TSQTownsquare Media, Inc.Communication Services · Broadcastingas of 2026-09-16
Horizon

Issued 2026-09-16 at $5.11 · now $5.16 (2026-09-17, +1.0% since)

Based on its own history, a month from the 2026-09-16 close, TSQ has typically landed between $4.28 and $6.07 — a range of −16.3% to +18.8% from the issuance price $5.11.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

3,034 overlapping 1 month windows · 2014-07-24 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($5.11) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where TSQ has typically landed a month from the 2026-09-16 close of $5.11 — the range is history, not a prediction.

$4.28worst · -16.3%$6.07best · +18.8%
  • now $5.16 (+1.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $5.04 (-1.3%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $4.68–$5.41
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $4.28–$6.07
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 3,035 windows spanning 2014-07-24 to 2026-09-17. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-18−63.0%−63.0%+0.0%
2020-02-19−61.6%−61.8%+0.6%
2020-02-13−60.9%−60.9%+0.6%
3 best
2020-11-05+57.1%+0.0%+57.1%
2020-11-04+55.6%+0.0%+55.6%
2020-12-31+52.7%−0.8%+52.7%

3,035 overlapping windows · 2014-07-24 – 2026-09-17 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~13 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
50%
+8.6%
n=12
Feb
42%
−0.6%
n=12
Mar
58%
−1.1%
n=12
Apr
50%
+1.9%
n=12
May
33%
−3.7%
n=12
Jun
50%
+1.8%
n=12
Jul
42%
−0.9%
n=12
Aug
62%
+2.9%
n=13
Sep
38%
−3.8%
n=13
Oct
42%
−0.7%
n=12
Nov
50%
+2.8%
n=12
Dec
58%
+1.7%
n=12

