---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-070196"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T14:31:00.190348+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Lamar Advertising raises CEO base salary to $900k, CFO to $700k; grants LTIP units

## Summary
- CEO Sean Reilly base salary increased from $700k to $900k effective April 1, 2024.
- CFO Jay Johnson base salary increased from $600k to $700k; Exec Chairman base unchanged.
- Target cash bonus for CEO set at 100% of base salary; CFO at 85%; each eligible for up to 200% of target.
- LTIP units issued: 60,000 to CEO, 33,600 to CFO, 26,400 to Exec Chairman.
- LTIP units vest based on financial performance goals; maximum earned at 120% of target.

## SEC filing metadata
- accession: 0001193125-24-070196
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000119312524070196/0001193125-24-070196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090425/000119312524070196/d787061d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-070196
- JSON: https://secwatch.observer/filing/0001193125-24-070196.json
- Plain text: https://secwatch.observer/filing/0001193125-24-070196.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.