Sauer Richard H. 4
4 · OUTFRONT Media Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
OUTFRONT (OUT) General Counsel Richard Sauer Sells 15,000 Shares
What Happened
Richard H. Sauer, EVP and General Counsel of OUTFRONT Media Inc. (OUT), sold a total of 15,000 shares in three open-market transactions on 2026-06-15, 2026-06-16 and 2026-06-17. Each day he sold 5,000 shares at weighted-average prices reported as $31.35 (6/15), $31.08 (6/16) and $31.36 (6/17), for total gross proceeds of approximately $468,950. These were sales (not purchases) executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction dates and weighted-average prices:
- 2026-06-15: 5,000 shares at $31.35 (range reported: $31.04–$31.54) — proceeds ≈ $156,750. (Footnote F2)
- 2026-06-16: 5,000 shares at $31.08 (range reported: $30.64–$31.39) — proceeds ≈ $155,400. (Footnote F3)
- 2026-06-17: 5,000 shares at $31.36 (range reported: $31.04–$31.75) — proceeds ≈ $156,800. (Footnote F4)
- Total shares sold: 15,000; total proceeds: ≈ $468,950.
- The sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 13, 2026 (Footnote F1), indicating these were preplanned transactions.
- The filing was posted on 2026-06-17 and covers trades through 6/17; no late filing is indicated in the provided information.
- Shares owned after the transactions are not specified in the excerpt provided (see full Form 4 for post-transaction holdings).
Context
- Sales executed under a 10b5-1 plan are typically pre-arranged and do not, by themselves, indicate a change in the insider’s view of the company. Retail investors often focus more on purchases as stronger signals, while routine sales by executives are common for diversification or liquidity.
- The filing notes that reported prices are weighted averages and provides price ranges; the reporting person will supply per-trade price details upon request to the company, shareholders, or the SEC staff.
If you want, I can fetch the full Form 4 to confirm post-transaction holdings or pull recent OUTFRONT insider activity for comparison.
Insider Transaction Report
Form 4
Sauer Richard H.
EVP, General Counsel
Transactions
- Sale
Common Stock
[F1][F2]2026-06-15$31.35/sh−5,000$156,750→ 86,947 total - Sale
Common Stock
[F1][F3]2026-06-16$31.08/sh−5,000$155,400→ 81,947 total - Sale
Common Stock
[F1][F4]2026-06-17$31.36/sh−5,000$156,800→ 76,947 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.04 to $31.54, inclusive. The reporting person undertakes to provide to OUTFRONT Media Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.64 to $31.39, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.04 to $31.75, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Signature
/s/ Louis Capocasale, Attorney-in-fact for Richard Sauer|2026-06-17