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$7$42026-08-12: 1 insider sale, $119K — Wilson Bill2026-08-11: 1 insider sale, $711K — Wilson Bill2026-06-09: 1 insider sale, $225K — Hellum Erik2026-05-28: 1 insider sale, $227K — WORSHEK ROBERT L.2026-05-20: 1 insider sale, $120K — Yenicay Claire Marie2026-05-19: 1 insider sale, $95K — Yenicay Claire Marie2026-05-18: 1 insider sale, $107K — Yenicay Claire Marie2026-05-04: 1 insider purchase, $6K — Schatz Scott2026-03-23: 1 insider sale, $183K — Schatz Scott2026-03-20: 1 insider sale, $106K — Schatz Scott2026-03-19: 1 insider sale, $147K — Schatz Scott2026-02-18: 1 insider sale, $132K — Hellum Erik2026-02-02: 1 insider purchase, $6K — Schatz Scott2026-01-20: 1 insider sale, $36K — Hellum Erik2026-01-16: 1 insider sale, $41K — Hellum Erik2025-12-29: 1 insider sale, $29K — Hellum Erik2025-11-03: 1 insider purchase, $5K — Schatz Scott2025-08-22: 1 insider purchase, $69K — KAPLAN STEPHEN A2025-08: 3 open-market purchases, $389K2025-11: 1 open-market purchase, $5K2025-12: 1 open-market sale, $29K2026-01: 2 open-market sales, $78K2026-02: 1 open-market purchase, $6K2026-02: 1 open-market sale, $132K2026-03: 3 open-market sales, $436K2026-05: 1 open-market purchase, $6K2026-05: 4 open-market sales, $549K2026-06: 1 open-market sale, $225K2026-08: 2 open-market sales, $830K↑ buys↓ salesdirector Wilson Bill — Sale on 2026-08-12, filed same daydirector Wilson Bill — Sale on 2026-08-11, filed 1 day after the tradeofficer Hellum Erik — Sale on 2026-06-09, filed 2 days after the tradeofficer WORSHEK ROBERT L. — Sale on 2026-05-28, filed 1 day after the tradeofficer Yenicay Claire Marie — Sale on 2026-05-20, filed same dayofficer Yenicay Claire Marie — Sale on 2026-05-19, filed 1 day after the tradeofficer Yenicay Claire Marie — Sale on 2026-05-18, filed 2 days after the tradeofficer Schatz Scott — Purchase on 2026-05-04, filed 2 days after the tradeofficer Schatz Scott — Sale on 2026-03-23, filed 1 day after the tradeofficer Schatz Scott — Sale on 2026-03-20, filed 4 days after the tradeofficer Schatz Scott — Sale on 2026-03-19, filed 1 day after the tradeofficer Hellum Erik — Sale on 2026-02-18, filed 2 days after the tradeofficer Schatz Scott — Purchase on 2026-02-02, filed 2 days after the tradeofficer Hellum Erik — Sale on 2026-01-20, filed 1 day after the tradeofficer Hellum Erik — Sale on 2026-01-16, filed 5 days after the tradeofficer Hellum Erik — Sale on 2025-12-29, filed 2 days after the tradeofficer Schatz Scott — Purchase on 2025-11-03, filed 3 days after the tradedirector KAPLAN STEPHEN A — Purchase on 2025-08-22, filed 4 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-08-12Wilson BilldirectorSale21,420 @ $5.54$119K−0.7% of holding−6.7%not yet — horizon still open2,979,061Form 4 · filed same day
2026-08-11Wilson BilldirectorSale126,744 @ $5.61$711K−4.1% of holding−2.9%not yet — horizon still open3,000,481Form 4 · filed 1 day after the trade
2026-06-09Hellum ErikofficerSale35,000 @ $6.44$225K−3.7% of holding+1.1%not yet — horizon still open914,542Form 4 · filed 2 days after the trade
2026-05-28WORSHEK ROBERT L.officerSale34,299 @ $6.62$227K−19.4% of holding+4.4%not yet — horizon still open142,722Form 4 · filed 1 day after the trade
2026-05-20Yenicay Claire MarieofficerSale19,716 @ $6.09$120K−8.1% of holding+3.1%not yet — horizon still open222,946Form 4 · filed same day
2026-05-19Yenicay Claire MarieofficerSale15,718 @ $6.04$95K−6.1% of holding+3.5%not yet — horizon still open242,662Form 4 · filed 1 day after the trade
2026-05-18Yenicay Claire MarieofficerSale17,717 @ $6.05$107K−6.4% of holding+4.5%not yet — horizon still open258,380Form 4 · filed 2 days after the trade
2026-05-04Schatz ScottofficerPurchase943 @ $6.51$6K+1.4% of holding−6.0%not yet — horizon still open68,994Form 4 · filed 2 days after the trade
2026-03-23Schatz ScottofficerSale34,836 @ $5.25$183K−33.9% of holding+21.1%not yet — horizon still open68,051Form 4 · filed 1 day after the trade
2026-03-20Schatz ScottofficerSale21,090 @ $5.02$106K−17.0% of holding+27.4%not yet — horizon still open102,887Form 4 · filed 4 days after the trade
2026-03-19Schatz ScottofficerSale28,980 @ $5.08$147K−18.9% of holding+36.3%not yet — horizon still open123,977Form 4 · filed 1 day after the trade
2026-02-18Hellum ErikofficerSale20,106 @ $6.58$132K−2.1% of holding−20.8%−20.2%949,542Form 4 · filed 2 days after the trade
2026-02-02Schatz ScottofficerPurchase980 @ $6.61$6K+1.7% of holding+11.9%−13.2%58,051Form 4 · filed 2 days after the trade
