TSQ - Townsquare Media, Inc.

Insider Purchase by Kaplan Stephen A (Dir)

1 Year
After Trade
Before Trade

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Trade Summary

6 months ago, Kaplan Stephen A, serving as Dir at Townsquare Media, Inc. (TSQ), purchased 46,509 shares at $6.77 per share, for a total transaction value of $314,866.00. Following this transaction, Kaplan Stephen A now holds 198,618 shares of TSQ.

This purchase represents a 31.00% increase in Kaplan Stephen A's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, August 11, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, August 13, 2025, 2 days after the trade was made.

Townsquare Media, Inc. operates in the COMMUNICATION SERVICES sector, specifically within the ADVERTISING AGENCIES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Kaplan Stephen A

Dir

Stephen A. Kaplan is an independent director on the board of Townsquare Media, Inc. (NYSE: TSQ), serving since 2010 and currently chairing the Nominating and Corporate Governance Committee.[[1]](https://fintool.com/app/research/companies/TSQ/people/stephen-kaplan) Aged 66, he is recognized for his expertise in special situations investing, distressed credit, and complex capital structures, with extensive public company board experience in media, shipping, and healthcare sectors.[[1]](https://fintool.com/app/research/companies/TSQ/people/stephen-kaplan) Kaplan's career highlights include leading Oaktree Capital Management’s Special Situations Group as Principal from 1995 to 2017, followed by roles as Advisory Partner (2017–2019) and Chairman of Nalpak Capital since 2017.[[1]](https://fintool.com/app/research/companies/TSQ/people/stephen-kaplan) Earlier, he was Managing Director and Portfolio Manager at TCW’s Special Credits Group (1993–1995) and a partner at Gibson, Dunn & Crutcher.[[1]](https://fintool.com/app/research/companies/TSQ/people/stephen-kaplan)[[4]](https://www.dcunited.com/club/bio/kaplan) He holds a B.S. in political science from SUNY Stony Brook and a J.D. from NYU School of Law.[[1]](https://fintool.com/app/research/companies/TSQ/people/stephen-kaplan) Kaplan has demonstrated confidence in TSQ through multiple stock purchases, including 50,000 shares for $520,500 on September 20, 2024, and others in prior years, increasing his ownership significantly.[[2]](https://www.investing.com/news/stock-market-news/townsquare-media-director-buys-5205k-in-company-stock-93CH-3630880)[[3]](https://www.ainvest.com/news/townsquare-media-director-stephen-kaplan-buys-10-000-shares-6-92-share-2508/)[[5]](https://www.tradingview.com/news/tradingview:2529f0aecb1d1:0-townsquare-media-director-stephen-a-kaplan-acquires-46-509-shares/)

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Trade Price

$6.77

Quantity

46,509

Total Value

$314,866.00

Shares Owned

198,618

Trade Date

Monday, August 11, 2025

195 days ago

SEC Filing Date

Wednesday, August 13, 2025

Filed 2 days after trade

COMMUNICATION SERVICESADVERTISING AGENCIES

About Townsquare Media, Inc.

Company Overview

No company information available
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