4Filed Sep 15, 8:00 PM ET
Lamar (LAMR) Director Thomas Reifenheiser Sells 8,099 Shares
$LAMR · LAMAR ADVERTISING CO/NEWResearch Summary
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Lamar (LAMR) Director Thomas Reifenheiser Sells 8,099 Shares
What Happened Thomas V. Reifenheiser, a director of Lamar Advertising Co. (LAMR), sold 8,099 shares in open-market transactions on September 14, 2026. The weighted-average sale price reported was $149.03 per share, for aggregate proceeds of approximately $1,207,000. The filing lists the disposition (sale) of the shares.
Key Details
- Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (filed timely within the 2-business-day window).
- Reported weighted-average price: $149.03; per-footnote, actual trade prices ranged from $148.75 to $149.23. The reporting person can provide a breakdown of shares sold at each price on request.
- Shares disposed: 8,099; aggregate proceeds ≈ $1,207,000.
- Shares owned after the transaction: Not stated in the provided excerpt of the filing.
- No 10b5-1 plan, gift, or option exercise references are indicated in the provided information.
Context This was a sale (not a purchase), which is commonly routine for insiders and does not by itself indicate company outlook. The footnote clarifies the single reported weighted-average price covers multiple trades across a small price range; more granular timing/price details are available on request from the filer or SEC staff.