Form 4: Outfront Media Inc. Director Joseph H. Wender Reports Share Transactions
SEC Form 4 Filing
Director Joseph H. Wender reports the vesting and conversion of restricted share units into common stock, along with dividend equivalent shares.
Summary
- On June 6, 2024, Joseph H. Wender, a director of Outfront Media Inc., engaged in transactions involving the company's common stock.
- Wender converted 9,863 restricted share units into common stock at a price of $0 per share.
- Additionally, Wender acquired 624 shares of common stock due to the settlement of dividend equivalents at $0 per share.
- Following these transactions, Wender beneficially owns 59,356 shares of Outfront Media Inc. common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and activities of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of the reported transactions: conversion of restricted share units and acquisition of dividend equivalent shares. |
| 06/06/2024 | Restricted share units vest in full. |
| 06/10/2024 | Date of signature on the Form 4 filing. |
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