TSQ · Insider Trading

TOWNSQUARE MEDIA, INC.

Every open-market purchase and sale reported by TSQ officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
7
code P
Sales
10
code S
Reporting Insiders
12
current holders
TSQ — Recent Form 4 Transactions (latest 2026-08-12)
FiledInsiderRole TypeSharesValue
2026-08-12 Bill Wilson Chief Executive Officer Sell −148,164 −$829.70K
2026-08-05 Scott Schatz EVP, Finance Op and Tech A +1,132 +$6.72K
2026-07-20 Scott Schatz EVP, Finance Op and Tech A +2,000 +$9.14K
2026-07-20 Robert L. Worshek SVP, Chief Accounting Officer A +1,558 +$7.12K
2026-06-11 Erik Hellum COO Sell −35,000 −$225.40K
2026-05-29 Robert L. Worshek SVP, Chief Accounting Officer MIXED — −$2.06K
2026-05-20 Claire Marie Yenicay EVP, Inv Rel and Corp Comm MIXED — −$1.69K
2026-05-06 Scott Schatz EVP, Finance Op and Tech Buy +943 +$6.14K
2026-03-24 Scott Schatz EVP, Finance Op and Tech Sell −55,926 −$288.76K
2026-03-20 Scott Schatz EVP, Finance Op and Tech MIXED +55,926 +$347.78K
2026-02-20 Erik Hellum COO Sell −20,106 −$132.30K
2026-02-04 Scott Schatz EVP, Finance Op and Tech Buy +980 +$6.48K
2026-01-21 Erik Hellum COO Sell −13,959 −$77.53K
2026-01-16 Gary L Ginsberg Director A +24,030 +$130.00K
2026-01-16 Stephen A Kaplan Director A +24,030 +$130.00K
2026-01-16 Erik Hellum COO A +281,789 +$1.52M
2026-01-16 David Lebow Director A +24,030 +$130.00K
2026-01-16 Gary D Way Director A +24,030 +$130.00K
2026-01-16 Stuart B Rosenstein EVP and CFO A +338,148 +$1.83M
2026-01-16 B James Ford Director A +24,030 +$130.00K
2026-01-16 Bill Wilson Chief Executive Officer A +704,474 +$3.81M
2026-01-12 Scott Schatz EVP, Finance Op and Tech A +2,000 +$9.26K
2026-01-12 Stuart B Rosenstein EVP and CFO A +2,000 +$9.26K
2026-01-12 Robert L. Worshek SVP, Chief Accounting Officer A +2,000 +$9.26K
2025-12-31 Erik Hellum COO Sell −5,693 −$28.81K
2025-11-06 Scott Schatz EVP, Finance Op and Tech Buy +855 +$5.39K
2025-08-26 Stephen A Kaplan Director Buy +10,000 +$69.20K
2025-08-13 Stephen A Kaplan Director Buy +46,509 +$314.87K
2025-08-05 Scott Schatz EVP, Finance Op and Tech Buy +743 +$5.24K
2025-07-07 Robert L. Worshek SVP, Chief Accounting Officer A +2,000 +$14.24K
2025-07-07 Scott Schatz EVP, Finance Op and Tech A +2,000 +$14.24K
2025-07-07 Stuart B Rosenstein EVP and CFO A +2,000 +$14.24K
2025-07-07 Erik Hellum COO A +2,000 +$14.24K
2025-06-25 Erik Hellum COO Sell −10,000 −$70.90K
2025-06-09 Erik Hellum COO Sell −7,695 −$54.23K
2025-06-05 Erik Hellum COO Sell −17,305 −$121.14K
2025-05-02 Scott Schatz EVP, Finance Op and Tech Buy +788 +$5.18K
2025-04-22 Robert L. Worshek SVP, Chief Accounting Officer A +298,101 deriv. —
2025-04-03 Robert L. Worshek SVP, Chief Accounting Officer MIXED +2,228 −$8.23K
2025-03-27 Claire Marie Yenicay EVP, Inv Rel and Corp Comm MIXED — −$89
2025-03-27 Scott Schatz EVP, Finance Op and Tech MIXED — −$533
2025-03-24 Robert L. Worshek SVP, Chief Accounting Officer Sell −16,721 −$131.93K
2025-03-18 Robert L. Worshek SVP, Chief Accounting Officer MIXED +16,721 −$65.26K
2025-02-04 Scott Schatz EVP, Finance Op and Tech A +503 +$4.54K
2025-01-17 Erik Hellum COO A +126,402 +$6.80K
2025-01-17 Scott Schatz EVP, Finance Op and Tech A +831 +$6.80K
2025-01-17 Bill Wilson Chief Executive Officer A +313,927 —
2025-01-17 Stuart B Rosenstein EVP and CFO A +151,516 +$6.80K
2025-01-08 Gary D Way Director A +14,301 +$130.00K
2025-01-08 Gary L Ginsberg Director A +14,301 +$130.00K
TSQ — Current Insider Holders
InsiderRole Shares HeldValue
Stephen A Kaplan Director 12,584,736 $22.02M
B James Ford Director 12,455,878 $21.80M
Bill Wilson Chief Executive Officer 2,979,226 $5.21M
Marc R Lisker 10%+ Owner 1,470,067 $2.57M
Erik Hellum COO 914,542 $1.60M
Stuart B Rosenstein EVP and CFO 467,213 $817.62K
Claire Marie Yenicay EVP, Inv Rel and Corp Comm 258,380 $452.17K
Scott Schatz EVP, Finance Op and Tech 196,846 $344.48K
Robert L. Worshek SVP, Chief Accounting Officer 144,280 $252.49K
Gary L Ginsberg Director 129,938 $227.39K
David Lebow Director 129,920 $227.36K
Gary D Way Director 50,712 $88.75K
TSQ Insider Trading FAQ
Who are the insiders at TSQ?
12 officers, directors and 10%+ beneficial owners currently report holdings in TSQ via SEC Form 4.
Are TSQ insiders buying or selling?
Across the 50 most recent Form 4 filings for TSQ, 7 were open-market purchases (code P) and 10 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is TSQ insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent TSQ filing is dated 2026-08-12.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the TSQ quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.