{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-058120","form_type":"8-K","ticker":"LAMR","cik":"0001090425","company_name":"LAMAR ADVERTISING CO/NEW","filed_at":"2023-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.834670+00:00","generated_at":"2026-06-18T14:08:47.607300+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Lamar issues performance-based LTIP units to three executives; changes annual equity award practice","bullets":["Issued 22,000 LTIP units to Kevin P. Reilly Jr., 44,000 to Sean Reilly, and 22,000 to Jay L. Johnson.","Vesting based on 2023 revenue growth (≥3.9% for 100%) and EBITDA growth (≥4.0% for 100%).","Company shifted from annual Class A stock awards to performance-based LTIP units; no stock awards in Feb 2023 or 2024.","LTIP units subject to forfeiture if performance targets not met; issued under 1996 Equity Incentive Plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-058120","json":"https://secwatch.observer/filing/0001193125-23-058120.json","markdown":"https://secwatch.observer/filing/0001193125-23-058120.md","text":"https://secwatch.observer/filing/0001193125-23-058120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090425/000119312523058120/0001193125-23-058120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090425/000119312523058120/d415090d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T14:08:47.607300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}