Johnson Jay LeCoryelle 4

What Happened

• Jay LeCoryelle, Chief Financial Officer, Treasurer and EVP of Lamar Advertising Co. (LAMR), sold 1,260 shares in an open-market transaction on March 5, 2026. The shares were sold at $137.56 per share for a total proceeds of approximately $173,326. This was a sale (not a purchase or option exercise), which is often routine insider liquidity.

Key Details

• Transaction date and price: 2026-03-05 — 1,260 shares sold at $137.56/share.
• Total reported proceeds: ~$173,326.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The reporting person is a member and manager of Westview Capital Partners, LLC (per filing footnote).
• Filing timeliness: Form filed 2026-03-06 (the day after the trade), indicating a timely filing.

Context

• This was an open-market sale (transaction code S). The filing does not indicate a 10b5-1 plan, option exercise, award, or gift tied to this trade. Sales by executives can reflect routine liquidity rather than a change in view on the company; the filing alone does not state the insider's motivation.