Major Saga Communications (SGA) investors report 13.8% ownership

Rhea-AI Filing Summary

Saga Communications, Inc. received an amended Schedule 13G showing that several related holders report significant passive stakes in its Class A Common Stock. The Edward K. Christian Trust beneficially owns 886,709 shares, representing 13.8% of the class based on 6,439,921 shares outstanding as of November 3, 2025.

Michael L. Dallaire, as co-trustee, is reported to share voting and dispositive power over the same 886,709 shares and is also listed with a 13.8% beneficial stake. Judith A. Christian is reported with 890,250 shares in total, or 13.8%, including 3,541 shares held in an IRA. The filers certify the shares are not held to change or influence control of Saga Communications.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

Saga Communications, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

786598300

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 786598300

1

Names of Reporting Persons

Edward K. Christian Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 886,709.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 886,709.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

886,709.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.8 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage is calculated based upon total outstanding shares of 6,439,921 as of November 3, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on November 7, 2025.

SCHEDULE 13G

CUSIP No. 786598300

1

Names of Reporting Persons

Judith A. Christian IRA

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,541.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,541.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,541.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage is calculated based upon total outstanding shares of 6,439,921 as of November 3, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on November 7, 2025.

SCHEDULE 13G

CUSIP No. 786598300

1

Names of Reporting Persons

Michael L. Dallaire

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 886,709.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 886,709.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

886,709.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.8 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage is calculated based upon total outstanding shares of 6,439,921 as of November 3, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on November 7, 2025.

SCHEDULE 13G

CUSIP No. 786598300

1

Names of Reporting Persons

Judith A. Christian

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,541.00
6	Shared Voting Power 886,709.00
7	Sole Dispositive Power 3,541.00
8	Shared Dispositive Power 886,709.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

890,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.8 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage is calculated based upon total outstanding shares of 6,439,921 as of November 3, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on November 7, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Saga Communications, Inc.
(b)	Address of issuer's principal executive offices: 73 Kercheval Avenue, Grosse Pointe Farms, MI 48236
Item 2.
(a)	Name of person filing: 1. Edward K. Christian Trust ("Trust"); 2. Judith A. Christian IRA; 3. Michael L. Dallaire; and 4. Judith A. Christian. Michael L. Dallaire and Judith A. Christian are both co-trustees of the Trust.
(b)	Address or principal business office or, if none, residence: The principal business office for each Reporting Person is 500 Woodward Avenue, Suite 4000, Detroit MI 48226.
(c)	Citizenship: The Trust is formed under the laws of the state of Florida. Michael L. Dallaire and Judith A. Christian are each citizens of the United States of America.
(d)	Title of class of securities: Class A Common Stock, par value $0.01 per share
(e)	CUSIP No.: 786598300
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1. Trust - 886,709 shares of Class A Common Stock 2. Judith A. Christian IRA - 3,541 shares of Class A Common Stock 3. Michael L. Dallaire - 886,709 shares of Class A Common Stock 4. Judith A. Christian - 890,250 shares of Class A Common Stock
(b)	Percent of class: 1. Trust - 13.8% 2. Judith A. Christian IRA - 0.1% 3. Michael L. Dallaire - 13.8% 4. Judith A. Christian - 13.8%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1. Trust - 886,709 shares of Class A Common Stock 2. Judith A. Christian IRA - 3,541 shares of Class A Common Stock 3. Michael L. Dallaire - 0 shares of Class A Common Stock 4. Judith A. Christian - 3,541 shares of Class A Common Stock
	(ii) Shared power to vote or to direct the vote: 1. Trust - 0 shares of Class A Common Stock 2. Judith A. Christian IRA - 0 shares of Class A Common Stock 3. Michael L. Dallaire - 886,709 shares of Class A Common Stock 4. Judith A. Christian - 886,709 shares of Class A Common Stock
	(iii) Sole power to dispose or to direct the disposition of: 1. Trust - 886,709 shares of Class A Common Stock 2. Judith A. Christian IRA - 3,541 shares of Class A Common Stock 3. Michael L. Dallaire - 0 shares of Class A Common Stock 4. Judith A. Christian - 3,541 shares of Class A Common Stock
	(iv) Shared power to dispose or to direct the disposition of: 1. Trust - 0 shares of Class A Common Stock 2. Judith A. Christian IRA - 0 shares of Class A Common Stock 3. Michael L. Dallaire - 886,709 shares of Class A Common Stock 4. Judith A. Christian - 886,709 shares of Class A Common Stock
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Edward K. Christian Trust

Signature:	/s/ Michael L. Dallaire
Name/Title:	Michael L. Dallaire/Co-Trustee
Date:	02/17/2026

Signature:	/s/ Judith A. Christian
Name/Title:	Judith A. Christian/Co-Trustee
Date:	02/17/2026

Judith A. Christian IRA

Signature:	/s/ Judith A. Christian
Name/Title:	Judith Christian/Account Beneficiary
Date:	02/17/2026

Michael L. Dallaire

Signature:	/s/ Michael L. Dallaire
Name/Title:	Michael L. Dallaire/Individual
Date:	02/17/2026

Judith A. Christian

Signature:	/s/ Judith A. Christian
Name/Title:	Judith Christian/Individual
Date:	02/17/2026

Exhibit Information

Exhibit 1 - Joint Filing Agreement Pursuant to Rule 13d-1

FAQ

What ownership stake in Saga Communications (SGA) does the Edward K. Christian Trust report?

The Edward K. Christian Trust reports beneficial ownership of 886,709 Class A shares of Saga Communications, Inc., representing 13.8% of the class. This percentage is based on 6,439,921 shares outstanding as of November 3, 2025.

How many Saga Communications (SGA) shares does Judith A. Christian beneficially own?

Judith A. Christian is reported as beneficially owning 890,250 Class A shares of Saga Communications, Inc., equal to 13.8% of the class. This total includes 3,541 shares held in a Judith A. Christian IRA account.

What percentage of Saga Communications (SGA) does Michael L. Dallaire report owning?

Michael L. Dallaire reports beneficial ownership of 886,709 Class A shares of Saga Communications, Inc., representing 13.8% of the outstanding class. He is listed with shared voting and dispositive power over these trust-held shares.

On what share count is the 13.8% Saga Communications (SGA) ownership based?

The reported 13.8% ownership stakes are calculated using 6,439,921 Saga Communications Class A shares outstanding as of November 3, 2025, a figure referenced from the company’s Quarterly Report on Form 10-Q filed on November 7, 2025.

Do the reporting persons seek to influence control of Saga Communications (SGA)?

The reporting persons certify the securities were not acquired and are not held for the purpose of changing or influencing control of Saga Communications, Inc. They also state the holdings are not in connection with any transaction having that control-changing purpose or effect.

Who are the reporting persons on this Saga Communications (SGA) Schedule 13G/A?

The Schedule 13G/A lists four reporting persons: the Edward K. Christian Trust, Judith A. Christian IRA, Michael L. Dallaire, and Judith A. Christian. Dallaire and Judith Christian are co-trustees of the Edward K. Christian Trust holding the large Saga stake.