SIEGEL MATTHEW 4
4 · OUTFRONT Media Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
OUTFRONT Media (OUT) CFO Matthew Siegel Sells 50,000 Shares
What Happened Matthew Siegel, EVP and Chief Financial Officer of OUTFRONT Media (OUT), sold 50,000 shares on March 31, 2026 in an open-market transaction. The reported weighted-average sale price was $25.79 per share, producing proceeds of approximately $1,289,500. This was a sale (code S), which is typically seen as routine liquidity rather than a bullish signal.
Key Details
- Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-02).
- Price: weighted average $25.79; individual sales ranged from $25.51 to $26.09.
- Shares sold: 50,000; aggregate proceeds ≈ $1,289,500.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnotes: Sales were executed under a Rule 10b5-1 trading plan adopted Dec 11, 2025 (F1). The reported price is a weighted average; the filer offers to provide a per-price breakdown on request (F2).
- Timeliness: Form 4 was filed shortly after the trade (no late filing flag in the provided data).
Context A 10b5-1 plan lets insiders prearrange trades and is commonly used to avoid trading while in possession of material nonpublic information. Sales under such plans are generally considered routine; retail investors often weigh purchases more heavily when assessing insider sentiment.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-31$25.79/sh−50,000$1,289,500→ 289,925 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.51 to $26.09, 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.