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LAMAR ADVERTISING (NASDAQ: LAMR) director reports bona fide gift of 328 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

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Insider REIFENHEISER THOMAS V
Role null
Type Security Shares Price Value
Gift Class A Common Stock 328 $0.00 --
Holdings After Transaction: Class A Common Stock — 44,486 shares (Direct, null)
Footnotes (1)
Shares gifted 328 shares Bona fide gift of Class A Common Stock
Reported gift price $0.00 per share Price for 328-share bona fide gift
Shares held after transaction 44,486 shares Director’s direct holdings after gift
Bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
REIFENHEISER THOMAS V
(Last)(First)(Middle)
5321 CORPORATE BOULEVARD
(Street)
BATON ROUGE LOUISIANA 70808
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
LAMAR ADVERTISING CO/NEW [ LAMR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/23/2026G328D$044,486D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ James McIlwain, at attorney-in-fact06/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LAMR director Thomas V. Reifenheiser report?

Thomas V. Reifenheiser reported a bona fide gift of 328 shares of LAMAR ADVERTISING CO/NEW Class A Common Stock. The transaction is coded as a gift, indicating a non-cash transfer rather than a market sale or purchase.

How many LAMR shares did the director gift in this Form 4 filing?

The director gifted 328 shares of LAMAR ADVERTISING CO/NEW Class A Common Stock. This is recorded as a bona fide gift transaction, meaning the shares were transferred without consideration, not sold on the open market.

What is Thomas V. Reifenheiser’s LAMR shareholding after the reported gift?

After the gift, Thomas V. Reifenheiser directly holds 44,486 shares of LAMAR ADVERTISING CO/NEW Class A Common Stock. This figure reflects his remaining reported direct ownership following the 328-share bona fide gift disposition.

Was the LAMR insider gift transaction a cash sale?

No, the transaction was not a cash sale. It is recorded as a bona fide gift of 328 shares at a reported price of $0.00 per share, indicating a non-cash transfer rather than an open-market sale.

Does this LAMR Form 4 include any derivative securities activity?

The Form 4 data shows no derivative securities transactions. The filing reports only a single non-derivative transaction: a bona fide gift of 328 shares of Class A Common Stock, with no options or other derivatives listed.