REILLY ANNA 4
4 · LAMAR ADVERTISING CO/NEW · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Lamar Advertising Director Anna Reilly Receives 485-Share Award
What Happened
Anna Reilly, a director of Lamar Advertising Co. (LAMR), was granted 485 shares as an equity award on 2026-06-12. The shares were issued at $0.00 (award/grant, code A). Of the 485 shares, 243 shares vested immediately on the grant date and 242 shares will vest on the last day of her one-year term as director. The award was granted under the Issuer's 1996 Equity Incentive Plan and was approved by the Compensation Committee upon her re-election.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (timely filing).
- Transaction type/code: Award/Grant (A).
- Amount: 485 shares acquired at $0.00 per share (total cash paid $0).
- Vesting: 243 shares fully vested on grant date; remaining 242 vest at end of her one-year director term.
- Plan/conditions: Granted under the 1996 Equity Incentive Plan; award conditioned on Hart-Scott-Rodino clearance, which was satisfied the business day before the grant.
- Shares owned after transaction: not specified in this filing.
Context
Director stock awards are commonly used as compensation for board service and are not the same as an open-market purchase or sale. Because this was an awarded grant (not a purchase), it should be viewed as routine director compensation rather than a direct market-confidence signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-12+485→ 148,463 total
Footnotes (1)
- [F1]The securities reported were granted pursuant to the Issuer's 1996 Equity Incentive Plan. 243 shares were fully vested on the date of grant, and the remaining 242 shares vest on the last day of the Reporting Person's one-year term as director of the Issuer. The shares were awarded by the Compensation Committee upon the Reporting Person's re-election as a director of the Company and upon the satisfaction of certain conditions relating to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, which were satisfied in full on the business day prior to the grant date reported herein.