March 1, 2024 · Form 4 insider transaction
Madison Square Garden Entertainment Corp. bought 1,125,000 shares of Townsquare Media, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 4 days after the transaction.
On March 1, 2024, MSG National Properties, LLC an indirect subsidiary of Madison Square Garden Entertainment Corp. and the direct holder of Class C Common Stock, par value $0.01 per share ("Class C Common Stock"), of Townsquare Media, Inc. (the "Issuer"), converted 1,125,000 shares of Class C Common Stock to Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Issuer.