2026-01-20Hellum ErikofficerSale6,522 @ $5.57$36K−0.7% of holding+25.7%+12.1%969,648Form 4 · filed 1 day after the trade
2026-01-16Hellum ErikofficerSale7,437 @ $5.54$41K−0.7% of holding+26.3%+18.6%1,029,150Form 4 · filed 5 days after the trade
2025-12-29Hellum ErikofficerSale5,693 @ $5.06$29K−0.7% of holding+31.5%+42.2%754,798Form 4 · filed 2 days after the trade
2025-11-03Schatz ScottofficerPurchase855 @ $6.30$5K+1.6% of holding−22.3%+2.3%54,920Form 4 · filed 3 days after the trade
2025-08-22KAPLAN STEPHEN AdirectorPurchase10,000 @ $6.92$69K+5.0% of holding−3.6%+1.6%208,618Form 4 · filed 4 days after the trade
2025-08-11KAPLAN STEPHEN AdirectorPurchase46,509 @ $6.77$315K+30.6% of holding+1.7%+4.6%198,618Form 4 · filed 2 days after the trade
2025-08-01Schatz ScottofficerPurchase743 @ $7.05$5K+1.4% of holding+1.3%−7.5%54,065Form 4 · filed 4 days after the trade
2025-06-23Hellum ErikofficerSale10,000 @ $7.09$71K−1.4% of holding−2.7%−38.1%723,948Form 4 · filed 2 days after the trade
2025-06-06Hellum ErikofficerSale4,591 @ $7.08$33K−0.6% of holding+10.9%−43.9%733,948Form 4 · filed 3 days after the trade
2025-06-05Hellum ErikofficerSale3,104 @ $7.00$22K−0.4% of holding+12.5%−42.4%738,539Form 4 · filed 4 days after the trade
2025-06-03Hellum ErikofficerSale17,305 @ $7.00$121K−2.3% of holding+13.2%−41.7%741,643Form 4 · filed 2 days after the trade
2025-05-01Schatz ScottofficerPurchase788 @ $6.57$5K+1.6% of holding−4.2%−24.7%51,322Form 4 · filed 1 day after the trade
2025-03-26Schatz ScottofficerSale5,331 @ $8.25$44K−9.5% of holding−14.4%−31.5%50,534Form 4 · filed 1 day after the trade
2025-03-26Yenicay Claire MarieofficerSale2,968 @ $8.18$24K−1.2% of holding−14.4%−31.5%234,933Form 4 · filed 1 day after the trade
2025-03-21WORSHEK ROBERT L.officerSale16,721 @ $7.89$132K−24.1% of holding−5.3%−28.6%52,696Form 4 · filed 3 days after the trade
2024-12-31Schatz ScottofficerSale100 @ $9.10$910−0.3% of holding+2.4%−14.6%29,200Form 4 · filed 2 days after the trade
2024-12-31Yenicay Claire MarieofficerSale20 @ $9.16$183−0.0% of holding+2.4%−14.6%214,933Form 4 · filed 2 days after the trade
2024-12-30Yenicay Claire MarieofficerSale5,000 @ $9.22$46K−2.3% of holding−4.0%−12.8%214,953Form 4 · filed 3 days after the trade
2024-12-30Schatz ScottofficerSale2,066 @ $9.30$19K−6.6% of holding−4.0%−12.8%29,300Form 4 · filed 3 days after the trade
2024-12-27Yenicay Claire MarieofficerSale1,190 @ $9.37$11K−0.5% of holding−4.0%−12.8%219,953Form 4 · filed 3 days after the trade
2024-12-27Wilson BilldirectorPurchase103 @ $9.39$967ownership Δ n/a−4.0%−12.8%103Form 4 · filed 4 days after the trade
2024-12-27Wilson BilldirectorPurchase62 @ $9.33$578+60.2% of holding−4.0%−12.8%165Form 4 · filed 4 days after the trade
2024-12-26Yenicay Claire MarieofficerSale5,000 @ $9.60$48K−2.2% of holding−5.8%−15.6%221,143Form 4 · filed 4 days after the trade
2024-12-26Schatz ScottofficerSale4,594 @ $9.65$44K−12.8% of holding−5.8%−15.6%31,366Form 4 · filed 4 days after the trade
2024-12-24Schatz ScottofficerSale2,108 @ $9.65$20K−5.5% of holding−3.5%−16.8%35,960Form 4 · filed 2 days after the trade
2024-12-23Schatz ScottofficerSale5,000 @ $9.64$48K−11.6% of holding−4.8%−19.6%38,068Form 4 · filed 3 days after the trade
2024-12-20Yenicay Claire MarieofficerSale5,000 @ $9.65$48K−2.4% of holding−6.4%−21.9%207,393Form 4 · filed 6 days after the trade
2024-12-18Yenicay Claire MarieofficerSale500 @ $9.85$5K−0.2% of holding−9.3%−23.8%212,393Form 4 · filed 2 days after the trade
2024-12-17Schatz ScottofficerSale5,000 @ $9.75$49K−10.4% of holding−6.1%−21.5%43,068Form 4 · filed 1 day after the trade
2024-12-16Schatz ScottofficerSale150 @ $10.20$2K−0.3% of holding−5.7%−24.5%48,068Form 4 · filed 2 days after the trade
2024-11-18MSD CAPITAL, L.P.otherSale5,139 @ $10.03$52K−0.4% of holding−1.9%−28.9%1,452,549Form 4 · filed same day
2024-11-15MSD CAPITAL, L.P.otherSale12,379 @ $10.03$124K−0.8% of holding−5.2%−29.9%1,457,688Form 4 · filed 3 days after the trade
2024-11-14MSD CAPITAL, L.P.otherSale36,574 @ $10.16$372K−2.4% of holding−2.1%−28.4%1,470,067Form 4 · filed 4 days after the trade
2024-11-11MSD CAPITAL, L.P.otherSale6,257 @ $10.01$63K−0.4% of holding−0.6%−24.9%1,506,641Form 4 · filed 1 day after the trade
2024-11-08MSD CAPITAL, L.P.otherSale2,618 @ $10.12$26K−0.2% of holding+0.3%−23.8%1,512,898Form 4 · filed 4 days after the trade
2024-11-07MSD CAPITAL, L.P.otherSale3,311 @ $10.32$34K−0.2% of holding−1.6%−23.1%1,515,516Form 4 · filed 5 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

