Townsquare Media CAO acquires 1,558 shares
Townsquare Media, Inc. reported that SVP and Chief Accounting Officer Robert L. Worshek acquired 1,558 shares of Class A Common Stock on 2026-07-16 at $4.5700 per share through the company’s 2021 Employee Stock Purchase Plan.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Townsquare Media, Inc. reported that SVP and Chief Accounting Officer Robert L. Worshek acquired 1,558 shares of Class A Common Stock on 2026-07-16 at $4.5700 per share through the company’s 2021 Employee Stock Purchase Plan. After this transaction, his holdings total 7,786 unrestricted shares and 136,494 fully vested stock options, or 144,280 equity interests in aggregate.
Insider Trade Summary
Grant/Award: 1,558 shares
Grant/Award
1 txn
Insider
WORSHEK ROBERT L.
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2 | 1,558 | $4.57 | $7K |
Holdings After Transaction:
Class A Common Stock — 144,280 shares (Direct)
Holdings Before and After:
Class A Common Stock, 142,722 to 144,280 shares (Direct)
Footnotes (2)
- F1. The shares reported herein represent shares acquired under the terms of the Company's 2021 Employee Stock Purchase Plan.
- F2. Includes: i) 7,786 shares of Class A common stock that are not subject to vesting or transfer restrictions and ii) 136,494 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
Key Figures
Shares acquired: 1,558 shares
Acquisition price: $4.5700 per share
Total equity interests after transaction: 144,280.0000
+3 more
6 metrics
Shares acquired
1,558 shares
Class A Common Stock acquired on 2026-07-16
Acquisition price
$4.5700 per share
Price for ESPP acquisition of 1,558 shares
Total equity interests after transaction
144,280.0000
Combined shares and fully vested options held directly after acquisition
Unrestricted shares held
7,786 shares
Class A common stock not subject to vesting or transfer restrictions
Fully vested options held
136,494 options
Options to purchase Class A common stock, fully vested and unrestricted
Transaction date
2026-07-16
Date of ESPP share acquisition by Robert L. Worshek
Key Terms
Employee Stock Purchase Plan, Class A common stock, fully vested, transfer restrictions
4 terms
Employee Stock Purchase Plan financial
"shares acquired under the terms of the Company's 2021 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Class A common stock financial
"7,786 shares of Class A common stock that are not subject to vesting"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
fully vested financial
"136,494 options to purchase Class A common stock that are fully vested"
transfer restrictions financial
"fully vested and not subject to transfer restrictions"
Transfer restrictions are legal or contractual limits that prevent or delay selling, gifting, or otherwise moving ownership of a security. Think of them like a temporary lock on a share that can be imposed by law, a contract, or a registrar: they matter to investors because they reduce liquidity, can delay when holders can realize cash, and often affect a security’s market value and attractiveness to buyers.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Townsquare Media (TSQ) disclose for Robert L. Worshek?
Townsquare Media disclosed that SVP and Chief Accounting Officer Robert L. Worshek acquired 1,558 shares of Class A Common Stock on 2026-07-16. The acquisition was reported as a grant or award-type transaction rather than an open-market purchase.
What are Robert L. Worshek’s total Townsquare Media (TSQ) holdings after this transaction?
Following the transaction, Robert L. Worshek’s reported holdings total 144,280 equity interests, consisting of 7,786 shares of Class A common stock and 136,494 fully vested stock options. These holdings are reported as directly owned by him.
Are Robert L. Worshek’s Townsquare Media (TSQ) holdings subject to vesting or transfer restrictions?
A footnote states that 7,786 shares of Class A common stock are not subject to vesting or transfer restrictions and 136,494 options are fully vested and not subject to transfer restrictions. This description applies to his post-transaction holdings.
Was Worshek’s Townsquare Media (TSQ) transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox as not selected, so this acquisition was not reported as made pursuant to a Rule 10b5-1 trading plan. Instead, it is tied to the 2021 Employee Stock Purchase Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
