---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-22-000098"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:18:15.252556+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Townsquare Media expands board to 7, appoints former Nike/Jordan Brand GC Gary Way

## Summary
- Board expanded from 6 to 7 members effective January 1, 2023.
- Gary D. Way appointed as Class I director, term expiring at 2024 annual meeting.
- Way is independent; no reportable transactions or arrangements under Reg S-K.
- Compensation: $70k annual cash + $25k for committee chair; $130k annual equity grant (1-year vest).
- Way brings legal and risk management experience from Nike/Jordan Brand and NBA.

## SEC filing metadata
- accession: 0001499832-22-000098
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000098/0001499832-22-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000098/tsq-20221222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-22-000098
- JSON: https://secwatch.observer/filing/0001499832-22-000098.json
- Plain text: https://secwatch.observer/filing/0001499832-22-000098.txt

## Key facts
- Executive change
  Gary D. Way was appointed as Class I director at Townsquare Media, Inc..
  - Action: appointed
  - Role: Class I director
  source text: On December 21, 2022, the Board appointed Gary D. Way to the Board, effective as of January 1, 2023, as a Class I director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000098/0001499832-22-000098-index.htm

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