Officer/Director Wilson Bill Files to Sell $711K in Townsquare Media Stock
TSQ sits 28% above its 52-week low of $4.3 on elevated volume (4.9× avg).
Summary
Officer and Director Wilson Bill filed a Form 144 to sell $711,133 worth of Townsquare Media shares, extending a pattern of insider selling at the company.
Key Events · Ownership and Investor Activity · TSQ
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Insider Sale Intent
Officer and Director Wilson Bill filed to sell 126,744 shares worth approximately $711,133, continuing a trend of insider selling.
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Financial Impact
The proposed sale represents about 0.72% of the company's market cap, a notable disposition by a key insider.
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Insider Selling Pattern
This filing adds to a series of insider sales over the past 90 days, with net insider selling of $774,654 and no open-market purchases.
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Recent Financial Context
Townsquare Media recently reported a $41.8M Q2 loss and cash of only $1.2M against $440M in debt, intensifying liquidity concerns.
Analysis · TSQ · Technology
Wilson Bill, an officer and director, intends to sell 126,744 shares worth approximately $711,133. This continues a pattern of insider selling at Townsquare Media, with multiple officers having sold shares in recent months. The sale represents a significant disposition by a key insider, adding to the negative signal from the ongoing distribution trend.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1605 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TSQ was trading at $5.51 on NYSE in the Technology sector, with a market capitalization of approximately $98.9M. The 52-week trading range was $4.30 to $7.97. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.