Every 8-K that Saga Communications, Inc. (SGA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SGA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SGA filings page.
SAGA COMMUNICATIONS INC (SGA) announced a new quarterly cash dividend of $0.25 per share on its Class A Common Stock. The dividend is scheduled to be paid on October 16, 2026 to shareholders of record on September 23, 2026, and will total approximately $1.6 million funded from existing cash.
Including this dividend, Saga states it has paid over $146 million in dividends to shareholders since 2012 and currently intends to continue declaring regular quarterly cash dividends, while emphasizing that any future dividends or stock buybacks will remain at the Board’s discretion based on financial performance and other factors. Saga operates broadcast properties in 28 markets, including 82 FM and 28 AM radio stations and 78 metro signals.
Saga Communications, Inc. reported softer results for the quarter and six months ended June 30, 2026. For the quarter, net revenue fell 6.5% to $26.4 million and station operating expense rose 5.4% to $23.4 million, leading to operating income of $623 thousand versus $1.4 million a year earlier. Net income was $960 thousand, or $0.15 diluted EPS.
For the first half of 2026, net revenue declined 6.0% to $49.3 million and the company recorded an operating loss of $2.6 million and a net loss of $1.4 million, or $0.23 diluted loss per share. Station operating income, a non-GAAP metric, dropped to $3.8 million from $8.3 million. Trailing twelve month consolidated EBITDA was $1.7 million.
Liquidity remains a focus: Saga completed a $10.7 million tower sale in 2025 and, reflecting related amendments, recorded $352 thousand in non-cash rent expense and $381 thousand in non-cash interest income in the quarter. Cash and short-term investments totaled $27.8 million at June 30, 2026, and $22.9 million as of August 10, 2026 after repaying in full $5.0 million under the revolving credit facility. The company paid a $0.25 quarterly dividend (about $1.6 million) and expects $3.0–$3.5 million of 2026 capital expenditures.
Saga Communications, Inc. reported the results of its Annual Meeting of Shareholders held on June 1, 2026. Shareholders elected seven directors for one-year terms, with individual nominees receiving between 2,871,665 and 3,696,203 votes for and between 1,097,273 and 1,921,811 votes withheld, plus 863,982 broker non-votes for each.
Shareholders also ratified the appointment of Crowe LLP as independent auditors for the fiscal year ending December 31, 2026, with 5,571,362 votes for, 24,494 against and 61,602 abstentions. In a non-binding advisory vote, shareholders approved the compensation of named executive officers, with 3,020,736 votes for, 1,760,704 against, 12,036 abstentions and 863,982 broker non-votes.
Saga Communications, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on its Class A common stock. The dividend will be paid on June 12, 2026 to shareholders of record on May 22, 2026.
The company expects the aggregate dividend payment to be approximately $1.6 million, funded from cash on its balance sheet. Including this dividend, Saga states it has paid over $145 million in dividends to shareholders since its first special dividend in 2012 and notes that any future dividends or buybacks will remain at the Board’s full discretion.
Saga Communications, Inc. reported weaker results for the quarter ended March 31, 2026. Net operating revenue fell 5.6% to $22.9 million from $24.2 million, while station operating income dropped 62.0% to $0.9 million. The company posted an operating loss of $3.3 million and a net loss of $2.4 million, compared with losses of $2.3 million and $1.6 million a year earlier. Diluted loss per share widened to $0.38 from $0.25. Saga paid a quarterly dividend of $0.25 per share in March 2026 (about $1.6 million) and declared another $0.25 dividend with a record date of May 22, 2026 and payable June 12, 2026. Cash and short-term investments were $30.4 million as of March 31, 2026 and $27.8 million as of May 4, 2026. Trailing twelve month consolidated EBITDA, a non-GAAP measure, was $4.0 million, and the consolidated net leverage ratio was reported at (1.51), reflecting net cash.
Saga Communications, Inc. reported that Chief Executive Officer Christopher S. Forgy has resumed all regular duties and responsibilities after a temporary medical leave. The company previously disclosed on February 13, 2026 that he began an indefinite medical leave to recover from open heart surgery.
During his recovery, Mr. Forgy remained available for consultation on significant matters, returned initially on a part-time basis, and led the company’s 4th Quarter and Year-End 2025 conference call on March 12, 2026. While he was away, the executive team, led by Chief Operating Officer Wayne Leland and Chief Financial Officer Samuel D. Bush, maintained continuity of operations.
Saga Communications reported weaker results for the quarter and year ended December 31, 2025, driven by an impairment charge and softer advertising. Q4 net revenue fell 9.3% to $26.5 million, while digital revenue grew 25.8% to $4.3 million. The quarter swung to an operating loss of $9.5 million and a net loss of $6.9 million, versus prior-year profits.
