Saga Communications SGA Insider Ownership

NASDAQ SGA

$8.40 -0.01 (-0.06%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

3.03Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

49.30%

■0% pp QoQ

Shares Held by Insiders

3.00Mn

filed for Sep 2026

■0.00% QoQ

Shares Outstanding

6.10Mn

6,095,000 shares

Direct Holdings

2.14Mn

Indirect: 866.21K

Net Shares Traded (QoQ)

no net change in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 11, 2026

In the last 12 months, insiders at Saga Communications made open-market sales of $116,652 (9.53K shares) and bought no shares on the open market.

Edward K. Christian Trust (10% owner) led open-market sales of Saga Communications stock over the past 12 months with $116,652 (9.53K shares), most recently on February 25, 2026.
Beyond open-market trades, insiders at Saga Communications received 63.59K shares in stock awards and gave up 18.13K shares to cover taxes or exercise prices in the last 12 months.
According to Business Quant data, insiders at Saga Communications reported 3Mn shares in total in their latest Form 4 filings, unchanged from 3Mn shares at the end of Q2 2026.
Of the 3Mn shares held by Saga Communications insiders, 2.14Mn shares (71.17%) are held directly and 866.21K shares (28.83%) indirectly, through trusts, partnerships, family members and other entities.
Per Business Quant, 14 insiders of SGA hold shares, counting officers, directors and 10% owners who have filed a Form 4 in the past two years.
Saga Communications' top three insider holders by shares held are Edward K. Christian Trust (10% owner, 1.77Mn shares), Gate City Capital Management, LLC (10% owner, 863.85K shares) and Christopher Forgy (President & CEO, 109.16K shares).
The holding of Edward K. Christian Trust makes up 58.83% of all shares held by Saga Communications insiders.
In the last 12 months, 22 Form 4 filings with transactions in SGA stock came from 12 insiders.
The insider data for SGA reflects Form 4 filings through February 27, 2026.

Form 4 Holdings

Insiders Holding SGA

Insiders 16

Shares held 3.03Mn

Of outstanding 49.67%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	K. Christian Trust Edward	TenPercentOwner	1,767,753	0	1,767,753	58.4%	27 Feb, 2026
2	City Capital Management, Llc Gate	TenPercentOwner	0	863,845	863,845	28.5%	08 Jan, 2025
3	Christopher Forgy	President Ceo	109,158	0	109,158	3.6%	17 Dec, 2025
4	Samuel D Bush	Evp, Treasurer Cfo	66,919	0	66,919	2.2%	17 Dec, 2025
5	Wayne Leland	Chief Operating Officer	37,360	0	37,360	1.2%	15 Dec, 2025
6	Catherine A Bobinski	Svp, Chief Accounting Officer	37,135	0	37,135	1.2%	17 Dec, 2025
7	Warren S Lada	Chief Operating Officer	34,817	0	34,817	1.1%	12 Dec, 2025
8	Marcia Lobaito	Corporate Secretary	24,085	0	24,085	0.8%	09 Dec, 2024
9	Clarke Roger Jr Brown	Director	19,272	0	19,272	0.6%	12 Dec, 2025
10	Timothy J. Clarke	Director	17,503	0	17,503	0.6%	12 Dec, 2025
11	Roy F Iii Coppedge	Director	17,266	0	17,266	0.6%	12 Dec, 2025
12	Gary G Stevens	Director	16,939	0	16,939	0.6%	11 Dec, 2023
13	Michael W Schechter	Director	10,430	0	10,430	0.3%	12 Dec, 2025
14	Michael Scafidi	Director	2,960	0	2,960	0.1%	12 Dec, 2025
15	Michael J. Bergner	Director	1,137	0	1,137	0.0%	19 Dec, 2022
16	Gregory David Sutherland	Director	1,112	0	1,112	0.0%	12 Dec, 2025

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

1,249 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
25 Feb, 2026	K. Christian Trust Edward	TenPercentOwner	Disposed S	5,665	$12.07	$68.35K	881,044	Direct
15 Dec, 2025	Christopher Forgy	President Ceo	Disposed F	9,316	$11.44	$106.58K	109,158	Direct
15 Dec, 2025	Catherine A Bobinski	Svp, Chief Accounting Officer	Disposed F	2,088	$11.44	$23.89K	37,135	Direct
15 Dec, 2025	Samuel D Bush	Evp, Treasurer Cfo	Disposed F	3,216	$11.44	$36.79K	66,919	Direct
15 Dec, 2025	Wayne Leland	Chief Operating Officer	Disposed F	1,912	$11.44	$21.87K	30,010	Direct
10 Dec, 2025	Timothy J. Clarke	Director	Acquired A	4,446	$0.00	$0	17,503	Direct
10 Dec, 2025	Clarke Roger Jr Brown	Director	Acquired A	4,446	$0.00	$0	19,272	Direct
10 Dec, 2025	Michael Scafidi	Director	Acquired A	2,960	$0.00	$0	2,960	Direct
10 Dec, 2025	Warren S Lada	Director	Acquired A	4,446	$0.00	$0	34,817	Direct
10 Dec, 2025	Samuel D Bush	Evp, Treasurer Cfo	Acquired A	10,319	$0.00	$0	70,135	Direct
10 Dec, 2025	Gregory David Sutherland	Director	Acquired A	1,112	$0.00	$0	1,112	Direct
10 Dec, 2025	Roy F Iii Coppedge	Director	Acquired A	4,446	$0.00	$0	17,266	Direct
10 Dec, 2025	Michael W Schechter	Director	Acquired A	4,446	$0.00	$0	10,430	Direct
10 Dec, 2025	Christopher Forgy	President Ceo	Acquired A	30,412	$0.00	$0	118,474	Direct
10 Dec, 2025	Wayne Leland	Chief Operating Officer	Acquired A	8,054	$0.00	$0	31,922	Direct
10 Dec, 2025	Catherine A Bobinski	Svp, Chief Accounting Officer	Acquired A	6,292	$0.00	$0	39,223	Direct
06 Nov, 2025	Christopher Forgy	President Ceo	Disposed F	760	$12.11	$9.20K	88,062	Direct
06 Nov, 2025	Wayne Leland	Chief Operating Officer	Disposed F	276	$12.11	$3.34K	23,868	Direct
06 Nov, 2025	Catherine A Bobinski	Svp, Chief Accounting Officer	Disposed F	564	$12.11	$6.83K	32,931	Direct
21 Oct, 2025	K. Christian Trust Edward	TenPercentOwner	Disposed S	1,669	$12.50	$20.86K	886,709	Direct

Showing 1 to 20 of 1,249 transactions