Companies Townsquare Media, Inc.
Townsquare Media (TSQ): executive pay, fiscal 2025
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CEO pay, last three years
- $7,069,743FY2023
- $3,110,036FY2024
- $5,897,214FY2025
CEO total pay was $5,897,214 in fiscal 2025, up from $3,110,036 in fiscal 2024.
FY2025: salary $1,450,000 · bonus $1,667,500 · stock awards $2,502,135 · option awards $0
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Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Bill Wilson | $1,450,000 | $1,667,500 | $2,502,135 | $0 | $0 | $0 | $277,579 | $5,897,214 |
| Chief Executive Officer | ||||||||
| Erik Hellum | 1,000,000 | 921,300 | 1,000,856 | 0 | 0 | 0 | 100,168 | 3,022,324 |
| Executive Vice President, Chief Operating Officer | ||||||||
| Stuart Rosenstein | 850,000 | 768,000 | 1,201,025 | 0 | 0 | 0 | 171,662 | 2,990,687 |
| Executive Vice President and Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Bill Wilson | $5,897,214 | $3,110,036 | $7,069,743 | ↑ +2,787,178 |
| Erik Hellum | 3,022,324 | 1,670,832 | 2,790,377 | ↑ +1,351,492 |
| Stuart Rosenstein | 2,990,687 | 1,712,704 | 3,981,931 | ↑ +1,277,983 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The NEO compensation program is designed to attract, motivate and retain qualified employees and to provide them incentives to achieve or exceed the Company’s annual operational, financial and strategic goals and to increase long-term stockholder value. The Compensation Committee considers Company and individual performance as the key factor when setting compensation levels to reward achievement and reinforce accountability.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Willis Tower Watson PLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Erik Hellum | RSU | 15,305 | — | $78,668 |
| Erik Hellum | RSU | 17,660 | — | 90,772 |
| Stuart Rosenstein | RSU | 19,131 | — | 98,333 |
| Erik Hellum | RSU | 30,611 | — | 157,341 |
| Bill Wilson | RSU | 38,262 | — | 196,667 |
| Stuart Rosenstein | RSU | 38,263 | — | 196,672 |
| Erik Hellum | RSU | 52,980 | — | 272,317 |
| Erik Hellum | RSU | 55,127 | — | 283,353 |
| Bill Wilson | RSU | 55,188 | — | 283,666 |
| Stuart Rosenstein | Option | 56,033 | 7.55 | — |
| Stuart Rosenstein | RSU | 66,152 | — | 340,021 |
| Erik Hellum | RSU | 70,444 | — | 362,082 |
| Erik Hellum | Option | 72,668 | 7.59 | — |
| Bill Wilson | RSU | 76,526 | — | 393,344 |
| Stuart Rosenstein | RSU | 84,533 | — | 434,500 |
| Stuart Rosenstein | Option | 109,003 | 7.59 | — |
| Bill Wilson | RSU | 137,817 | — | 708,379 |
| Bill Wilson | RSU | 165,563 | — | 850,994 |
| Bill Wilson | RSU | 176,110 | — | 905,205 |
| Bill Wilson | Option | 227,088 | 7.59 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Steven PriceEmployee director · Board Chair | $350,000 | $0 | — | — | $83,422 | $433,422 |
| B. James FordIndependent · Audit Committee (Chair) · Compensation Committee (Chair) | 120,000 | 130,000 | — | — | 7,336 | 257,336 |
| Stephen KaplanIndependent · Nominating and Corporate Governance Committee (Chair) | 95,000 | 130,000 | — | — | 7,336 | 232,336 |
| Gary D. WayIndependent · Nominating and Corporate Governance Committee | 70,000 | 130,000 | — | — | 7,336 | 207,336 |
| Gary GinsbergIndependent · Audit Committee · Compensation Committee · Nominating and Corporate Governance Committee | 70,000 | 130,000 | — | — | 7,336 | 207,336 |
| David LebowIndependent · Audit Committee · Compensation Committee · Nominating and Corporate Governance Committee | 70,000 | 130,000 | — | — | 7,336 | 207,336 |
| Bill WilsonEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $130,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | $3 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $775,000 |
| Equity awards (grant-date value) | $650,000 |
| All other compensation | $120,102 |
| Total cost of the board | $1,545,102 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Townsquare Media as a peer
Companies that benchmark against TSQ
3 companies name TSQ as a compensation peer
- ENTRAVISION COMMUNICATIONS CORPEVCFY2025
- LEE ENTERPRISES, IncLEEFY2025
- National CineMedia, Inc.NCMIFY2025
Each company listed discloses TSQ in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TSQ in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Townsquare Media, Inc. | 2025 | Bill Wilson | $1,450,000 | $2,502,135 | $0 | $0 | $5,897,214 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (13 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Bill Wilson. DEF 14A, filed 2026-03-27. Section “NAMED EXECUTIVE OFFICER COMPENSATION” · page 13. As printed: 5,897,214. View filing ↗
- Section 01, Erik Hellum. DEF 14A, filed 2026-03-27. Section “NAMED EXECUTIVE OFFICER COMPENSATION” · page 13. As printed: 3,022,324. View filing ↗
- Section 01, Stuart Rosenstein. DEF 14A, filed 2026-03-27. Section “NAMED EXECUTIVE OFFICER COMPENSATION” · page 13. As printed: 2,990,687. View filing ↗
- Section 08, Steven Price. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 433,422. View filing ↗
- Section 08, B. James Ford. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 257,336. View filing ↗
- Section 08, Stephen Kaplan. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 232,336. View filing ↗
- Section 08, Gary D. Way. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 207,336. View filing ↗
- Section 08, Gary Ginsberg. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 207,336. View filing ↗
- Section 08, David Lebow. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 207,336. View filing ↗
- Section 08, Bill Wilson. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 775,000 + equity 650,000 + all other 120,102 = 1,545,102, summed across the director compensation table rows.
- Townsquare Media, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Townsquare Media, Inc.'s own proxy. As printed: 5,897,214. View filing ↗