Form 4: Outfront Media Inc. Director Peter Mathes Reports Share Transactions
SEC Form 4 Filing
Director Peter Mathes reports the vesting and conversion of restricted share units and acquisition of common stock due to dividend equivalents.
Summary
- On June 6, 2024, Peter Mathes, a director of Outfront Media Inc., reported transactions involving the company's common stock.
- Mathes converted 9,863 restricted share units into common stock.
- Additionally, Mathes acquired 624 shares of common stock due to the settlement of dividend equivalents at vesting.
- Following these transactions, Mathes directly owns 61,768 shares of Outfront Media Inc.
- The restricted share units vested in full on June 6, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of earliest transaction: conversion of restricted share units and acquisition of common stock. |
| 06/06/2024 | Restricted share units vest in full. |
| 06/10/2024 | Date of signature for the report. |
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