4Accepted Aug 20, 4:36 PM ET
OUTFRONT Media (OUT) SVP Patrick Martin Sells 10,000 Shares
Accepted (ET)
4:36 PM
Aug 20, 2026
Filed
Aug 20, 2026
Documents
1
Size
5.0 KB
Summary
OUTFRONT Media (OUT) SVP Patrick Martin Sells 10,000 Shares
What Happened
Patrick Martin, SVP, Controller and CAO of OUTFRONT Media (OUT), sold 10,000 shares in an open-market transaction on August 19, 2026. The shares were disposed at $30.10 per share, generating proceeds of $301,000. This was a sale (not a purchase); sales by insiders can be routine and may be executed for a variety of non‑market‑timing reasons.
Key Details
- Transaction date: August 19, 2026; reported on Form 4 filed August 20, 2026 (timely filing).
- Transaction type/code: Sale (S) — open market or private sale reported.
- Price and size: 10,000 shares at $30.10 per share; total value $301,000.
- Footnote: The sale was effected under a Rule 10b5-1 trading plan adopted May 20, 2026.
- Shares owned after transaction: Not specified in the summary provided; see the full Form 4 for post‑transaction holdings.
Context
The sale was executed pursuant to a pre‑established 10b5‑1 plan, which typically allows insiders to sell shares on a set schedule and can reduce the implication that the sale reflects recent, nonpublic information. For retail investors, purchases generally carry more immediate informational value than planned sales; a single planned sale does not necessarily indicate a change in insider sentiment about the company.