Every Form 4 that Lamar Advertising Co (LAMR) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow LAMR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LAMR filings page.
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.
Landrieu Mitchell reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising Company director Mitchell Landrieu received a grant of 542 shares of Class A Common Stock as equity compensation. The shares were awarded at no cash cost to him under the company’s 1996 Equity Incentive Plan. According to the vesting terms, 271 shares vested immediately on the grant date and the remaining 271 shares will vest on the last day of his one-year term as director. After this grant, Landrieu directly holds a total of 1,192 shares of Lamar Advertising Class A Common Stock.
REIFENHEISER THOMAS V reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising director Thomas V. Reifenheiser received a stock award of 542 shares of Class A Common Stock as director compensation. The shares were granted at no cash cost under the company’s 1996 Equity Incentive Plan. According to the vesting terms, 271 shares vested immediately on the grant date and 271 shares will vest on the last day of his one-year director term. Following this award, he directly holds 44,814 shares of Lamar Advertising Class A Common Stock.
Fletcher Nancy reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising director Nancy Fletcher received a grant of 644 shares of Class A Common Stock as equity compensation. The award carried no cash purchase price and was issued under the company’s 1996 Equity Incentive Plan. Following the grant, she directly holds 7,053 shares. Half of the grant vested immediately, and the remaining 322 shares vest at the end of her one-year director term, aligning compensation with continued board service.
KOERNER JOHN E III reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising director John E. Koerner III received an equity award of 644 shares of Class A Common Stock as compensation. The grant carried a price of $0.00 per share, indicating it was a stock award rather than a market purchase. Following this award, he holds 34,424 shares directly. According to the plan terms, 322 shares vested immediately on the grant date and the remaining 322 shares will vest on the last day of his one-year term as director.
Reilly Wendell reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising director Wendell Reilly reported an equity grant of Class A Common Stock. He received 508 shares as a grant or award at a price of $0.0000 per share under the company’s 1996 Equity Incentive Plan.
According to the footnote, 254 of these shares vested immediately, and the remaining 254 will vest on the last day of his one-year term as director. After this grant, Reilly holds 7,672 shares directly and an additional 5,000 shares are held indirectly by his spouse.
Thompson Elizabeth Mary reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising Company director Elizabeth Mary Thompson received an equity compensation grant of 542 shares of Class A Common Stock. The award was issued at no cash cost to her under the company’s 1996 Equity Incentive Plan. Of these shares, 271 vested immediately on the grant date, and the remaining 271 will vest on the last day of her one-year term as director. Following this grant, she directly holds a total of 5,608 shares of Lamar Advertising Class A Common Stock.
LOEB MARSHALL A reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising director Marshall A. Loeb received a grant of 542 shares of Class A Common Stock as equity compensation. The award was made at no cash cost to him under the company’s 1996 Equity Incentive Plan. Of these shares, 271 vested immediately and 271 will vest at the end of his one-year board term, bringing his direct holdings to 6,418 shares.
MUMBLOW STEPHEN P reported acquisition or exercise transactions in this Form 4 filing.
Lamar Advertising director Stephen P. MUMBBLOW received a grant of 678 shares of Class A Common Stock as equity compensation. The award was granted at no cash cost to him under Lamar’s 1996 Equity Incentive Plan. Following this grant, he directly holds 9,377 shares.
The footnote explains that 339 shares vested immediately on the grant date, while the remaining 339 shares will vest on the last day of his one-year term as director. This structure ties part of the award to completing the board term, aligning compensation with ongoing service.
Lamar Advertising Company executive Jay LeCoryelle Johnson, the CFO, Treasurer and EVP, sold 10,000 shares of Class A Common Stock in an open-market transaction. The sale occurred on May 11, 2026, at a price of $157.02 per share and reduced his directly held shares to zero.
Lamar Advertising EVP Ross Lamar Reilly exercised stock options for 9,000 shares of Class A Common Stock at $65.82 per share. On the same day, he sold 5,969 shares at $128.65 per share to cover tax withholding obligations and the option exercise price. After these transactions, he directly holds 15,850 shares of Class A Common Stock.
Lamar Advertising Company executive Ross Lamar Reilly received a grant of 24,000 LTIP Units tied to future performance. These LTIP Units were issued under Lamar’s 1996 Equity Incentive Plan and are a class of units in Lamar Advertising Limited Partnership, the operating partnership.
After certain events and upon vesting, the LTIP Units automatically convert into an equal number of common partnership units, which the holder may redeem for cash or Class A common stock on a one-for-one basis at Lamar’s election. The 24,000 units represent the maximum award, corresponding to achievement of 120% of financial performance targets for 2026 and will vest only if those goals are met, results are certified (expected in February 2027), and the executive remains employed, subject to Compensation Committee discretion.
Lamar Advertising Company awarded CFO, Treasurer and EVP Jay LeCoryelle Johnson 33,600 LTIP Units on Class A common stock at an exercise price of $0.0000 per unit. These LTIP Units are the maximum amount tied to achievement of 120% of target 2026 financial performance goals.
