Welcome to our dedicated page for Saga Coms SEC filings (Ticker: SGA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Saga Communications, Inc. (Nasdaq: SGA) filings with the U.S. Securities and Exchange Commission, along with AI-powered tools to help interpret the disclosures. Saga is a Florida corporation devoted to acquiring, developing, and operating broadcast properties, with a business that includes radio, digital, e‑commerce, local on-line news, and non-traditional revenue initiatives across 28 markets.
In its current reports on Form 8‑K, Saga discloses material events such as quarterly and year-to-date financial results, declarations of quarterly cash dividends on its Class A Common Stock, stock repurchase transactions, amendments to its bylaws, and asset transactions like the sale of telecommunications tower sites combined with long-term antenna site leases. These filings also identify Saga’s jurisdiction of incorporation, Commission File Number, and IRS Employer Identification Number.
Saga’s earnings-related 8‑K filings are accompanied by press releases that present net operating revenue, station operating expense, operating income or loss, net income or loss, capital expenditures, and selected balance sheet data. The company also reports non-GAAP financial measures, including station operating income, same station financial information, pro forma financial information, trailing twelve-month consolidated EBITDA, and leverage ratio, and provides reconciliations to the most directly comparable GAAP measures in attached supplemental financial data tables.
On this SEC filings page, you can review Saga’s 8‑K disclosures and other available filings as they are updated from EDGAR. AI-generated summaries highlight key points in each document, explain the significance of items such as dividend declarations, stock buybacks, asset sales, and bylaw amendments, and clarify how Saga’s non-GAAP metrics relate to its GAAP results. This helps investors and researchers quickly understand the main implications of each filing without reading every line of the underlying documents.
Saga Communications director Timothy Clarke reported acquiring 4,446 shares of Class A Common Stock on 12/10/2025. The shares were recorded at a price of $0 per share, indicating an award or similar no-cost acquisition rather than an open-market purchase. Following this transaction, Clarke directly beneficially owns 17,503 Class A shares of Saga Communications Inc. The filing was made for one reporting person in his capacity as a director.
Saga Communications reported an insider transaction by a director involving its Class A common stock. On December 10, 2025, the director acquired 4,446 shares of Class A common stock in a transaction reported at a price of $0 per share. After this acquisition, the director beneficially owns 19,272 Class A shares, held in direct ownership.
Saga Communications Inc. director Warren Lada reported an insider stock transaction. On 12/10/2025, he acquired 4,446 shares of Saga Communications Class A common stock at a stated price of $0 per share. Following this acquisition, he beneficially owned 34,817 shares, held directly.
Saga Communications (SGA)$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 (SGA) executive Catherine Bobinski, SVP and Chief Accounting Officer, filed a Form 4 reporting a tax withholding transaction. On 11/06/2025, 564 shares of Class A common stock were withheld at $12.11 per share (transaction code F) in connection with the vesting of restricted stock.
Following the transaction, Bobinski beneficially owned 32,931 shares directly, and 1,389 shares indirectly in a 401(k) plan.
Saga Communications (SGA) Chief Operating Officer Wayne Leland filed a Form 4 reporting a routine tax-withholding transaction. On 11/06/2025, 276 shares of Class A Common Stock were withheld at a price of $12.11 per share (Code F) in connection with the vesting of restricted stock to satisfy tax obligations.
Following the transaction, the reporting person beneficially owns 23,868 shares directly. In addition, 1,566 shares are held indirectly in a 401(k) plan.
Saga Communications (SGA) reported an insider transaction by President & CEO and Director Christopher Forgy. On November 6, 2025, he had 760 Class A shares withheld at $12.11 per share under transaction code F, which reflects shares withheld to satisfy tax obligations upon the vesting of restricted stock.
Following the transaction, Forgy beneficially owns 88,062 Class A shares directly. He also holds 769 shares indirectly in the company’s 401(k) plan.
Saga Communications (SGA) filed its Q3 2025 10‑Q, reporting net operating revenue of $28.2 million versus $28.7 million a year ago. The quarter swung to a net loss of $0.5 million compared with net income of $1.3 million last year, or diluted EPS of $(0.08) versus $0.20. Year‑to‑date revenue was $80.6 million versus $83.7 million, with a net loss of $1.0 million versus net income of $2.2 million.
Operating cash flow remained positive: net cash provided by operating activities was $5.5 million for the nine months. Cash and equivalents were $17.1 million, long‑term debt was $5.0 million, and the company had $45 million of unused revolver capacity at quarter‑end. The company recorded approximately $2.1 million of retroactive ASCAP and BMI rate adjustments in station operating expenses. Assets held for sale were $4.4 million and liabilities held for sale were $0.8 million.
Subsequent event: Saga sold 24 telecom towers at 22 sites for approximately $10.7 million, receiving about $8.7 million in cash at closing and $1.8 million placed in escrow, with 25‑year $1 annual leasebacks for continued use. The board declared quarterly dividends totaling $0.75 per share year‑to‑date.
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) reported an insider transaction on a Form 4. On 10/21/2025, the reporting person sold 1,669 shares of Class A Common Stock (transaction code S) at a $12.5002 weighted average price, with individual trades ranging from $12.50 to $12.53. Following the sale, the insider beneficially owned 886,709 shares, held directly.