Townsquare Media (TSQ) insiders file to sell 126,744 Class A shares
Rhea-AI Filing Summary
Townsquare Media Inc. (TSQ) filed a notice of proposed sale of 126,744 Class A shares through Fidelity Brokerage Services LLC on the NYSE. The filing lists an aggregate market value of approximately $711,133.39 for these shares and notes 16,916,343 Class A shares outstanding as of August 11, 2026; this is a baseline figure, not the amount being sold.
The shares relate to prior restricted stock vesting events categorized as compensation, including vestings on January 18, 2024 (55,187 shares), April 29, 2024 (38,258 shares), and December 28, 2024 (33,299 shares).
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Key Figures
Proposed shares to be sold: 126,744 shares
Aggregate market value of proposed sale: $711,133.39
Shares outstanding: 16,916,343 shares
+3 more
6 metrics
Proposed shares to be sold
126,744 shares
Class A shares covered by the notice of proposed sale
Aggregate market value of proposed sale
$711,133.39
Approximate market value linked to the 126,744 Class A shares
Shares outstanding
16,916,343 shares
Class A shares outstanding as of August 11, 2026
Restricted stock vesting 01/18/2024
55,187 shares
Compensation-related restricted stock vesting on January 18, 2024
Restricted stock vesting 04/29/2024
38,258 shares
Compensation-related restricted stock vesting on April 29, 2024
Restricted stock vesting 12/28/2024
33,299 shares
Compensation-related restricted stock vesting on December 28, 2024
Key Terms
Form 144, Restricted Stock Vesting, Compensation, Class A
4 terms
Form 144 regulatory
"144: Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Class A | 01/18/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Compensation financial
"55187 | 01/18/2024 | Compensation Class A | 04/29/2024"
Class A financial
"Class A | Fidelity Brokerage Services LLC 900 Salem Street"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Townsquare Media (TSQ) disclose in this Form 144 filing?
Townsquare Media discloses a proposed sale of 126,744 Class A shares with an aggregate market value of about $711,133.39, to be sold through Fidelity Brokerage Services LLC on the NYSE.