Salem Media Group Announces the Issuance of SALM Stock to Co-Founder and Executive Chairman, Edward G. Atsinger III, in Lieu of Cash, and the Removal of Stock Forfeiture Provision for Previous Restricted Stock Grants | SALM Stock News
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Salem Media Group announced that Co-Founder and Executive Chairman Edward G. Atsinger III will receive his remaining 2025 compensation in Restricted Class A Common Stock instead of cash, totaling 218,067 shares worth $168,500. This stock will vest in 12 months and is not subject to forfeiture provisions due to Mr. Atsinger's long-term contributions. Additionally, a previously granted 400,000 shares will also remain effective after December 31, 2025, with the original vesting schedule unchanged.
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