Lamar Advertising Company filings document the regulatory record of an outdoor advertising REIT with Class A common stock listed on Nasdaq. Its 8-K reports cover operating results, dividend declarations, repurchase programs, material agreements, and financing activity connected to Lamar Media Corp., its wholly owned subsidiary.
The company’s proxy materials address board governance, shareholder voting matters, and executive compensation. Other disclosures describe Class A and Class B common stock, senior notes, credit agreement amendments, subsidiary obligations, risk factors, and capital-allocation actions related to dividends, stock repurchases, and debt repurchases.
Lamar Advertising Company (LAMR) reported that, on November 2, 2026, 7,600 vested LTIP Units held by Westview Capital Partners, LLC converted automatically into 7,600 Common Units, which were redeemed for 7,600 shares of Class A Common Stock. Westview held 7,600 shares afterward, and the transaction row reports 10,940 LTIP Units remaining there. Reporting person Jay LeCoryelle Johnson, the company's CFO, Treasurer and EVP, is a member and manager of Westview. The report also lists 33,600 LTIP Units held directly, 21,860 through Brawley Capital Partners, L.L.C., and 33,600 through Blair Road, L.L.C.
Lamar Advertising Company reported that its direct wholly owned subsidiary, Lamar Media Corp., and indirect wholly owned subsidiaries Lamar QRS Receivables, LLC and Lamar TRS Receivables, LLC amended the accounts receivable securitization agreement. The amendment extends the program’s maturity to October 1, 2029.
It also provides additional flexibility for eligibility of certain receivables under the program.
LAMAR ADVERTISING CO/NEW (LAMR) director Thomas V. Reifenheiser reported selling 8,099 shares of Class A Common Stock on September 14, 2026 in an open-market transaction at a weighted-average price of $149.03 per share, with individual trade prices ranging from $148.75 to $149.23. Following this sale, he directly holds 36,387 shares of Lamar Advertising Co/New. No Rule 10b5-1 trading plan is reported for this transaction.
Lamar Advertising Company (LAMR) director Thomas V. Reifenheiser has filed a Rule 144 notice for a proposed resale of Class A common stock. The filing covers up to 1,207,400 shares to be sold through J.P. Morgan Securities LLC, with an indicated aggregate market value of $87,129,599, on or after September 14, 2026 on NASDAQ.
The shares are held by the Thomas V. Reifenheiser, Jr. Amended and Restated Revocable Trust Agreement, for which Thomas V. Reifenheiser is trustee, and were acquired from option exercises between May 2007 and May 2024.
LAMAR ADVERTISING CO/NEW (LAMR) reported that its Board of Directors declared a quarterly cash dividend of $1.65 per share on its Class A and Class B common stock. The dividend is payable on September 30, 2026 to shareholders of record as of September 21, 2026. The announcement was made on September 1, 2026 and disclosed by press release, which is included as an exhibit.
Lamar Advertising Company and its subsidiary Lamar Media Corp. report modest top-line growth with stable profitability for the quarter and first half of 2026. Net revenues rose to $616.7 million for the quarter and $1.14 billion for the first half, driven mainly by billboard advertising, which contributed over $1.02 billion year-to-date.
For the first six months of 2026, net income was $266.5 million and adjusted EBITDA was $529.7 million, reflecting strong cash generation. Cash provided by operating activities reached $399.8 million, supporting $101.9 million of outdoor advertising asset acquisitions and $75.9 million of capital expenditures.
The company maintains a sizeable but managed debt load, with total debt of about $3.54 billion and access to liquidity through a $750 million revolving credit facility and a $250 million Accounts Receivable Securitization Program. As a REIT, Lamar continued returning capital, paying common dividends of $3.20 per share in the first half while remaining in compliance with all debt covenants.
Lamar Advertising Company reported solid growth for the quarter ended June 30, 2026. Net revenues were $616.7 million, up 6.5% from a year earlier, with net income of $164.6 million and diluted EPS of $1.58. Adjusted EBITDA rose to $303.4 million, an increase of 9.0%, while free cash flow reached $218.7 million. Adjusted funds from operations (AFFO) were $247.9 million, and diluted AFFO per share increased 8.1% to $2.40.
For the first six months of 2026, Lamar generated net revenues of $1.14 billion and net income of $266.5 million. Adjusted EBITDA was $529.7 million and free cash flow was $371.1 million. The company highlighted total liquidity of $720.2 million, including $652.2 million of revolver availability and $68.0 million in cash, against total debt of $3.51 billion. Management stated that second-quarter results exceeded its expectations and raised full-year diluted AFFO per share guidance to $8.75–$8.90, with diluted EPS guidance of $5.95–$5.99.
LAMAR ADVERTISING CO/NEW director Thomas V. Reifenheiser reported a bona fide gift of 328 shares of Class A Common Stock. The transfer carried a reported price of $0.00 per share, consistent with a non-cash gift. After this disposition, he directly holds 44,486 shares.
Lamar Advertising Company director Anna Reilly received an award of 485 shares of Class A Common Stock as equity compensation. The grant carried no cash exercise price. Following this award, she directly holds 148,463 shares.
According to the grant terms, 243 shares vested immediately, and 242 shares will vest on the last day of her one-year term as director. The Compensation Committee approved the award upon her re-election and after conditions under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 were fully satisfied.
Lamar Advertising Company reported that stockholders at the 2026 Annual Meeting approved amendments to its 1996 Equity Incentive Plan and 2019 Employee Stock Purchase Plan. The equity plan will add 2,000,000 shares of Class A common stock, raising the total available under the plan from 17,500,000 to 19,500,000 shares, effective June 1, 2026.
Stockholders also approved increasing shares available under the 2019 Employee Stock Purchase Plan by 500,000 shares, ratified KPMG LLP as independent auditor for the 2026 fiscal year, and supported executive compensation on an advisory basis. All ten director nominees were elected, with a quorum established based on Class A, Class B, and Series AA Preferred shares represented.