Townsquare Media (TSQ) CEO Bill Wilson sells 148K Class A shares
Rhea-AI Filing Summary
Townsquare Media, Inc. Chief Executive Officer and 10% owner Bill Wilson reported open-market sales of 148,164 shares of Class A common stock. On August 11, 2026 he sold 126,744 shares at a weighted average price of $5.61 per share, in multiple trades between $5.50 and $5.90. On August 12, 2026 he sold 21,420 shares at a weighted average price of $5.54, in trades between $5.50 and $5.70. After these transactions, his holdings include 681,623 unrestricted shares, 971,830 restricted stock units, and 1,325,608 fully vested options to purchase Class A common stock.
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Insights
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Insider Trade Summary
Net Seller: 148,164 shares
Net Sell
2 txns
Insider
Wilson Bill
Role
Chief Executive Officer
Sold
148,164 shs ($830K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3 | 21,420 | $5.54 | $119K |
| Sale | Class A Common Stock F1 | 126,744 | $5.61 | $711K |
Holdings After Transaction:
Class A Common Stock — 2,979,061 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.50 to $5.90. The reporting person undertakes to provide to Townsquare Media, any security holder of Townsqaure Media, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.50 to $5.70. The reporting person undertakes to provide to Townsquare Media, any security holder of Townsqaure Media, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- F3. Includes: i) 681,623 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 971,830 restricted stock units and iii) 1,325,608 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
Key Figures
Total shares sold: 148,164 shares
Shares sold on 2026-08-11: 126,744 shares
Weighted avg price 2026-08-11: $5.61 per share
+5 more
8 metrics
Total shares sold
148,164 shares
Aggregate net shares sold in reported Form 4 transactions
Shares sold on 2026-08-11
126,744 shares
Open-market sale of Class A common stock at weighted average price
Weighted avg price 2026-08-11
$5.61 per share
Multiple transactions at prices ranging from $5.50 to $5.90
Shares sold on 2026-08-12
21,420 shares
Open-market sale of Class A common stock at weighted average price
Weighted avg price 2026-08-12
$5.54 per share
Multiple transactions at prices ranging from $5.50 to $5.70
Unrestricted shares held
681,623 shares
Class A common stock not subject to vesting or transfer restrictions
Restricted stock units held
971,830 RSUs
Restricted stock units reported as held after transactions
Vested options held
1,325,608 options
Options to purchase Class A common stock, fully vested and unrestricted
Key Terms
weighted average price, restricted stock units, fully vested, transfer restrictions, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Includes: i) 681,623 shares of Class A common stock... ii) 971,830 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
fully vested financial
"1,325,608 options to purchase Class A common stock that are fully vested"
transfer restrictions financial
"shares of Class A common stock that are not subject to vesting or 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.
10% owner regulatory
"reporting person is marked as a 10% owner of the issuer"
FAQ
What insider transactions did Townsquare Media (TSQ) disclose in this Form 4?
Townsquare Media reported that CEO and 10% owner Bill Wilson sold 148,164 Class A shares in open-market transactions on August 11–12, 2026, at weighted average prices of $5.61 and $5.54 per share, respectively.
At what prices were the Townsquare Media (TSQ) insider sales executed?
The weighted average sale prices were $5.61 per share on August 11, 2026 and $5.54 on August 12, 2026. The August 11 trades occurred between $5.50–$5.90; the August 12 trades occurred between $5.50–$5.70, across multiple executions.
Were the Townsquare Media (TSQ) insider sales under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmatively adopted, and the footnotes describe pricing details but do not state that these sales were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
