OUTFRONT Media Inc.·4

Jan 21, 4:39 PM ET

Diaz Manuel A. 4

Research Summary

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OUTFRONT Media Director Manuel Diaz Sells 11,271 Shares

What Happened
Manuel A. Diaz, a director of OUTFRONT Media Inc. (OUT), disposed of 11,271 shares on January 21, 2026. The shares were sold at $24.49 per share in multiple open-market transactions, producing gross proceeds of approximately $276,027. The sales were reported on a Form 4 and carried the transaction code "S" (sale).

Key Details

  • Transaction date: 2026-01-21
  • Price: $24.49 per share (sold in multiple transactions)
  • Shares sold: 11,271; Total proceeds: ~$276,027
  • Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Aug 22, 2025.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Filing timeliness: Form 4 filed on Jan 21, 2026 (same day as the reported transactions).

Context
Sales made under a pre-established Rule 10b5-1 plan are generally scheduled in advance and may reflect planned portfolio management rather than a director’s real-time view of the company. As with any insider sale, this is factual reporting of a disposal and should not alone be taken as a signal about company prospects.