Form 4: Saga Communications Officer Sells Shares for Tax

Saga Communications SVP and Chief Accounting Officer Catherine A. Bobinski disposed of 2,088 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock vesting.

Summary

• Catherine A. Bobinski, SVP and Chief Accounting Officer of Saga Communications Inc. (SGA), reported a transaction on December 15, 2025.
• She disposed of 2,088 shares of Class A Common Stock at a price of $11.44 per share.
• This disposition was made to satisfy tax withholding obligations associated with the vesting of restricted stock.
• Following this transaction, Bobinski directly owns 37,135 shares of Class A Common Stock and indirectly owns 1,389 shares in a 401(k) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment towards the company's performance or outlook.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine tax-related disposition of a small number of shares by an executive.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

Saga Communications, SGA, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Catherine A. Bobinski, Officer Transaction