Form 4: Townsquare Media Executive Claire Yenicay Sells 500 Shares of Class A Common Stock
SEC Form 4 Filing
Claire Yenicay, EVP of Investor Relations and Corporate Communications at Townsquare Media, sold 500 shares of Class A common stock at an average price of $9.85 on December 18, 2024.
Summary
- On December 18, 2024, Claire Marie Yenicay, the EVP of Investor Relations and Corporate Communications at Townsquare Media, Inc. (TSQ), sold 500 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $9.85, with individual transactions ranging from $9.85 to $9.86.
- Following the transaction, Yenicay directly owns 212,393 shares of Class A Common Stock, which includes 34,156 unrestricted shares and 178,237 fully vested options.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale of a small number of shares is unlikely to significantly impact investor sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of 500 shares by an executive is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 12/18/2024 | Date of the transaction: Claire Yenicay sold 500 shares of Class A Common Stock. |
| 12/20/2024 | Date of signature on the SEC Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.