Townsquare EVP buys 943 shares via reinvestment
Townsquare Media, Inc. executive Scott Schatz reported a small open-market-style purchase of company stock.
Rhea-AI Filing Summary
Townsquare Media, Inc. executive Scott Schatz reported a small open-market-style purchase of company stock. He acquired 943 shares of Class A common stock at $6.51 per share in a dividend reinvestment transaction, increasing his direct Class A holdings.
Following this transaction, Schatz directly holds 68,994 Class A shares, including 38,994 unrestricted shares and 30,000 fully vested options to purchase Class A stock. He also directly holds 196,846 Class B shares, including 21,846 unrestricted shares and 175,000 fully vested options to purchase Class B stock, reflecting a substantial ongoing equity position.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 943 shares
Net Buy
2 txns
Insider
Schatz Scott
Role
EVP, Finance Op and Tech
Bought
943 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 943 | $6.51 | $6K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 68,994 shares (Direct);
Class B Common Stock — 196,846 shares (Direct)
Footnotes (3)
- F1. The shares reported herein represent shares acquired in a dividend reinvestment transaction.
- F2. Includes 38,994 shares of Class A common stock that are not subject to vesting or transfer restrictions and 30,000 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
- F3. Includes 21,846 shares of Class B common stock that are not subject to vesting or transfer restrictions and 175,000 options to purchase Class B common stock that are fully vested and not subject to transfer restrictions.
Key Figures
Shares purchased: 943 shares
Purchase price: $6.51 per share
Class A holdings after: 68,994 shares
+5 more
8 metrics
Shares purchased
943 shares
Class A common stock acquired via dividend reinvestment
Purchase price
$6.51 per share
Price for 943 Class A shares
Class A holdings after
68,994 shares
Total direct Class A common stock after transaction
Unrestricted Class A shares
38,994 shares
Class A not subject to vesting or transfer restrictions
Class A options
30,000 options
Fully vested options to purchase Class A common stock
Class B holdings after
196,846 shares
Total direct Class B common stock
Unrestricted Class B shares
21,846 shares
Class B not subject to vesting or transfer restrictions
Class B options
175,000 options
Fully vested options to purchase Class B common stock
Key Terms
dividend reinvestment transaction, options to purchase Class A common stock, options to purchase Class B common stock, vesting or transfer restrictions, +2 more
6 terms
dividend reinvestment transaction financial
"The shares reported herein represent shares acquired in a dividend reinvestment transaction."
A dividend reinvestment transaction is when an investor uses cash dividends paid by a company to automatically buy more of that company's shares instead of taking the money as cash. Like choosing to roll interest back into a savings account, it increases your share count over time and can speed up growth through compounding, so investors care because it changes ownership stake, long‑term returns, and sometimes tax or record‑keeping implications.
options to purchase Class A common stock financial
"30,000 options to purchase Class A common stock that are fully vested"
options to purchase Class B common stock financial
"175,000 options to purchase Class B common stock that are fully vested"
vesting or transfer restrictions financial
"shares of Class A common stock that are not subject to vesting or transfer restrictions"
Class A common stock financial
"Includes 38,994 shares of Class A common stock that are not subject"
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.
Class B common stock financial
"Includes 21,846 shares of Class B common stock that are not subject"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TSQ executive Scott Schatz report?
Scott Schatz reported acquiring 943 shares of Class A common stock of Townsquare Media at $6.51 per share. The filing notes this was completed through a dividend reinvestment transaction, indicating reinvested dividends rather than a separate cash purchase.
What are Scott Schatz’s Class B holdings in Townsquare Media (TSQ)?
The filing shows Scott Schatz directly holds 196,846 Class B shares. This total includes 21,846 unrestricted Class B shares and 175,000 fully vested options to purchase Class B common stock, all of which are not subject to transfer restrictions.
Was the TSQ insider purchase by Scott Schatz a market buy or dividend reinvestment?
The filing describes the 943-share Class A acquisition as occurring in a dividend reinvestment transaction. That means dividends owed on existing holdings were automatically used to buy additional shares at $6.51 per share instead of being taken in cash.
Does Scott Schatz’s TSQ Form 4 show any stock sales?
No stock sales are reported in this Form 4. The summarized activity is a net buy of 943 shares through dividend reinvestment, with no open-market dispositions or derivative exercises disclosed in the transaction summary for this filing.
What options to purchase Townsquare Media (TSQ) stock does Scott Schatz hold?
Footnotes indicate Schatz holds 30,000 fully vested options to purchase Class A common stock and 175,000 fully vested options to purchase Class B common stock. All these options are described as not subject to vesting or transfer restrictions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
