SIEGEL MATTHEW 4

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.