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.
The SEC filings page for Townsquare Media, Inc. (NYSE: TSQ) brings together the company’s official regulatory disclosures, including Current Reports on Form 8-K and other key documents filed with the U.S. Securities and Exchange Commission. These filings provide structured detail on Townsquare’s financial results, segment performance, capital structure, and material events.
Townsquare uses Form 8-K to announce quarterly operating results, attaching earnings press releases as exhibits. In these filings, the company discusses net revenue, net income or loss, Adjusted EBITDA, Adjusted Net Income, and segment results for its Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising businesses. The 8-Ks also describe non-GAAP financial measures and note that certain information is furnished rather than filed for purposes of the Exchange Act.
Filings may outline credit agreements, term loan facilities, and debt redemptions, as well as information on outstanding indebtedness and leverage metrics referenced in the company’s public communications. Townsquare’s disclosures also address its capital structure, including multiple classes of common stock and their voting rights, and describe the conditions under which shares can convert into Class A common stock, subject to Federal Communications Commission rules.
Through Stock Titan, users can access these TSQ filings with AI-powered summaries that highlight the main points of lengthy documents. Real-time updates from EDGAR ensure that new 8-Ks, 10-Qs, and 10-Ks appear as they are filed, while AI-generated overviews help explain complex sections, such as segment reporting, non-GAAP reconciliations, and capital structure details. Investors can also review filings related to executive and board decisions, dividend declarations, and other material corporate events disclosed by Townsquare.
Townsquare Media, Inc. director Stephen A. Kaplan reported an equity award of Class A common stock. On 01/14/2026 he received a grant of 24,030 shares of restricted stock at a stated price of $5.41 per share in respect of his services on the company’s Board of Directors. The award is scheduled to vest in full on the first anniversary of the grant, meaning all 24,030 shares are expected to vest at once if conditions are met. Following this grant, Kaplan beneficially owned 232,648 Class A shares, including 208,618 shares that are not subject to vesting or transfer restrictions.
Townsquare Media director Gary Ginsberg reported an equity award of Class A common stock. On January 14, 2026, he received 24,030 shares of restricted Class A common stock at a reference price of $5.41 per share for his service on the company’s board of directors. This restricted stock award vests in full on the first anniversary of the grant.
Following this grant, Ginsberg beneficially owns 129,938 shares of Class A common stock, including 95,908 shares that are fully unrestricted and 10,000 stock options that are fully vested and not subject to transfer restrictions. All reported holdings are listed as directly owned.
Townsquare Media director B. James Ford received a grant of 24,030 shares of Class A common stock on January 14, 2026. This award was granted as restricted stock for his service on the company’s Board of Directors. The restricted shares are scheduled to vest in full on the first anniversary of the grant, meaning all 24,030 shares vest at the same time rather than gradually.
After this grant, Ford beneficially owns 103,790 shares of Townsquare Media Class A common stock in total. That amount includes 79,760 shares that are already fully vested and not subject to vesting or transfer restrictions, with the balance tied to this new restricted stock award.
A person associated with TSQ has filed a Form 144 notice to sell 7,437 Class A shares through Fidelity Brokerage Services on the NYSE, with an approximate aggregate market value of $41,163.80. The issuer reports 15,145,320 Class A shares outstanding, providing context for the size of this planned sale.
The shares to be sold were acquired on 01/15/2026 through restricted stock vesting from the issuer as compensation. The filing also notes that Erik Hellum sold 5,693 Class A shares on 12/29/2025 for gross proceeds of $28,813.41. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer.
Townsquare Media, Inc. executive Robert L. Worshek, the company’s SVP and Chief Accounting Officer, reported acquiring additional Class A common stock. On January 8, 2026, he obtained 2,000 shares of Class A common stock at $4.63 per share under the company’s 2021 Employee Stock Purchase Plan.
After this transaction, Worshek beneficially owns 58,924 Class A-related securities directly, including 6,228 shares of Class A common stock that are unrestricted and 52,696 fully vested options to purchase Class A common stock that are not subject to transfer restrictions.
Townsquare Media, Inc. executive Scott Schatz, EVP of Finance, Operations and Technology, reported acquiring additional shares of the company’s Class A common stock. On 01/08/2026, he acquired 2,000 Class A shares at $4.63 per share under the company’s 2021 Employee Stock Purchase Plan. Following this purchase, he beneficially owns 57,071 Class A shares, which include 37,071 shares without vesting or transfer restrictions and 20,000 fully vested options to purchase Class A shares. He also holds 196,846 Class B shares, consisting of 21,846 unrestricted Class B shares and 175,000 fully vested options to purchase Class B shares, all reported as directly owned.
Townsquare Media EVP and CFO Stuart B. Rosenstein acquired 2,000 shares of Class A common stock of Townsquare Media, Inc. on 01/08/2026 under the company’s 2021 Employee Stock Purchase Plan at a price of $4.63 per share. Following this purchase, he beneficially owns 670,125 shares of Class A common stock, which include 121,721 unrestricted shares, 208,079 restricted stock units, and 340,325 fully vested stock options. He also beneficially owns 467,213 shares of Class B common stock, consisting of 117,213 unrestricted shares and 350,000 fully vested stock options.
Townsquare Media, Inc. reported an insider equity transaction by its Chief Operating Officer. On 12/29/2025, the COO sold 5,693 shares of Class A common stock at $5.061 per share. The filing explains that these shares were sold to cover tax withholding requirements following the vesting of restricted stock units, meaning the transaction was tied to equity compensation rather than an open-market discretionary sale.
After this transaction, the COO beneficially owned a total of 754,798 Class A-related interests, consisting of 110,477 shares of Class A common stock without vesting or transfer restrictions, 242,127 restricted stock units, and 402,194 fully vested stock options to purchase Class A common stock that are not subject to transfer restrictions. All reported holdings are listed as directly owned.
TSQ filed a notice that a holder plans to sell Class A shares. The filing covers the proposed sale of 5,693 Class A shares through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $28,813.41. These shares were acquired on 12/26/2025 through restricted stock vesting as compensation from the issuer and became available to sell on that date. The notice also reports that 15,145,320 Class A shares were outstanding at the time of the filing.
Townsquare Media (TSQ) reported a softer quarter. Q3 2025 net revenue was $106,759 thousand, down from $115,311 thousand a year ago, with operating income of $5,936 thousand versus $15,097 thousand. The company posted a net loss of $5,498 thousand (basic and diluted EPS of $0.36 loss), compared to net income of $11,336 thousand last year, as higher interest expense ($12,606 thousand vs. $9,175 thousand) and a $3,000 thousand goodwill impairment in the National Digital unit weighed on results.
Year to date, revenue was $320,882 thousand versus $333,169 thousand, and net loss was $5,000 thousand versus a $35,969 thousand loss last year. Cash and cash equivalents were $3,211 thousand at September 30, 2025. The company refinanced its capital structure on February 19, 2025, issuing a five-year $470,000 thousand Term Loan and a $20,000 thousand Revolving Credit Facility, using proceeds to redeem its 2026 Notes; the Term Loan rate was 9.20% at quarter end. The effective tax rate reflected the impact of the One Big Beautiful Bill Act of 2025, increasing deductible interest. As of November 5, 2025, outstanding common shares totaled 16,460,616 across Classes A, B and C.