Key facts
- This page summarizes Sphere Entertainment Co.'s Form 4 filing for Townsquare Media, Inc. (TSQ).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Apr 2023, 19:04.
Sphere Entertainment Co. - 20 Apr 2023 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- TSQ
- Reported as of
- 20 Apr 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 21 Apr 2023, 19:04:27 UTC
- Prior SEC filing
- 03 Apr 2023
- Next SEC filing
- 29 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Gautam Ranji, Executive Vice President, Chief Financial Officer and Treasurer of Sphere Entertainment Co.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Sphere Entertainment Co. filed Form 4 for Townsquare Media, Inc. (TSQ) on 21 Apr 2023.
Change
- Previous filing in this sequence was filed on 03 Apr 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TSQ
transaction
Class A Common Stock, par value $0.01 per share
Other
- Transaction value
- $0
- Shares
- -583,139
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 20 Apr 2023
- Ownership
- By Subsidiary
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TSQ
transaction
Derivative
Class C Common Stock
Other
- Transaction value
- $0
- Shares
- -2,625,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 20 Apr 2023
- Ownership
- By Subsidiary
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,625,000
- Exercise price
- $0.000000
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Sphere Entertainment Co. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
On April 20, 2023, Madison Square Garden Entertainment Corp., formerly MSGE Spinco, Inc. ("MSGE"), became a standalone publicly traded company following its spin-off from Sphere Entertainment Co., formerly Madison Square Garden Entertainment Corp. ("Sphere Entertainment"). In connection with the spin-off, MSG National Properties, LLC ("MSGNP"), an indirect wholly-owned subsidiary of Sphere Entertainment before the spin-off and the direct owner of 583,139 shares of Class A Common Stock and 2,625,000 shares of Class A Common Stock issuable upon conversion of the same number of shares of Class C Common Stock of Townsquare Media, Inc. ("Townsquare"), became an indirect wholly owned subsidiary of MSGE.
Footnote F2
Each share of the Class C Common Stock, par value $0.01 per share, of Townsquare has no expiration date and is convertible at the election of the holder into a share of Class A Common Stock of Townsquare, and automatically converts under certain circumstances, subject to certain limitations set forth in the certificate of incorporation of Townsquare.