Welcome to our dedicated page for Townsquare Media SEC filings (Ticker: TSQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Townsquare Media, Inc. filings document a public local media and digital advertising company with operating disclosures centered on quarterly results, segment economics, capital returns, and material-event reporting. Form 8-K filings attach earnings releases that report results for the company’s digital advertising, broadcast advertising, and subscription digital marketing activities, along with guidance, dividend actions, debt commentary, and Regulation FD-related disclosure practices.
Definitive proxy materials cover annual-meeting governance, board matters, executive compensation, pay-versus-performance information, equity awards, and shareholder voting items. The filing record also includes exhibit lists and Inline XBRL cover-page data associated with material-event reports.
Townsquare Media, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 11, 2026. Shareholders elected Class III directors Stephen Kaplan and Bill Wilson to three-year terms expiring at the 2029 annual meeting.
Kaplan received 14,115,299 votes for and 2,175,032 withheld, while Wilson received 16,169,766 votes for and 120,565 withheld, with 3,768,656 broker non-votes for each. Shareholders also ratified BDO USA, P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2026.
On an advisory basis, shareholders approved 2025 compensation for named executive officers by 14,577,117 votes for, 1,675,802 against, and 37,412 abstentions, with 3,768,656 broker non-votes. They also supported holding future advisory votes on executive compensation every three years, and the company adopted this three-year frequency.
Townsquare Media reported Q1 2026 net revenue of $96.8 million, slightly below the prior year’s $98.7 million as Broadcast and Subscription Digital Marketing softened while Digital Advertising grew. Segment profit declined 7.2% to $21.2 million.
The company posted an operating loss of $1.3 million versus $7.1 million of operating income a year earlier, mainly due to an $8.6 million non-cash impairment of FCC licenses. A $15.7 million income tax benefit turned this into net income of $3.0 million, compared with a $1.5 million net loss a year ago.
Digital Advertising revenue rose to $39.3 million, while Broadcast Advertising fell to $38.6 million and Subscription Digital Marketing Solutions to $17.5 million. The company remains highly leveraged with $434.2 million of debt (net of costs) but generated $4.2 million of operating cash flow, ended with $2.2 million of cash, and continued its $0.20 per share quarterly dividend.
Townsquare Media reported mixed Q1 2026 results with a stronger digital mix and reaffirmed outlook. Net revenue was $96.8 million, down 1.9% year over year, while Adjusted EBITDA fell 9.7% to $16.4 million. GAAP net income improved to $3.0 million from a $1.5 million loss, helped by a higher income tax benefit.
Digital continued to reshape the business, generating 59% of total revenue and 63% of Segment Profit, both record shares. Digital Advertising revenue grew 6.8%, but Subscription Digital Marketing Solutions declined 7.9% and Broadcast Advertising fell 6.6%.
The Board approved a $0.20 per share quarterly dividend, implying about a 12% yield at the last closing price. Management reaffirmed 2026 guidance, targeting full-year net revenue of $420–$440 million and Adjusted EBITDA of $87–$93 million, with Q2 2026 net revenue expected at $114–$116 million and Adjusted EBITDA at $24–$25 million.
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.
Townsquare Media, Inc. ownership disclosure: The Capital Management Corporation, filed by Compliance Officer Pamela C. Simms, reports beneficial ownership of 2,494,607 shares of Common stock, representing 14.6% of the class. The filing states sole voting power for 2,486,157 shares and sole dispositive power for 2,494,607 shares.
Townsquare Media, Inc. is holding its 2026 annual stockholder meeting virtually on May 11, 2026. Stockholders will vote on electing two Class III directors, ratifying BDO USA as auditor for 2026, approving executive pay on an advisory basis, and choosing the frequency of future say-on-pay votes.
The proxy details a seven-member, mostly independent board with three key committees and a majority voting policy for uncontested director elections. It also outlines an insider trading and anti-hedging policy, a Dodd-Frank–compliant compensation clawback policy, and director and executive pay programs that mix salary, annual cash bonuses, and performance-based equity.
Townsquare Media EVP Scott Schatz reported open-market sales of Class A Common Stock. On March 20, he sold 21,090 shares at a weighted average price of $5.02 per share, with trades ranging from $5.00 to $5.13. On March 23, he sold 34,836 shares at a weighted average price of $5.25, within a range of $5.25 to $5.29. These sales total 55,926 shares. After the transactions, he holds 68,051 Class A-related interests, including 38,051 shares and 30,000 fully vested options, and 196,846 Class B-related interests, including 21,846 shares and 175,000 fully vested options.
TSQ submitted a Form 144 notice covering 4,836 Class A shares tied to restricted stock vesting on 03/18/2026. The filing also records recent open-market dispositions by Scott A. Schatz: 28,980 shares on 03/19/2026 for $147,088.84 and 21,090 shares on 03/20/2026 for $105,866.11.
TSQ submitted a Form 144 notifying the sale of 30,000 Class A shares (restricted stock vesting) with a trade date listed as 03/18/2026. The filing also discloses recent dispositions of 28,980 and 21,090 Class A shares on 03/19/2026 and 03/20/2026 respectively.
Townsquare Media EVP Scott Schatz reported a compensation grant and a stock sale in the company’s shares. On March 18, he received 84,906 shares of Class A common stock as a stock award that vests immediately. On March 19, he executed an open-market sale of 28,980 Class A shares at a weighted average price of $5.08 per share, with individual trades ranging from $5.00 to $5.26. After these transactions, he directly holds 123,977 Class A shares, which include 93,977 unrestricted shares and 30,000 fully vested options to purchase Class A stock, as well as 196,846 Class B shares, including 21,846 unrestricted Class B shares and 175,000 fully vested Class B options.