For 2025, net revenue declined 5.1% to $107.1 million and net loss was $7.9 million versus net income of $3.5 million in 2024, largely due to a $20.4 million impairment of goodwill and FCC licenses and a $2.2 million retroactive music licensing settlement. The company monetized 24 towers, recording an $11.6 million gain on total proceeds of $15.1 million, repurchased 219,326 shares for $2.5 million, paid quarterly dividends of $0.25 per share and ended 2025 with $31.8 million in cash and short-term investments.
Saga Communications, Inc. reported that Chief Executive Officer Christopher S. Forgy has begun a temporary medical leave of absence starting on February 13, 2026, with an indefinite recovery period. The company expects Mr. Forgy to remain available for consultation on significant matters while he recovers. The Board has designated Chief Operating Officer Wayne Leland and Chief Financial Officer Samuel D. Bush to assist with the CEO’s responsibilities until he returns from medical leave, providing interim leadership coverage across operations and finance.
Saga Communications, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on its Class A common stock. The dividend, totaling approximately $1.6 million, will be paid on March 20, 2026 to shareholders of record on February 26, 2026 and will be funded from existing cash on the balance sheet.
The company notes that, including this payment, it will have distributed over $143 million in dividends since 2012. Saga currently intends to continue declaring regular quarterly cash dividends and, as part of its 2026 capital allocation plan, may also consider stock buybacks and special dividends, though any such actions remain at the Board’s discretion based on financial performance and cash needs.
Saga Communications repurchased 184,215 shares of its common stock in a privately negotiated transaction at $11.50 per share, for an aggregate purchase price of approximately $2.1 million.
The buyback, completed on December 12, 2025, represents about 2.8% of the company’s outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025. The repurchased shares were returned to treasury and are no longer outstanding, and the transaction relied on the private offering exemption under Section 4(a)(2) of the Securities Act of 1933, with the selling stockholder represented as an accredited investor.
Saga Communications (SGA) announced its Board declared a quarterly cash dividend of $0.25 per share on its Class A Common Stock. The dividend is payable on December 12, 2025 to shareholders of record as of November 24, 2025. This continues the company’s practice of returning cash to shareholders through regular dividends.
Saga Communications, Inc. filed a Form 8-K to furnish a press release announcing its financial results for the three and nine months ended September 30, 2025. The company states that the press release, dated November 6, 2025, is included as Exhibit 99.1 to the filing.
The furnished information under Item 2.02, including Exhibit 99.1, is expressly described as not being deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and will only be incorporated into other Securities Act or Exchange Act filings if specifically referenced.
Saga Communications (SGA) sold 24 telecommunications towers and related assets at 22 sites for approximately $10.7 million. At closing, the company received approximately $8.7 million in net proceeds, with $1.8 million placed in escrow. The escrow is expected to be released within the next six months upon landlord consents for four tower sites; if consents are not obtained, those site sales will be unwound and revert to the subsidiaries. Simultaneously, the company entered into 25-year leases for continued tower use at annual payments of $1 per lease.
The company also executed a Fourth Amendment to its Credit Agreement, reducing the aggregate revolving commitments from $50,000,000 to $40,000,000 and releasing the agent’s security interest in the GTC Assets, excluding any proceeds or other collateral.
Saga Communications, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on its Class A Common Stock. The dividend is payable on September 19, 2025 to shareholders of record on August 26, 2025, and the declaration is described in a press release filed as Exhibit 99.1.
The Form 8-K also identifies the security as Class A Common Stock trading under the symbol SGA on the NASDAQ Global Market and includes a Cover Page Interactive Data File as Exhibit 104. No earnings figures, financial statements, or other material transactions are included in this filing.
Saga Communications, Inc. (NASDAQ: SGA) filed an 8-K on 19 June 2025 announcing that its Board adopted Amended and Restated Bylaws effective the same day. The revisions principally tighten and clarify governance procedures surrounding shareholder proposals and director nominations.
- Shareholder nominations & proposals: Expanded disclosure requirements now obligate proposing shareholders to reveal relationships with other investors, funding sources, conflicts of interest, and any compensation arrangements with nominees. Identical timeliness windows apply to both director nominations and other business items (excluding Rule 14a-8 submissions). Shareholders must update or supplement notices as specified dates approach.
- Proxy compliance enforcement: If a shareholder who notified the Company under Rule 14a-19 later fails to comply, the Company can disregard votes or proxies for that nominee.
- Board & meeting authority: The amended bylaws expressly empower the Board and meeting chair to regulate conduct and adjourn meetings, and special Board meetings may now be called on less than 24-hour notice when necessary.
- Record dates: Procedures are set for fixing record dates for shareholders entitled to call special meetings, with any record date for voting or notice capped at 70 days before the meeting.
The Company also updated the deadline for submitting non-proxy-statement proposals for the 2026 Annual Meeting: materials must arrive by 1 February 2026 unless the meeting date shifts outside 12 April–1 July 2026, in which case the deadline is the later of 90 days before the meeting or 10 days after the meeting date is announced.
No financial results or major transactions were disclosed; the filing is limited to corporate governance changes.