Townsquare Media (TSQ) EVP Scott Schatz Receives 1,132 Shares

What Happened
Scott Schatz, Executive Vice President, Finance, Operations & Technology at Townsquare Media (TSQ), received 1,132 shares on August 3, 2026 as an acquisition (transaction code A). The shares were acquired at $5.94 per share, for a total value of $6,724. The filing reports this acquisition resulted from a dividend reinvestment transaction (see footnote F1).

Key Details

• Transaction date and price: Aug 3, 2026 — 1,132 shares at $5.94 each; total $6,724.
• Shares owned after transaction (per filing footnotes): 42,126 Class A shares and 21,846 Class B shares that are not subject to vesting or transfer restrictions.
• Derivatives/Options reported: 30,000 fully vested Class A options and 175,000 fully vested Class B options (not subject to transfer restrictions).
• Notable footnotes: F1 — shares acquired via dividend reinvestment; F2/F3 — detail unrestricted share and vested option counts.
• Filing timeliness: Report period 2026-08-03; Form filed 2026-08-05 — appears to be filed within the standard two-business-day window.

Context
Dividend reinvestment purchases are automatic uses of dividends to buy additional company shares and generally reflect routine compensation or benefit plan activity rather than an active buy/sell decision by an insider. The filing also shows substantial vested option holdings, which are disclosed separately and indicate potential future equity exposure but were not exercised here.