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Townsquare Media (NYSE: TSQ) EVP gains 1,132 shares in dividend reinvestment

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Townsquare Media, Inc. executive vice president of Finance, Operations and Technology Scott Schatz acquired 1,132 shares of Class A common stock on August 3, 2026 through a dividend reinvestment transaction at $5.94 per share. Following this, he directly holds 72,126 Class A shares, including 42,126 unrestricted shares and 30,000 fully vested options, and 196,846 Class B shares, including 21,846 unrestricted shares and 175,000 fully vested options.

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Insider Schatz Scott
Role EVP, Finance Op and Tech
Type Security Shares Price Value
Grant/Award Class A Common Stock F1, F2 1,132 $5.94 $7K
holding Class B Common Stock F3 -- -- --
Holdings After Transaction: Class A Common Stock — 72,126 shares (Direct); Class B Common Stock — 196,846 shares (Direct)
Footnotes (3)
  1. F1. The shares reported herein represent shares acquired in a dividend reinvestment transaction.
  2. F2. Includes 42,126 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.
  3. 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.
Class A shares acquired 1,132 shares Dividend reinvestment transaction on August 3, 2026
Acquisition price $5.94 per share Price for 1,132 Class A shares acquired via dividend reinvestment
Class A shares held after 72,126 shares Direct Class A holdings following August 3, 2026 transaction
Unrestricted Class A shares 42,126 shares Portion of Class A holdings not subject to vesting or transfer restrictions
Class A options 30,000 options Fully vested options to purchase Class A common stock, no transfer restrictions
Class B shares held 196,846 shares Direct Class B holdings as reported in the Form 4
Unrestricted Class B shares 21,846 shares Class B shares not subject to vesting or transfer restrictions
Class B options 175,000 options Fully vested options to purchase Class B common stock, no transfer restrictions
dividend reinvestment transaction financial
"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.
Class A Common Stock financial
"security_title: Class A Common Stock"
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
"security_title: Class B Common Stock"
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.
fully vested financial
"options to purchase ... that are fully vested"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Townsquare Media (TSQ) report for Scott Schatz?

Scott Schatz, EVP of Finance, Operations and Technology at Townsquare Media, acquired 1,132 Class A shares on August 3, 2026 via a dividend reinvestment transaction at $5.94 per share, as reported in a Form 4 insider filing.

How many Townsquare Media (TSQ) Class A shares does Scott Schatz now hold?

After the reported transaction, Scott Schatz directly holds 72,126 Class A shares of Townsquare Media. This total includes 42,126 unrestricted shares and 30,000 fully vested options to purchase additional Class A common stock, all not subject to transfer restrictions.

What was the nature of Scott Schatz's August 3, 2026 TSQ share acquisition?

On August 3, 2026, Scott Schatz acquired 1,132 Class A shares of Townsquare Media through a dividend reinvestment transaction. The shares were credited at a price of $5.94 per share, classified as a grant, award, or other acquisition rather than an open-market purchase.

What Townsquare Media (TSQ) Class B holdings and options does Scott Schatz report?

Scott Schatz reports direct holdings of 196,846 Class B shares of Townsquare Media. This position includes 21,846 unrestricted shares and 175,000 fully vested options to purchase Class B common stock, all of which are described as not subject to transfer restrictions.

Was Scott Schatz's Townsquare Media (TSQ) transaction under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox as not selected, and there is no footnote stating that the August 3, 2026 dividend reinvestment transaction occurred under a pre-arranged trading plan, based on the information provided.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schatz Scott

(Last)(First)(Middle)
C/O TOWNSQUARE MEDIA, INC.
4 MANHATTANVILLE ROAD SUITE 107

(Street)
PURCHASE NEW YORK 10577

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Townsquare Media, Inc. [ TSQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Finance Op and Tech
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/03/2026A(1)1,132A$5.9472,126(2)D
Class B Common Stock196,846(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares reported herein represent shares acquired in a dividend reinvestment transaction.
2. Includes 42,126 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.
3. 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.
Remarks:
/s/ Scott Schatz08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)