EVP sells 10,000 OUTFRONT Media (NYSE: OUT) shares in plan
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 10,000 shares ($310,900)
Net Sell
2 txns
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)
- 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.
Key Figures
Shares sold June 22, 2026: 5,000 shares at $31.13
Shares sold June 18, 2026: 5,000 shares at $31.05
Total shares sold: 10,000 shares
+1 more
4 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
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.
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.
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.