David Lebow, Board Member at Townsquare Media (NYSE:TSQ), reported a large insider sell on August 29, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Lebow sold 9,398 shares of Townsquare Media. The total transaction amounted to $91,268.
Townsquare Media shares are trading down 0.21% at $9.53 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make ...