[144] OUTFRONT Media Inc. SEC Filing
Rhea-AI Filing Summary
OUTFRONT Media Inc. Form 144: A holder notified intent to sell 34,791 shares of common stock through J.P. Morgan Securities LLC with an aggregate market value of $628,325.46. The company has 167,224,576 shares outstanding and the approximate sale date is 09/03/2025. The shares were originally acquired on 04/16/2020 from the issuer under an Investment Agreement, with 71,711 shares acquired and payment made in cash. No sales by the filer in the past three months were reported. The filer affirms no undisclosed material adverse information at the time of signing.
Positive
- Transparent disclosure of acquisition date, origin (Investment Agreement), and payment method (cash)
- Sale routed through a reputable broker, J.P. Morgan Securities LLC, which supports orderly execution
Negative
- Insufficient contextual detail about the seller's identity and motive beyond the required attestation
Insights
TL;DR Insider plans a small, routine sale representing a trace portion of outstanding shares, unlikely to materially affect valuation.
The notice reports a proposed sale of 34,791 shares valued at $628,325.46, representing roughly 0.021% of the 167,224,576 shares outstanding. The holdings were acquired under an investment agreement in 2020 and no other sales were reported in the prior three months. The transaction appears administratively routine and executed through a major broker, which reduces execution risk. There is no disclosure here of new operational or financial developments by the issuer.
TL;DR Filing is a standard Rule 144 notice with required attestation; it raises no governance red flags on its face.
The filer certifies absence of undisclosed material adverse information and indicates the sale will follow Rule 144 procedures. The acquisition origin from the issuer under an investment agreement is disclosed, and payment was in cash. No recent abnormal insider selling activity is recorded in the document. From a governance perspective, this is compliant disclosure without indications of related-party concerns or exceptional insider behavior in this filing.