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 (SGA) director Judith Christian reported an insider sale on a Form 4. On 10/16/2025, she sold 761 shares of Class A Common Stock at a weighted average price of $12.5066, with trades executed between $12.50 and $12.52.
Following the transaction, she beneficially owns 888,378 shares, held directly. The filing notes that detailed trade breakdowns within the price range are available upon request.
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 (SGA) insider reported open‑market sales of Class A Common Stock. On 10/14/2025, the filer sold 748 shares at a weighted average price of $12.5071, with trades ranging from $12.50 to $12.60. On 10/15/2025, the filer sold 682 shares at a weighted average price of $12.56, with trades ranging from $12.50 to $12.64. Following these transactions, the filer beneficially owned 889,139 shares, held directly.
Edward K. Christian Trust reported a sale of 1 share of Class A common stock of Saga Communications, Inc. (SGA) on
Gregory David Sutherland, listed as a Director of Saga Communications, Inc. (SGA), filed an initial Form 3 reporting that he does not beneficially own any securities of the issuer. The event date requiring the statement is 09/29/2025. The filing shows the Form 3 was signed on behalf of the reporting person by an attorney‑in‑fact, Adin J. Tarr, on 10/09/2025. The document includes the reporting person’s business address in Grosse Pointe Farms, Michigan, and checks the box indicating the filer is a Director and that the form was filed by one reporting person. No non‑derivative or derivative holdings are listed.
Saga Communications, Inc. reporting person Edward K. Christian Trust sold a total of 639 shares of Class A common stock across two dates, reducing direct beneficial ownership from 890,580 to 890,570 shares. On
SAGA Communications, Inc. (SGA) filing a Form 144 notice reporting a proposed sale of 1 Class A common share with an aggregate market value of
The filing also discloses multiple recent trust sales over July–October 2025 totaling several thousand Class A shares, with individual sale proceeds shown (examples:
Saga Communications, Inc. (SGA) submitted a Form 144 notifying a proposed sale of 10 Class A common shares through Morgan Stanley Smith Barney, with an aggregate market value reported as $130.01 and an approximate sale date of 10/07/2025 on NASDAQ. The shares were acquired on 08/19/2022 as a distribution from a trust in the name of Edward K. Christian.
The filer also reported multiple sales by the same trust over the past three months totaling 18,128 shares, with individual gross proceeds listed for each trade. The notice includes the seller's representation that they are not aware of undisclosed material adverse information and includes the standard Rule 144 attestations about trading plans.
SAGA Communications, Inc. (SGA) submitted a Form 144 notice reporting a proposed sale of 629 Class A Common shares through Morgan Stanley Smith Barney on
The filer attests there is no undisclosed material adverse information and notes standard Rule 144 disclosures about trading plans. This is a routine insider liquidity notice rather than an operational or financial performance disclosure.
The Edward K. Christian Trust, a reporting person identified as a director, reported two open-market dispositions of Saga Communications, Inc. (SGA) Class A common stock. On 10/01/2025 the trust sold 546 shares at a weighted-average price of $12.6077. On 10/02/2025 it sold 1,678 shares at $12.50. The Form 4 shows the number of shares beneficially owned after those transactions as 892,887 and 891,209, respectively. The filing includes a footnote clarifying the weighted-average price range of the sales and is signed by the trustee on 10/03/2025.