Yenicay Claire Marie 4

What Happened

• Claire Marie Yenicay, EVP, Investor Relations & Corporate Communications at Townsquare Media (TSQ), was granted 53,151 shares on 2026-05-18 (valued at $6.03 each, $320,501). The award vested immediately (footnote F1).
• The same 53,151 shares were sold in three open‑market transactions: 17,717 shares on 2026-05-18, 15,718 shares on 2026-05-19, and 19,716 shares on 2026-05-20, producing total proceeds of $322,195. Sales were reported as weighted-average prices in the filing.

Key Details

• Transaction dates & prices:
  • 2026-05-18: Award 53,151 shares @ $6.03 (value $320,501).
  • 2026-05-18: Sale 17,717 shares @ weighted avg $6.05 (proceeds $107,188) — prices ranged $6.03–$6.15 (F2).
  • 2026-05-19: Sale 15,718 shares @ weighted avg $6.04 (proceeds $94,937) — prices ranged $6.03–$6.10 (F3).
  • 2026-05-20: Sale 19,716 shares @ weighted avg $6.09 (proceeds $120,070) — prices ranged $6.03–$6.26 (F4).
• Total shares granted and sold: 53,151 (award) and 53,151 (sold); total proceeds from sales ≈ $322,195.
• Shares owned after transaction: filing does not state a full post-transaction total; footnote F5 notes holdings include 17,946 unrestricted Class A shares and 205,000 fully vested options.
• Filing timeliness: Transactions occurred 5/18–5/20 and the Form 4 was filed 2026-05-20 (no indication of a late filing).
• Footnotes: F1 confirms immediate vesting; F2–F4 explain reported prices are weighted averages and that a breakdown by trade price can be provided on request.

Context

• This filing shows an immediate-vesting award that was sold in multiple open‑market transactions. Sales of newly vested awards are common and do not, by themselves, indicate insider sentiment. The filing discloses weighted-average sale prices; the reporter will provide per-trade pricing if requested by the SEC staff or shareholders.