Comparable stake leader
Edward K. Christian Trust
SEC ownership of SAGA COMMUNICATIONS INC
Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0000886136.
Disclosed value leader
TOWERVIEW LLC
Comparable rows
41/45
Latest evidence
31 Mar 2026
- Public ticker
- SGA on Nasdaq
- Parsed ownership sources
-
3/4/5, 13D/G, and 13F
Source: Parsed SEC ownership filingsUse: Compare filing families carefully
- Largest SEC-reported holder
-
Edward K. Christian Trust
Ranking: Comparable ownership first, then disclosed value
- Comparable ownership rows
-
41 of 45
Meaning: Rows with safely comparable ownership %
- Latest 13D/G holder
-
Edward K. Christian Trust
Source: Latest parsed Schedule 13D/G stake
- Latest parsed ownership date
-
31 Mar 2026
Freshness: Most recent filing date in this holder set
- Issuer CIK
- 0000886136
- Issuer location
- Grosse Pointe Farms, MI
Ownership snapshot
CIK-linked ownership evidence from parsed SEC filings.
3 signals
Issuer
Names, identifiers, and filing context for this profile.
2 identity fields
Ownership snapshot
Top shareholders of SAGA COMMUNICATIONS INC (13F + 13D/G + 3/4/5)
Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.
Comparable stake leader
Edward K. Christian Trust
Disclosed value leader
TOWERVIEW LLC
Comparable rows
41/45
Latest evidence
31 Mar 2026
3/4/5
13D/G
13F
Lead comparable stake: 14%
4 rows are not safely comparable across share classes.
13D/G row: Edward K. Christian Trust
Showing 1-8 of 45 holder rows.
Quick read
Edward K. Christian Trust leads the comparable SEC ownership view at 14%.
41 of 45 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.
Open SEC evidence
Opens Edward K. Christian Trust's linked filing trail.
Comparable ownership
Top 5
Edward K. Christian Trust
14%
GATE CITY CAPITAL MANAGEMENT, LLC
14%
Stanley Kesselman
6.2%
Hoak Public Equities, LP
3.8%
Christopher Forgy
1.7%
Ownership % is shown only when SEC disclosures are safely comparable across share classes.
Detailed SEC evidence table Showing 1-8 of 45 holder rows
| Holder | Evidence | Ownership % | Position | 12M Net Δ | As of |
|---|---|---|---|---|---|
| Edward K. Christian Trust |
3/4/5
13D/G
10%+ Owner · Judith A. Christian
|
14%
from 13D/G
|
$21,714,187
1,767,753 shares
mixed-class rows
|
-$214,685 | 25 Feb 2026 |
| GATE CITY CAPITAL MANAGEMENT, LLC |
3/4/5
13D/G
13F
10%+ Owner · Company
|
14%
from 13D/G
|
$10,996,747
863,845 shares
|
— | 08 Jan 2025 |
| Stanley Kesselman |
13D/G
|
6.2%
|
$4,617,989
391,355 shares
|
$0 | 31 Dec 2025 |
| Hoak Public Equities, LP |
13D/G
|
3.8%
|
—
240,109 shares
|
$0 | 20 Dec 2024 |
| Christopher Forgy |
3/4/5
PRESIDENT & CEO, Director
|
1.7%
|
$1,258,018
109,927 shares
|
— | 15 Dec 2025 |
| Samuel D. Bush |
3/4/5
EVP, TREASURER & CFO
|
1.1%
|
$796,698
69,508 shares
|
— | 15 Dec 2025 |
| Catherine A. Bobinski |
3/4/5
SVP, CHIEF ACCOUNTING OFFICER
|
0.6%
|
$441,533
38,524 shares
|
— | 15 Dec 2025 |
| Warren S. Lada |
3/4/5
Director
|
0.54%
|
$417,804
34,817 shares
|
— | 10 Dec 2025 |
How to read this table
Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Forms 3/4/5 flow
Insider trading overview
Net insider flow leans to selling over the last 12 months. Net value: -$214,685.
