SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 15% Beneficial Ownership Stake in OUTFRONT MEDIA INC
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 15.0% beneficial ownership stake in OUTFRONT MEDIA INC as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson jointly filed an Amendment No. 2 to Schedule 13G, disclosing their beneficial ownership of OUTFRONT MEDIA INC's common stock.
- As of March 31, 2025, the aggregate beneficial ownership reported by FMR LLC and Abigail P. Johnson is 24,999,351.34 shares.
- This ownership represents 15.0% of the total outstanding common stock of OUTFRONT MEDIA INC.
- FMR LLC holds sole voting power over 23,321,874.17 shares and sole dispositive power over 24,999,351.34 shares.
- Abigail P. Johnson holds sole dispositive power over 24,999,351.34 shares, with no sole or shared voting power.
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, with the Johnson family group being predominant owners of FMR LLC's voting common shares.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of beneficial ownership, with no positive or negative operational or financial information about the issuer.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Abigail P. Johnson, a Director, Chairman, and Chief Executive Officer of FMR LLC, is part of the Johnson family group who are predominant owners of FMR LLC, and their beneficial ownership is reported jointly with FMR LLC.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional ownership stake (15.0%) by FMR LLC and Abigail P. Johnson provides transparency regarding major investors in OUTFRONT MEDIA INC.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2025-03-31 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-05-09 | Date of filing of this Schedule 13G Amendment No. 2. |
Keywords
OUTFRONT MEDIA INC, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Stake
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