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SAGA COMMUNICATIONS INC — Director's Dealing 2025
Jan 8, 2025
34331_dirs_2025-01-08_63860085-dfc7-4c39-aebb-c6fb0ea5187f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2024-12-31
Reporting Person: GATE CITY CAPITAL MANAGEMENT, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | Class A Common Stock, $0.01 par value | P | 240609 | $11.2496 | Acquired | 863845 | Indirect |
Footnotes
F1: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.24 to $11.25 per share.
F2: Reflects shares deemed to be under the investment control of Gate City Capital Management, LLC, which serves as an adviser to certain private investment funds and managed accounts. Michael Melby is the Managing Member of Gate City Capital Management, LLC.
F3: Mr. Melby may be deemed to beneficially own (solely for the purpose of Rule 16a-l(a)(2) under the Exchange Act) the securities set forth in footnote (I) above as Managing Member of Gate City Capital Management, LLC. Mr. Melby disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.