Trade Summary

4 days ago, Schatz Scott, serving as EVP, Finance Op, Tech at Townsquare Media, Inc. (TSQ), sold 55,926 shares at $5.16 per share, for a total transaction value of $288,761.00. Following this transaction, Schatz Scott now holds 264,897 shares of TSQ.

This sale represents a 17.00% decrease in Schatz Scott's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, March 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 24, 2026, 4 days after the trade was made.

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