
| INTEGRITY FUNDS | 4,640 | 0 | 0 | 0 | For |
Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.8% Approved · of votes cast
Description as filed by funds: A proposal On February 9, 2026, Clear Channel Outdoor Holdings, Inc., Madison Parent Inc., and Madison Merger Sub Inc. entered into an Agreement and Plan of Merger under which Madison Merger Sub Inc., a wholly owned subsidiary of Madison Parent Inc., will merge with and into Clear Channel Outdoor Holdings, Inc.; upon completion of the transaction, Clear Channel Outdoor Holdings, Inc. will survive the merger and become a wholly owned subsidiary of Madison Parent Inc., with the agreement remaining subject to possible amendment, supplement. ("merger proposal").
Clear Channel Outdoor Holdings, Inc.’s own tally for this item (“1. The Merger Proposal To adopt the Agreement and Plan of Merger, dated as of February 9, 2026 (as it may be amended, supplemented or otherwise modified from time to time, the " Merger Agreement "), by and among the Comp”): 410,785,278 for, 509,639 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 1: The Merger Proposal To adopt the Agreement and Plan of Merger, dated as of February 9, 2026 (as it may be amended, supplemented or otherwise modified from time to time, the " Merger Agreement "), by and among the Company, Madison Parent Inc., a Delaware corporation ("”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 7 asset managers below reported 10,174,337 for, 1 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Equitable | 6,080,000 | 0 | 0 | 0 | For |
| JPMorgan | 3,341,239 | 0 | 0 | 0 | For |
| 1290 Funds | 550,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 169,362 | 0 | 0 | 0 | For |
| Vanguard | 25,276 | 1 | 0 | 0 | For |
| Texas Capital Funds Trust | 7,039 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 1,421 | 0 | 0 | 0 | For |
Combines 3 wordings of this item as funds reported it.
99.7% of fund votes cast · no official result
Description as filed by funds: A proposal to adjourn the special meeting (such meeting, including any adjournments or postponements thereof, the "Special Meeting") of the stockholders of the Company to a later date or dates, from time to time, if necessary or appropriate, to solicit additional proxies for the Merger Proposal if there are insufficient votes at the time of the Special Meeting to approve the Merger Proposal (the "Adjournment Proposal").
The 33 asset managers below reported 50,857,008 for, 117,656 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,216,624 | 1 | 0 | 0 | For |
| NEXPOINT FUNDS I | 9,055,820 | 0 | 0 | 0 | For |
| Equitable | 6,080,000 | 0 | 0 | 0 | For |
| Charles Schwab | 5,060,550 | 0 | 0 | 0 | For |
| Fidelity | 3,416,658 | 0 | 0 | 0 | For |
| JPMorgan | 3,341,239 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,064,946 | 0 | 0 | 0 | For |
| Tidal Trust II | 1,731,648 | 0 | 0 | 0 | For |
| New York Life | 1,508,197 | 0 | 0 | 0 | For |
| Gabelli | 1,070,000 | 0 | 0 | 0 | For |
| Jackson National | 993,512 | 0 | 0 | 0 | For |
| 1290 Funds | 550,000 | 0 | 0 | 0 | For |
| BlackRock | 545,036 | 0 | 0 | 0 | For |
| ALTSHARES TRUST | 478,517 | 0 | 0 | 0 | For |
| First Trust | 386,610 | 0 | 0 | 0 | For |
| Invesco | 236,538 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 216,769 | 0 | 0 | 0 | For |
| Victory Capital | 184,167 | 0 | 0 | 0 | For |
| Lincoln Financial | 169,362 | 0 | 0 | 0 | For |
| Capital Group | 152,827 | 0 | 0 | 0 | For |
| GDL FUND | 145,890 | 0 | 0 | 0 | For |
| SEI | 105,830 | 0 | 0 | 0 | For |
| Dimensional | 104,238 | 0 | 0 | 0 | For |
| State Street | 0 | 67,247 | 0 | 0 | Against |
| Innovator ETFs Trust | 0 | 26,681 | 0 | 0 | Against |
Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.
Combines 9 wordings of this item as funds reported it.
92% Approved · of votes cast
Description as filed by funds: A proposal to approve, on an advisory, non- binding basis, the specified compensation that will or may be paid or may become payable to the Company's named executive officers in connection with the Merger (the "Advisory Compensation Proposal").