The units are subject to forfeiture and will vest only after Lamar’s 2026 results are certified, expected in February 2027, contingent on continued employment and Compensation Committee discretion. Upon certain events and vesting, LTIP Units convert into operating partnership units that are redeemable for cash or Class A common stock on a one-for-one basis at Lamar’s election.
Lamar Advertising Company reported that Chief Executive Officer Sean E. Reilly received a grant of 60,000 LTIP Units in Lamar Advertising Limited Partnership under the 1996 Equity Incentive Plan. These LTIP Units can automatically convert into an equivalent number of partnership units and ultimately Class A common stock, at the company’s election, after certain conditions are met.
The award is performance-based and subject to forfeiture depending on Lamar’s financial results. It will vest after certification of 2026 financial performance, expected in February 2027, assuming continued employment and Compensation Committee discretion. Following this grant and prior awards, Reilly holds LTIP Units tied to 165,035 underlying Class A common shares. This filing reflects a compensation award, not an open-market stock purchase or sale.
Lamar Advertising Executive Chairman Kevin P. Reilly Jr. received a grant of 26,400 LTIP Units on March 10, 2026 as equity compensation.
These LTIP Units may convert into an equal number of Class A common shares through partnership units, but only after vesting. Vesting depends on Lamar achieving specified 2026 financial performance goals, with certification expected in February 2027, continued employment, and Compensation Committee discretion. The 26,400 units represent the maximum payout level at 120% of target, and following this grant he holds LTIP Units tied to 76,576 underlying Class A shares.
Lamar Advertising executive Jay LeCoryelle Johnson, who serves as CFO, Treasurer and EVP, reported insider activity involving Class A Common Stock. An entity associated with him, Westview Capital Partners, LLC, sold 1,260 shares on March 5, 2026 in an open-market transaction at an average price of $137.56 per share, leaving that entity with no remaining reported indirect holdings.
Following these transactions, Johnson is reported as holding 10,000 shares of Class A Common Stock directly in his own name.
Lamar Advertising executive Jay LeCoryelle Johnson, the company’s CFO, Treasurer and EVP, reported indirect equity changes tied to long-term incentive awards. An entity associated with him, Westview Capital Partners, LLC, exercised 1,260 LTIP Units of Lamar Advertising Limited Partnership into 1,260 Common Units, which were then redeemed for 1,260 shares of Lamar’s Class A Common Stock at a stated price of $0.00 per share as a derivative conversion. The filing also updates indirect LTIP Unit holdings through Brawley Capital Partners, L.L.C. and Blair Road, L.L.C., and shows 10,000 shares of Class A Common Stock held directly by Johnson.
Lamar Advertising executive Ross Lamar reported stock-based compensation activity. He acquired 1,600 shares of Class A common stock as a grant or award on February 18, 2026, with no cash price per share, certified under the company’s performance-equity bonus program.
On the same date, 444 shares of Class A common stock were disposed of at $133.73 per share to satisfy a tax liability by delivering securities. After these transactions, his directly owned Class A common stock holdings were 12,819 shares.
Lamar Advertising Company Chief Executive Officer Sean E. Reilly reported a forfeiture of 20,965 LTIP Units of Lamar Advertising Limited Partnership to the issuer. These incentive units had been granted under Lamar’s 1996 Equity Incentive Plan and were subject to 2025 performance goals. The amount forfeited, including dividend equivalents, reflects the Compensation Committee’s determination of 2025 performance on February 18, 2026. After this disposition, Reilly directly holds 39,035 LTIP Units from this award, and a separate line in the filing shows 126,000 previously issued and vested LTIP Units held directly.
Lamar Advertising Company Executive Chairman Kevin P. Reilly Jr. reported a disposition of 9,224 LTIP Units of Lamar Advertising Limited Partnership to the issuer on February 18, 2026. The disposition occurred at a price of $0.00 per unit and reflects forfeiture tied to 2025 performance goals under Lamar's 1996 Equity Incentive Plan.
According to the disclosure, these LTIP Units were originally awarded subject to forfeiture based on performance results for 2025 as determined by the Compensation Committee. The forfeited portion, including associated dividends, represents the amount shown in the transaction. The filing also notes additional LTIP Units previously issued and vested under the same plan that can convert into partnership units redeemable for cash or Class A common stock on a one-for-one basis.
Lamar Advertising Company CFO Jay LeCoryelle Johnson reported a disposition of 11,740 LTIP Units back to the company’s operating partnership. The Form 4 shows this as a disposition to the issuer, with no price per unit, leaving 21,860 LTIP Units directly owned afterward.
Footnotes explain these LTIP Units were part of a performance-based award tied to 2025 goals under Lamar’s equity incentive plan, and the 11,740-unit amount represents the portion forfeited when 2025 performance results were determined on February 18, 2026. Johnson also has indirect LTIP Unit holdings through Westview Capital Partners, LLC and Blair Road, L.L.C., with 19,800 and 33,600 LTIP Units respectively following the reported date.