Form 4: Saga Communications Director's Trust Reports Minor Stock Sale

An Edward K. Christian Trust, a 10% owner and director of Saga Communications Inc., reported the sale of 5 shares of Class A Common Stock.

Summary

• Edward K. Christian Trust, identified as a Director and 10% Owner of Saga Communications Inc. (SGA), filed a Statement of Changes in Beneficial Ownership (Form 4).
• The trust reported the disposition of 5 shares of Class A Common Stock.
• The transaction date for the sale was July 9, 2025.
• The shares were sold at a price of $13.5 per share.
• Following this reported transaction, the Edward K. Christian Trust beneficially owns 908,703 shares of Class A Common Stock.
• The Form 4 was signed by Judith Christian, Trustee, on July 11, 2025.

Sentiment

Score: 5

Explanation: The transaction involves a de minimis number of shares, indicating no significant positive or negative sentiment regarding the company's prospects.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sale of 5 shares of Class A Common Stock by Edward K. Christian Trust, which is a related party as it is a 10% owner and director of Saga Communications Inc.

Stakeholder Impact

• Minimal to no impact on shareholders, employees, customers, suppliers, or creditors due to the negligible number of shares involved in the transaction.

Key Dates

Keywords

Saga Communications, SGA, Form 4, Insider Trading, Stock Sale, Beneficial Ownership, Edward K. Christian Trust