---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-108609"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2022-10-14T23:59:59+00:00"
generated_at: "2026-06-23T03:32:05.640372+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Townsquare Media amends exec employment agreements; CEO base salary $1.45M, sign-on bonus $1.45M

## Summary
- CEO Bill Wilson: base salary $1,450,000, target annual bonus 100% of base, plus $1,450,000 sign-on bonus subject to clawback.
- CFO Stuart Rosenstein: base $850,000, target bonus 80%; COO Erik Hellum: base $700,000, target 85.7%, retroactive to Jan 1, 2022.
- Five-year initial term, automatic renewal; severance without Cause/Good Reason: CEO 1.5x base+target, CFO/COO 1x, plus COBRA and 50% equity vesting.
- In Change in Control termination: CEO severance 2.5x, CFO/COO 2x, 100% equity vesting, and 24-month COBRA.
- Non-competition and non-solicitation covenants apply during employment and for 24 months post-termination.

## SEC filing metadata
- accession: 0001104659-22-108609
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2022-10-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000110465922108609/0001104659-22-108609-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000110465922108609/tm2228260d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-108609
- JSON: https://secwatch.observer/filing/0001104659-22-108609.json
- Plain text: https://secwatch.observer/filing/0001104659-22-108609.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.