January 14, 2026 · Form 4 insider transaction
Wilson Bill bought 473,420 shares of Townsquare Media, Inc. at $5.41 per share, a transaction worth $2.56M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The Reporting Person's performance-based restricted stock units reported in this row will vest subject to the achievement of a specified volume weighted average trading price ("VWAP") over a period of 20 consecutive trading days, in each case subject to the achievement of such VWAP during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date, and the Reporting Person's continued service through each vesting date. Subject to the foregoing conditions, achievement of a VWAP of $6.49, $7.57, and $8.66, will result in the vesting of 115,420, 153,752 and 204,248 of the performance-based restricted stock units, respectively.; Includes: i) 668,428 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 1,353,940 restricted stock units and iii) 1,325,608 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.