Buys
$0
Insiders: 0
Sells
$214,685
Insiders: 1
Net
-$214,685
Shares: -17,142
Window
Last 12 months
4 rolling buckets
Buy value
Sell value
Shares: 0
Shares: 17,142
| Window (months) | Buy shares | Sell shares | Buy value | Sell value | Net value |
|---|---|---|---|---|---|
| 0-3 | 0 | 0 | $0 | $0 | $0 |
| 3-6 | 0 | 5,665 | $0 | $68,350 | -$68,350 |
| 6-9 | 0 | 0 | $0 | $0 | $0 |
| 9-12 | 0 | 11,477 | $0 | $146,335 | -$146,335 |
Reporting owners
Insider holders from Forms 3/4/5
Showing 1-18 of 18 reporting-owner rows connected to SAGA COMMUNICATIONS INC. Open a relationship link for the CIK-to-CIK filing trail.
Rows
18
Largest Forms 3/4/5 holder
TOWERVIEW LLC
Net 12M change
-$214,685
Latest report
25 Feb 2026
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| TOWERVIEW LLC | 10%+ Owner | $23,698,949 | Mixed | 11 May 2021 | ||
| Edward K. Christian | PRESIDENT AND CEO, Director | $23,395,212 | Mixed | 10 Dec 2021 | ||
| Edward K. Christian Trust | 10%+ Owner | $21,714,187 | -$214,685 | -0.98% | Filing P/S | 25 Feb 2026 |
| GATE CITY CAPITAL MANAGEMENT, LLC | 10%+ Owner | $10,996,747 | Mixed | 08 Jan 2025 | ||
| Christopher Forgy | PRESIDENT & CEO, Director | $1,258,018 | Mixed | 15 Dec 2025 | ||
| Samuel D. Bush | Evp, Treasurer & Cfo | $796,698 | Mixed | 15 Dec 2025 | ||
| Catherine A. Bobinski | Svp, Chief Accounting Officer | $441,533 | Mixed | 15 Dec 2025 | ||
| Warren S. Lada | Director | $417,804 | Mixed | 10 Dec 2025 | ||
| Wayne Leland | Chief Operating Officer | $362,152 | Mixed | 15 Dec 2025 | ||
| Marcia Lobaito | Director | $350,561 | Mixed | 05 Dec 2024 | ||
| Gary G. Stevens | Director | $345,725 | Mixed | 07 Dec 2023 | ||
| Clarke Roger Brown Jr. | Director | $231,264 | Mixed | 10 Dec 2025 | ||
| Timothy J. Clarke | Director | $210,036 | Mixed | 10 Dec 2025 | ||
| Roy F. Coppedge III | Director | $207,192 | Mixed | 10 Dec 2025 | ||
| Michael W. Schechter | Director | $125,160 | Mixed | 10 Dec 2025 | ||
| Michael Scafidi | Director | $35,520 | Mixed | 10 Dec 2025 | ||
| Michael J. Bergner | Director | $23,206 | Mixed | 15 Dec 2022 | ||
| Gregory David Sutherland | Director | $13,344 | Mixed | 10 Dec 2025 |
Recent insider transactions for SAGA COMMUNICATIONS INC
Showing up to 300 recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | SEC-reported value | SEC-reported price | Shares | Shares owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Edward K. Christian Trust | SGA | Clas A Common Stock | Sale | -0.64% | $68,350 | $12.07 | -5,665 | 881,044 | 25 Feb 2026 | Direct |
| Catherine A. Bobinski | SGA | Class A Common Stock | Tax liability | -5.32% | -2,088 | 37,135 | 15 Dec 2025 | Direct | ||
| Samuel D. Bush | SGA | Class A Common Stock | Tax liability | -4.59% | -3,216 | 66,919 | 15 Dec 2025 | Direct | ||
| Wayne Leland | SGA | Class A Common Stock | Tax liability | -5.99% | -1,912 | 30,010 | 15 Dec 2025 | Direct | ||
| Christopher Forgy | SGA | Class A Common Stock | Tax liability | -7.86% | -9,316 | 109,158 | 15 Dec 2025 | Direct | ||
| Catherine A. Bobinski | SGA | Class A Common Stock | Award | 19.1% | 6,292 | 39,223 | 10 Dec 2025 | Direct | ||
