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. COO Erik Hellum reported two stock sales in January 2026. On January 16, he sold 7,437 shares of Class A common stock at $5.54 per share, and on January 20 he sold 6,522 shares at $5.57 per share. The filing explains that these shares were sold to cover tax withholding requirements following the vesting of restricted stock units, which is a common administrative transaction.
After these sales, Hellum beneficially owned 969,648 shares of Class A common stock. This total includes 132,553 shares that are not subject to vesting or transfer restrictions, 434,901 restricted stock units, and 402,194 fully vested stock options that are not subject to transfer restrictions. The filing also notes that 52,980 performance-based restricted stock units were cancelled on January 18, 2026.
An insider associated with TSQ has filed a Form 144 indicating an intention to sell 6,522 Class A shares through Fidelity Brokerage Services LLC on the NYSE. The filing lists an aggregate market value of $36,324.28 for this proposed sale, with 15,145,320 Class A shares outstanding. The shares to be sold were acquired on 01/16/2026 through restricted stock vesting from the issuer as compensation.
Over the prior three months, the same seller, Erik Hellum, reported selling 5,693 Class A shares for $28,813.41 on 12/29/2025 and 7,437 Class A shares for $41,163.80 on 01/16/2026. By signing the notice, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
Townsquare Media reported an equity award for its COO, Erik Hellum. On 01/14/2026 he acquired 92,421 Class A common units at $5.41 per unit and a further 189,368 Class A common units at $5.41. These units are structured as restricted stock units, with some vesting over three years based on continued service and others vesting only if the stock reaches specified volume-weighted average price targets. After these awards, Hellum beneficially owned 1,036,587 Class A common units.
Townsquare Media, Inc. executive Stuart B. Rosenstein, the EVP and CFO, reported new equity awards in the company’s stock-based units. On January 14, 2026, he was granted 110,906 time-based Class A Common Units at $5.41 per unit and 227,242 performance-based Class A Common Units at $5.41 per unit. The time-based units vest in three annual installments of 33.33%, 33.33% and 33.34% following the grant date, subject to continued service.
The performance-based units vest only if a volume weighted average trading price, or VWAP, is achieved over 20 consecutive trading days between the grant date and the third anniversary. VWAP hurdles of $6.49, $7.57 and $8.66 correspond to vesting of 55,402, 73,801 and 98,039 units, respectively, subject to continued service. Following these awards, Rosenstein beneficially owned 1,008,273 Class A Common Units directly and 467,213 shares of Class B common stock, including previously held shares, restricted stock units and vested options.
Townsquare Media, Inc. CEO Bill Wilson, who also serves as a director, reported awards of Class A common units on January 14, 2026. He acquired 231,054 Class A common units as time-based restricted stock units that vest 33.33% on the first anniversary of the grant date, 33.33% on the second, and 33.34% on the third, subject to his continued service.
He also acquired 473,420 performance-based restricted stock units, which vest only if the company’s volume weighted average trading price reaches $6.49, $7.57, and $8.66 for 20 consecutive trading days within three years of the grant date and he remains in service. After these grants, he beneficially owns 3,347,976 Class A common units, including 668,428 shares of Class A common stock, 1,353,940 restricted stock units, and 1,325,608 fully vested stock options.
Townsquare Media director Gary D. Way received a new stock grant for his board service. On 01/14/2026 he was awarded 24,030 shares of Class A common stock as restricted stock, valued at $5.41 per share on the grant date. The award vests in full on the first anniversary of the grant, meaning all of these shares are scheduled to become fully owned at that time if vesting conditions are met.
After this grant, Way beneficially owned a total of 50,712 Class A shares in direct ownership. This total includes 26,682 Class A shares that are already fully vested and not subject to vesting or transfer restrictions.
Townsquare Media director David Lebow received a grant of 24,030 shares of Class A common stock on January 14, 2026 at $5.41 per share. The shares are restricted stock awarded for his service on the company’s board of directors and will vest in full on the first anniversary of the grant.
After this award, he beneficially owns 129,920 shares of Class A common stock. This total includes 95,890 Class A shares that are fully vested and freely transferable, as well as 10,000 stock options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
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.