[SCHEDULE 13G/A] Saga Communications, Inc. SEC Filing

Rhea-AI Filing Summary

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.

Positive

• Edward K. Christian Trust beneficially owns 897,159 shares (13.99% of Class A)
• Judith A. Christian beneficially owns 900,700 shares (reported total)
• Filing includes a Joint Filing Agreement exhibit and signed certifications

Negative

• None.

Insights

Financial Analyst

TL;DR: Related parties disclose a near-14% stake in SGA, material for ownership concentration but certified not to seek control.

The filing shows concentrated holdings: the Edward K. Christian Trust reports 897,159 shares (13.99%) and Judith A. Christian reports 900,700 shares. Michael L. Dallaire is reported with shared voting and dispositive power over the 897,159 shares held by the Trust. The ownership percentage is calculated using the issuer's stated outstanding shares of 6,439,921 as of August 4, 2025. For investors, this is a material disclosure of ownership concentration but the certification that the shares are not held to influence control reduces immediate governance-change implications.

Corporate Governance Expert

TL;DR: Co-trustees and related individuals filed jointly; no group designation and certification denies intent to change control.

The statement identifies the Edward K. Christian Trust, Judith A. Christian IRA, Michael L. Dallaire and Judith A. Christian as reporting persons, with co-trustees signing the filing and an Exhibit of a Joint Filing Agreement included. Item responses show "Not Applicable" for group classification and dissolution notices, indicating the filers did not characterize themselves as a controlling group. The explicit certification that the holdings are not for influencing control is an important governance disclosure; ongoing monitoring of any future amendments would be needed to detect changes in intent or increased ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Saga Communications, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

786598300

(CUSIP Number)

06/30/2025

(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 897,159.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 897,159.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

897,159.00

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)

13.99 %

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 August 4, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on August 8, 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)

0.05 %

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 August 4, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on August 8, 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 897,159.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 897,159.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

897,159.00

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)

13.99 %

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 August 4, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on August 8, 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 897,159.00
7	Sole Dispositive Power 3,541.00
8	Shared Dispositive Power 897,159.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

900,700.00

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)

13.99 %

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 August 4, 2025 as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the SEC on August 8, 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 - 897,159 shares of Class A Common Stock 2. Judith A. Christian IRA - 3,541 shares of Class A Common Stock 3. Michael L. Dallaire - 897,159 shares of Class A Common Stock 4. Judith A. Christian - 900,700 shares of Class A Common Stock
(b)	Percent of class: 1. Trust - 13.99% 2. Judith A. Christian IRA - 0.05% 3. Michael L. Dallaire - 13.99% 4. Judith A. Christian - 13.99%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1. Trust - 897,159 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 - 897,159 shares of Class A Common Stock 4. Judith A. Christian - 900,700 shares of Class A Common Stock
	(iii) Sole power to dispose or to direct the disposition of: 1. Trust - 897,159 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 - 897,159 shares of Class A Common Stock 4. Judith A. Christian - 900,700 shares of Class A Common Stock
Item 5.	Ownership of 5 Percent or Less of a Class.
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:	08/12/2025

Signature:	/s/ Judith A. Christian
Name/Title:	Judith A. Christian/Co-Trustee
Date:	08/12/2025

Judith A. Christian IRA

Signature:	/s/ Judith A. Christian
Name/Title:	Judith Christian/Account Beneficiary
Date:	08/12/2025

Michael L. Dallaire

Signature:	/s/ Michael L. Dallaire
Name/Title:	Michael L. Dallaire/Individual
Date:	08/12/2025

Judith A. Christian

Signature:	/s/ Judith A. Christian
Name/Title:	Judith Christian/Individual
Date:	08/12/2025

Exhibit Information

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

FAQ

How many SGA shares does the Edward K. Christian Trust report owning?

The Trust reports owning 897,159 Class A shares, equal to 13.99% of the Class A outstanding (based on 6,439,921 shares as of August 4, 2025).

Who are the reporting persons on the Schedule 13G/A for SGA?

The reporting persons are the Edward K. Christian Trust, Judith A. Christian IRA, Michael L. Dallaire, and Judith A. Christian.

Does the filing indicate intent to change or influence control of SGA?

No. The certification states the securities were not acquired and are not held for the purpose of changing or influencing the issuer's control.

What voting and dispositive powers are reported?

Reported powers include sole voting/dispositive power for the Trust over 897,159 shares; shared voting/dispositive power for Michael L. Dallaire over 897,159 shares; and sole holdings of 3,541 shares by Judith A. Christian IRA.

When was the Schedule 13G/A signed by the reporting persons?

Signatures on the filing are dated 08/12/2025.