| Christopher Forgy | SGA | Class A Common Stock | Award | 34.5% | 30,412 | 118,474 | 10 Dec 2025 | Direct | ||
| Wayne Leland | SGA | Class A Common Stock | Award | 33.7% | 8,054 | 31,922 | 10 Dec 2025 | Direct | ||
| Samuel D. Bush | SGA | Class A Common Stock | Award | 17.2% | 10,319 | 70,135 | 10 Dec 2025 | Direct | ||
| Michael W. Schechter | SGA | Class A Common Stock | Award | 74.3% | 4,446 | 10,430 | 10 Dec 2025 | Direct | ||
| Michael Scafidi | SGA | Class A Common Stock | Award | 2,960 | 2,960 | 10 Dec 2025 | Direct | |||
| Gregory David Sutherland | SGA | Class A Common Stock | Award | 1,112 | 1,112 | 10 Dec 2025 | Direct | |||
| Roy F. Coppedge III | SGA | Class A Common Stock | Award | 34.7% | 4,446 | 17,266 | 10 Dec 2025 | Direct | ||
| Timothy J. Clarke | SGA | Class A Common Stock | Award | 34% | 4,446 | 17,503 | 10 Dec 2025 | Direct | ||
| Clarke Roger Brown Jr. | SGA | Class A Common Stock | Award | 30% | 4,446 | 19,272 | 10 Dec 2025 | Direct | ||
| Warren S. Lada | SGA | Class A Common Stock | Award | 14.6% | 4,446 | 34,817 | 10 Dec 2025 | Direct | ||
| Wayne Leland | SGA | Class A Common Stock | Tax liability | -1.14% | -276 | 23,868 | 06 Nov 2025 | Direct | ||
| Christopher Forgy | SGA | Class A Common Stock | Tax liability | -0.86% | -760 | 88,062 | 06 Nov 2025 | Direct | ||
| Catherine A. Bobinski | SGA | Class A Common Stock | Tax liability | -1.68% | -564 | 32,931 | 06 Nov 2025 | Direct | ||
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.19% | $20,863 | $12.50 | -1,669 | 886,709 | 21 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.09% | $9,518 | $12.51 | -761 | 888,378 | 16 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.08% | $8,566 | $12.56 | -682 | 889,139 | 15 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.08% | $9,355 | $12.51 | -748 | 889,821 | 14 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | $13.03 | $13.03 | -1 | 890,569 | 08 Oct 2025 | Direct | |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | $130 | $13.00 | -10 | 890,570 | 07 Oct 2025 | Direct | |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.07% | $8,202 | $13.04 | -629 | 890,580 | 06 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.19% | $20,975 | $12.50 | -1,678 | 891,209 | 02 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.06% | $6,884 | $12.61 | -546 | 892,887 | 01 Oct 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.01% | $603 | $12.57 | -48 | 893,433 | 30 Sep 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.04% | $3,952 | $12.51 | -316 | 893,481 | 26 Sep 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.06% | $7,338 | $12.63 | -581 | 893,797 | 19 Sep 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.12% | $14,058 | $13.34 | -1,054 | 894,378 | 25 Aug 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.19% | $22,952 | $13.29 | -1,727 | 895,432 | 22 Aug 2025 | Direct |
| Edward K. Christian Trust | SGA | Class A Common Stock | Sale | -0.11% | $12,925 | $12.59 | -1,027 | 897,159 | 07 Aug 2025 | Direct |
* marks a reported price that did not pass the local price check.