Sauer Richard H. 4
4 · OUTFRONT Media Inc. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
OUTFRONT Media (OUT) EVP/GC Richard H. Sauer Sells Shares
What Happened Richard H. Sauer, EVP and General Counsel of OUTFRONT Media (OUT), sold a total of 10,000 OUT shares in open‑market transactions on June 23–24, 2026, for aggregate proceeds of approximately $318,121. The sales consisted of 3,720 shares at a weighted average price of $31.36 (≈ $116,659), 1,280 shares at a weighted average price of $32.08 (≈ $41,062), and 5,000 shares at a weighted average price of $32.08 (≈ $160,400). These transactions are reported as sales (code S).
Key Details
- Transaction dates: June 23, 2026 (two tranches: 3,720 and 1,280 shares) and June 24, 2026 (5,000 shares).
- Reported weighted average prices and ranges:
- 3,720 shares at $31.36 (prices ranged $31.02–$31.98) — footnote F2.
- 1,280 shares at $32.08 (prices ranged $32.02–$32.16) — footnote F3.
- 5,000 shares at $32.08 (prices ranged $31.90–$32.30) — footnote F4.
- Sales effected pursuant to a Rule 10b5-1 trading plan adopted March 13, 2026 (footnote F1). The filing notes the reporting person will provide a per‑price breakdown on request.
- Filing: Form 4 filed June 25, 2026 for report period June 23, 2026 — appears timely (not marked late).
- Shares owned after transaction: not provided in the summary data here; see the Form 4 for post‑transaction beneficial ownership details.
Context
- These were prearranged open‑market sales under a 10b5‑1 plan, which typically means the trades were scheduled in advance and are not necessarily a commentary on the insider’s view of the company.
- For retail investors, purchases by insiders can be stronger signals than routine sales; these reported transactions are sales only and should be interpreted accordingly.
Insider Transaction Report
Form 4
Sauer Richard H.
EVP, General Counsel
Transactions
- Sale
Common Stock
[F1][F2]2026-06-23$31.36/sh−3,720$116,659→ 63,227 total - Sale
Common Stock
[F1][F3]2026-06-23$32.08/sh−1,280$41,062→ 61,947 total - Sale
Common Stock
[F1][F4]2026-06-24$32.08/sh−5,000$160,400→ 56,947 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 $31.02 to $31.98, 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 $32.02 to $32.16, 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 $31.90 to $32.30, 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|2026-06-25