Providence Equity Partners Reduces Stake in OUTFRONT Media Inc. via Block Trade

On May 15, 2026, various entities affiliated with Providence Equity Partners (the PEP SPVs) executed a significant reduction in their holdings of OUTFRONT Media Inc. (OUT). Specifically, PEP VIII-A SPV, L.P. and other affiliated SPVs sold a combined total of 5,000,000 shares of common stock at a price of $32.46 per share through an unregistered block trade pursuant to Rule 144. Following these transactions, the reporting group, which includes Providence Equity Partners VIII-A L.P. and several other PEP-related entities, beneficially owns an aggregate of 3,913,813 shares, representing approximately 2.2% of the company's outstanding common stock. Individually, Providence Equity Partners VIII-A L.P. now directly holds 1,074,292 shares, or approximately 0.6% of the issuer. This filing represents Amendment No. 5 to their original Schedule 13D, reflecting the continued divestment of their position in the issuer. Beneficial ownership is shared among the various PEP entities and general partners as detailed in the filing's organizational structure.