Insider sales details
Scott Schatz, who serves as Executive Vice President, Finance Operations and Technology at Townsquare Media (NASDAQ: TSQ), executed insider sales totaling 55,926 shares of Class A Common Stock across two dates in March 2026. The trades were carried out on March 20 and March 23, 2026, and generated approximately $288,760 in proceeds. Transaction prices ranged from $5.00 to $5.29.
On March 20, Schatz sold 21,090 shares at a weighted average price of $5.02. Individual sale prices on that date ranged from $5.00 to $5.13. After the March 20 transaction, Schatz held 102,887 shares directly.
Three days later, on March 23, Schatz sold 34,836 shares at a weighted average price of $5.25, with individual prices on that date between $5.25 and $5.29. Following the March 23 sale, his direct ownership of Class A shares stood at 68,051.
In addition to his Class A holdings, Schatz directly owns 196,846 shares of Class B Common Stock.
Market context and valuation commentary
At the time of reporting, Townsquare Media's stock is trading at $5.58. The share price has declined 8.2% over the last week. According to InvestingPro analysis referenced in the company's reporting, the stock has a calculated Fair Value of $6.25, and the company is cited as offering a 15% dividend yield. Investors seeking expanded coverage and valuation detail are directed to the Pro Research Report, which is available for this equity and more than 1,400 other U.S. stocks on InvestingPro.
Recent financial results
Townsquare Media released its fourth-quarter 2025 results showing an earnings per share loss of $0.32, missing the consensus estimate of $0.13. Revenue for the quarter was reported at $106.5 million, below the expected $111.59 million. Those results mark a quarter in which both earnings and revenues fell short of analyst projections. Despite the misses, the company's shares moved higher in pre-market trading following the announcement.
What this means
The filings document precise insider transactions and current ownership stakes for Schatz, while the company’s quarterly results provide the immediate financial backdrop for those trades. The article presents the transaction amounts, prices, subsequent holdings, and the company’s reported quarterly performance without attributing causation or motive for the sales.