Clear Channel Outdoor Holdings, Inc.’s own tally for this item (“2. The Advisory Compensation Proposal To approve, on an advisory, non-binding basis, the specified compensation that will or may be paid or may become payable to the Company's named executive officers in connection with ”): 376,601,662 for, 34,663,692 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The following advisory votes were cast at the Special Meeting (in person or by proxy) and the non-binding proposal was approved:”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,179,729 | 36,896 | 0 | 0 | For |
| NEXPOINT FUNDS I | 0 | 9,055,820 | 0 | 0 | Against |
| Equitable | 6,080,000 | 0 | 0 | 0 | For |
| Charles Schwab | 5,060,550 | 0 | 0 | 0 | For |
| Fidelity | 3,157,327 | 259,331 | 0 | 0 | Mixed |
| JPMorgan | 0 | 3,341,239 | 0 | 0 | Against |
| Bridge Builder Trust | 2,064,946 | 0 | 0 | 0 | For |
| Tidal Trust II | 1,731,648 | 0 | 0 | 0 | For |
| New York Life | 1,508,197 | 0 | 0 | 0 | For |
| Gabelli | 1,070,000 | 0 | 0 | 0 | For |
| Jackson National | 963,017 | 30,495 | 0 | 0 | For |
| 1290 Funds | 550,000 | 0 | 0 | 0 | For |
| BlackRock | 0 | 545,036 | 0 | 0 | Against |
| ALTSHARES TRUST | 478,517 | 0 | 0 | 0 | For |
| First Trust | 386,610 | 0 | 0 | 0 | For |
| Invesco | 236,538 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 0 | 216,769 | 0 | 0 | Against |
| Victory Capital | 184,167 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 169,362 | 0 | 0 | Against |
| Capital Group | 152,827 | 0 | 0 | 0 | For |
| GDL FUND | 145,890 | 0 | 0 | 0 | For |
| SEI | 0 | 105,830 | 0 | 0 | Against |
| Dimensional | 0 | 104,238 | 0 | 0 | Against |
| State Street | 67,247 | 0 | 0 | 0 | For |
| Innovator ETFs Trust | 0 | 26,681 | 0 | 0 | Against |
Fund voting reports, all 34 managers: 37,053,129 for, 13,922,956 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Legion Partners Asset Management, LLC | 26,230,553 | 0 | 0 | 0 | For |
| Fidelity | 20,031,084 | 0 | 0 | 0 | For |
| Gabelli | 10,239,892 | 0 | 0 | 0 | For |
| MASON CAPITAL MANAGEMENT LLC | 9,828,401 | 0 | 0 | 0 | For |
| BlackRock | 412,428 | 7,693,434 | 0 | 0 | Mixed |
| Woodline Partners LP | 6,072,021 | 0 | 0 | 0 | For |
| Charles Schwab | 5,061,922 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 3,874,190 | 0 | 0 | 0 | For |
| DE Shaw | 3,110,139 | 0 | 0 | 0 | For |
| Man Group plc | 0 | 2,811,654 | 0 | 0 | Against |
| AQR | 2,416,802 | 0 | 0 | 0 | For |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 2,351,871 | 0 | 0 | 0 | For |
| Two Sigma | 2,269,341 | 0 | 0 | 0 | For |
| Vanguard | 2,228,927 | 0 | 0 | 0 | For |
| State Street | 1,908,406 | 4,688 | 0 | 0 | For |
| MARSHALL WACE, LLP | 0 | 1,782,884 | 0 | 0 | Against |
| Groupe la Francaise | 1,311,103 | 0 | 0 | 0 | For |
| Voleon Capital Management LP | 1,282,937 | 0 | 0 | 0 | For |
| Governors Lane LP | 1,203,000 | 0 | 0 | 0 | For |
| Man Investment Partners (US) LP | 0 | 0 | 0 | 0 | Not Voted |
| GLAZER CAPITAL, LLC | 1,000,000 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 987,456 | 0 | 0 | 0 | For |
| Renaissance | 920,955 | 0 | 0 | 0 | For |
| CREDIT INDUSTRIEL ET COMMERCIAL | 874,068 | 0 | 0 | 0 | For |
| Northern Trust | 829,042 | 0 | 0 | 0 | For |
Institutional-manager reports, all 111 managers: 111,928,517 for, 15,983,610 against, 1,301,269 not voted. Showing the 25 largest; see all in the interactive database.
99.9% of fund votes cast · no official result
The 2 asset managers below reported 41,197,491 for, 15,968 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ARES MANAGEMENT LLC | 41,197,491 | 0 | 0 | 0 | For |
| APG Asset Management US Inc. | 0 | 15,968 | 0 | 0 | Against |
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 508,983,506 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 2.60% |
| 2 | NEXPOINT FUNDS I | 1.78% |
| 3 | Equitable | 1.19% |
| 4 | Charles Schwab | 0.99% |
| 5 | Fidelity | 0.67% |
| 6 | JPMorgan | 0.66% |
| 7 | Bridge Builder Trust | 0.41% |
| 8 | Tidal Trust II | 0.34% |
| 9 | New York Life | 0.30% |
| 10 | Gabelli | 0.21% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Legion Partners Asset Management, LLC | 5.15% |
| 2 | Fidelity | 3.94% |
| 3 | Gabelli | 2.01% |
| 4 | MASON CAPITAL MANAGEMENT LLC | 1.93% |
| 5 | BlackRock | 1.59% |
| 6 | Woodline Partners LP | 1.19% |
| 7 | Charles Schwab | 0.99% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 0.76% |
| 9 | DE Shaw | 0.61% |
| 10 | Man Group plc | 0.55% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| PIMCO (c) | 20.59% | DEF14A |
| Pacific Investment Management Company LLC | 20.57% | 13D |
| Arturo R. Moreno | 13.28% | 13D |
| Ares Management (d) | 10.97% | DEF14A |
| BlackRock, Inc. (g) | 5.44% | DEF14A |
| Legion Partners (h) | 5.12% | DEF14A |
| Ted White (v) | 5.12% | DEF14A |
| Vanguard Group | 3.81% | 13F |
| JPMorgan Chase | 2.62% | 13F |
| BlackRock | 1.78% | 13F |
Percentages above are of 508,983,506 shares outstanding, as reported by Clear Channel Outdoor Holdings, Inc. on its Form 10-Q dated May 1, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Clear Channel Outdoor Holdings, Inc.’s 10-Q dated May 1, 2026. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At Clear Channel Outdoor Holdings, Inc.'s shareholder meeting held May 12, 2026, in the 2025-2026 proxy season, 136 asset managers reported how they voted in their SEC Form N-PX filings, covering 456 separate fund positions. Their filings are grouped here into 5 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — A proposal to approve, on an advisory, non- binding basis, the specified compensation that will… — Clear Channel Outdoor Holdings, Inc.'s filing reports the proposal as approved, with 92% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Clear Channel Outdoor Holdings, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 12, 2026.
Clear Channel Outdoor Holdings, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
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