Edward K Christian Trust's Sale of Class A Common Shares in Saga Communications Inc.

The filing details the sale of Class A Common shares by the Edward K Christian Agreement of Trust in Saga Communications Inc. The trust, which holds a 10% stake in the company, sold 761 shares on October 16, 2025, with an aggregate market value of $9,517.52. The shares were originally acquired on August 19, 2022, through a distribution from a trust or estate. Over the past three months, the trust has engaged in multiple transactions, selling a total of 13,018 shares for a combined value of $159,000. The sales were executed through Morgan Stanley Smith Barney LLC Executive Financial Services. This filing highlights significant activity by a major shareholder, which could impact the stock's liquidity and market perception.