STOCK TITAN

EVP sells 10,000 OUTFRONT Media (NYSE: OUT) shares in plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

OUTFRONT Media Inc. executive vice president and general counsel Richard H. Sauer reported selling a total of 10,000 shares of common stock in open-market transactions. He sold 5,000 shares at a weighted average price of $31.13 and 5,000 shares at a weighted average price of $31.05.

The sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2026, indicating they were scheduled in advance. Following these transactions, Sauer directly holds 66,947 shares of OUTFRONT Media common stock.

Positive

  • None.

Negative

  • None.
Insider Sauer Richard H.
Role EVP, General Counsel
Sold 10,000 shs ($311K)
Type Security Shares Price Value
Sale Common Stock 5,000 $31.13 $156K
Sale Common Stock 5,000 $31.05 $155K
Holdings After Transaction: Common Stock — 66,947 shares (Direct, null)
Footnotes (1)
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.75 to $31.43, 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.94 to $31.34, inclusive. The reporting person undertakes to provide to 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.
Shares sold June 22, 2026 5,000 shares at $31.13 Open-market sale of common stock
Shares sold June 18, 2026 5,000 shares at $31.05 Open-market sale of common stock
Total shares sold 10,000 shares Net-sell across two open-market transactions
Shares held after transactions 66,947 shares Direct ownership following reported sales
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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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*
Sauer Richard H.

(Last)(First)(Middle)
C/O OUTFRONT MEDIA INC.
90 PARK AVENUE, 9TH FLOOR

(Street)
NEW YORK NEW YORK 10016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OUTFRONT Media Inc. [ OUT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
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
Common Stock06/18/2026S(1)5,000D$31.05(2)71,947D
Common Stock06/22/2026S(1)5,000D$31.13(3)66,947D
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:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.75 to $31.43, 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.
3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.94 to $31.34, inclusive. The reporting person undertakes to provide to 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.
Remarks:
/s/ Louis Capocasale, Attorney-in-fact for Richard Sauer06/23/2026
** 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)

FAQ

What insider transaction did OUT (OUTFRONT Media Inc.) report for Richard H. Sauer?

Richard H. Sauer sold 10,000 OUTFRONT Media shares. The executive vice president and general counsel completed two open-market sales of common stock, each for 5,000 shares, as disclosed in a Form 4 insider trading report.

At what prices did Richard H. Sauer sell OUTFRONT Media (OUT) shares?

Sauer sold shares around $31 per share. He sold 5,000 shares at a weighted average price of $31.13 and another 5,000 shares at a weighted average price of $31.05, with actual trades occurring within stated price ranges.

How many OUTFRONT Media (OUT) shares does Richard H. Sauer hold after the sale?

Sauer holds 66,947 OUTFRONT Media shares after the transactions. This remaining direct ownership reflects his position following the two open-market sales totaling 10,000 shares of common stock reported in the Form 4 filing.

Were Richard H. Sauer’s OUTFRONT Media (OUT) stock sales under a 10b5-1 plan?

Yes, the sales were under a Rule 10b5-1 trading plan. The filing states the transactions were effected pursuant to a pre-arranged plan adopted on March 13, 2026, indicating they were scheduled in advance rather than timed discretionarily.

On what dates did Richard H. Sauer sell OUTFRONT Media (OUT) shares?

The reported sales occurred on June 18 and June 22, 2026. Each transaction involved 5,000 shares of OUTFRONT Media common stock, executed as open-market sales at weighted average prices slightly above $31 per share.