55 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-08-03Schatz ScottofficerAward / grant1,13272,126Form 4
2026-07-16Schatz ScottofficerAward / grant2,00070,994Form 4
2026-07-16WORSHEK ROBERT L.officerAward / grant1,558144,280Form 4
2026-05-27WORSHEK ROBERT L.officerAward / grant280,129997,984Form 4
2026-05-27WORSHEK ROBERT L.officerAward / grant250,000717,855Form 4
2026-05-27WORSHEK ROBERT L.officerAward / grant34,299177,021Form 4
2026-05-18Yenicay Claire MarieofficerAward / grant53,151276,097Form 4
2026-03-18Schatz ScottofficerAward / grant84,906152,957Form 4
2026-01-14Wilson BilldirectorAward / grant473,4203,347,976Form 4
2026-01-14Wilson BilldirectorAward / grant231,0542,874,556Form 4
2026-01-14Rosenstein Stuart BofficerAward / grant227,2421,008,273Form 4
2026-01-14Hellum ErikofficerAward / grant189,3681,036,587Form 4
2026-01-14Rosenstein Stuart BofficerAward / grant110,906781,031Form 4
2026-01-14Hellum ErikofficerAward / grant92,421847,219Form 4
2026-01-14Lebow DaviddirectorAward / grant24,030129,920Form 4
2026-01-14GINSBERG GARY LdirectorAward / grant24,030129,938Form 4
2026-01-14Ford B JamesdirectorAward / grant24,030103,790Form 4
2026-01-14KAPLAN STEPHEN AdirectorAward / grant24,030232,648Form 4
2026-01-14Way Gary DdirectorAward / grant24,03050,712Form 4
2026-01-08WORSHEK ROBERT L.officerAward / grant2,00058,924Form 4
2026-01-08Rosenstein Stuart BofficerAward / grant2,000670,125Form 4
2026-01-08Schatz ScottofficerAward / grant2,00057,071Form 4
2025-07-02Schatz ScottofficerAward / grant2,00053,322Form 4
2025-07-02Hellum ErikofficerAward / grant2,000725,948Form 4
2025-07-02Rosenstein Stuart BofficerAward / grant2,000616,311Form 4
2025-07-02WORSHEK ROBERT L.officerAward / grant2,00056,924Form 4
2025-04-18WORSHEK ROBERT L.officerAward / grant148,528467,855Form 4
2025-04-18WORSHEK ROBERT L.officerAward / grant149,573319,327Form 4
2025-03-31WORSHEK ROBERT L.officerWithheld for tax1,01754,924Form 4
2025-03-31WORSHEK ROBERT L.officerAward / grant3,24555,941Form 4
2025-03-25Schatz ScottofficerAward / grant8,28258,816Form 4
2025-03-25Yenicay Claire MarieofficerAward / grant5,061239,994Form 4
2025-03-25Schatz ScottofficerWithheld for tax2,95155,865Form 4
2025-03-25Yenicay Claire MarieofficerWithheld for tax2,093237,901Form 4
2025-03-14WORSHEK ROBERT L.officerWithheld for tax8,57569,417Form 4
2025-03-14WORSHEK ROBERT L.officerAward / grant25,29625,296Form 4
2025-02-03Schatz ScottofficerAward / grant50330,534Form 4
2025-01-15Rosenstein Stuart BofficerAward / grant831558,294Form 4
2025-01-15Hellum ErikofficerAward / grant831773,624Form 4
2025-01-15Schatz ScottofficerAward / grant83130,031Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.