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, Inc. (SGA) Form 144 reports a proposed sale of 1,054 Class A common shares through Morgan Stanley Smith Barney LLC on 08/25/2025, with an aggregate market value of $14,058.46. The shares were acquired on 08/19/2022 as a distribution from a trust originating from Edward K. Christian. The issuer shows 6,439,921 shares outstanding for this class.
The filing also discloses multiple sales by the same trust during the prior three months, with transactions dated between 06/05/2025 and 08/22/2025. Notable single past sales include 9,583 shares on 06/05/2025 (gross proceeds $121,852.64) and 6,269 shares on 07/01/2025 (gross proceeds $81,791.64). The filer attests there is no undisclosed material adverse information.
Saga Communications, Inc. (SGA) Form 144 filing reports a proposed sale of 1,727 Class A Common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $22,954.42. The shares were acquired by the filing party as a distribution from a trust/estate on 08/19/2022 from Edward K. Christian. The filing lists the seller as EDWARD K CHRISTIAN AGREEMENT OF TRUST and discloses numerous sales by that trust in the prior three months. The filing shows total shares outstanding of 6,439,921 and includes specific prior sale dates and gross proceeds for each trade.
Schedule 13G/A filed for Saga Communications, Inc. (Class A common stock) discloses that the Edward K. Christian Trust beneficially owns 897,159 shares, representing 13.99% of the Class A outstanding based on 6,439,921 shares as of August 4, 2025. The filing also lists Judith A. Christian IRA with 3,541 shares and reports Michael L. Dallaire as having shared voting and dispositive power over 897,159 shares; Judith A. Christian is reported to beneficially own 900,700 shares in total.
The statement includes a joint filing agreement and signed certifications and explicitly states the securities were not acquired and are not held for the purpose of changing or influencing the issuer's control.
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 insider reporting shows the Edward K. Christian Trust sold 1,027 Class A common shares on 08/07/2025 at a weighted average price of $12.5856. After the sale the trust beneficially owned 897,159 shares.
The Form 4 is signed by Judith Christian, Trustee, was filed by one reporting person, and indicates the reporting person is a Director. A footnote states the shares were sold in multiple transactions at prices ranging from $12.50 to $12.70, and the reporting person offers to provide the breakdown on request.
Saga Communications (SGA) reported mixed results for the quarter and first half of 2025. Net operating revenue for the three months ended June 30, 2025 was $28.23 million, down from $29.72 million the prior year, while station operating expense fell to $22.23 million from $23.31 million. The company recorded quarterly net income of $1.13 million (basic EPS $0.18), but a six-month net loss of $447,000 (basic EPS $(0.07)), versus a six-month profit of $924,000 a year earlier. Cash and cash equivalents were $15.79 million and short-term held-to-maturity Treasury bills were $9.12 million. Operating cash flow for the six months was $2.12 million. The balance sheet shows total assets of $218.87 million, total liabilities of $55.19 million, and total shareholders' equity of $163.68 million. Management remains in compliance with credit covenants and had approximately $45 million of unused borrowing capacity under its credit facility.