Form 4: OUT executive sells 4,126 shares; ownership now 4,170 shares
Rhea-AI Filing Summary
Mark E. Bonanni, EVP and CRO of OUTFRONT Media Inc. (OUT), reported a sale of 4,126 shares of the company's common stock on 08/22/2025 at a weighted-average price of $19.38 per share. After the reported transaction, he beneficially owned 4,170 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/26/2025. The filing includes a footnote that the reported price is a weighted average from multiple transactions and that the reporting person will provide details on request.
Positive
- Timely disclosure of insider transaction with transaction date 08/22/2025 and filing signature 08/26/2025
- Transparency note offering to provide per-trade details supporting the weighted-average price disclosure
Negative
- Insider disposition of 4,126 shares reported, reducing direct holdings to 4,170 shares
Insights
TL;DR: Insider sale of 4,126 shares at $19.38; filing documents ownership and weighted-average pricing.
The transaction is a routine Section 16 disclosure showing a direct disposal by an executive. The Form 4 provides essential details: transaction date, number of shares sold, weighted-average price, and post-transaction beneficial ownership. The footnote clarifies that the sale occurred in multiple trades at the same reported price and offers to provide per-trade quantities if requested, which supports transparency in reporting.
TL;DR: Timely Form 4 filing by an officer documenting an officer sale and confirming direct ownership afterward.
The filing appears complete for a single non-derivative disposal: it identifies the reporting person, relationship to the issuer (EVP, CRO, Commercial), transaction details, and signature by attorney-in-fact. The explicit offer to furnish breakdowns of the multiple trades in the footnote is helpful for compliance review. There is no indication of related-party plans or exemptions stated on the form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,126 | $19.38 | $80K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.38 to $19.38, inclusive. The reporting person undertakes to provide to OUTFRONT Media Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.