REIFENHEISER THOMAS V 4

What Happened Thomas V. Reifenheiser, a director of Lamar Advertising Co./New (LAMR), made a gift disposition of 328 shares on June 23, 2026. The transaction is reported with a price of $0.00 and total proceeds of $0, reflecting that the shares were given as a gift rather than sold for cash.

Key Details

• Transaction date: 2026-06-23; Filing date (Form 4): 2026-06-24.
• Transaction type/code: Gift (G) — reported as a disposition.
• Shares involved: 328 shares; reported transaction value: $0.00 (disposition via gift).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes reported in the provided data.
• Timeliness: Filed one day after the transaction date (appears timely, not marked late).

Context Gifts are formal dispositions and do not reflect a cash sale; they are not reliable indicators of the insider’s view of the company’s prospects. For retail investors, purchases typically signal stronger direct insider conviction than gifts or routine sales. If you track insider ownership trends, note this reduces the director’s holdings by 328 shares (unless the filing later reports transferred ownership to a related party).