May 27, 2026 · Form 4 insider transaction
WORSHEK ROBERT L. bought 280,129 shares of Townsquare Media, Inc. at $6.56 per share, a transaction worth $1.84M. 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 options reported in this row will vest and become exercisable 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 $7.87, $9.18, and $10.50, will result in the vesting of 85,911, 92,592, and 101,626 options, respectively.; Includes 136,494 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.