Amendment: SEC Form SC 13D/A filed by Saga Communications Inc.

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________

SCHEDULE 13D

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

Under the Securities Exchange Act of 1934

(Amendment No.1)

Saga Communications, Inc.
(Name of Issuer)

Class A Common Stock, par value $0.01 per share
(Title of Class of Securities)

0000886136
(CUSIP Number)

Hoak Public Equities, L.P.
3963 Maple Avenue, Suite 450
Dallas, Texas 75219
(214) 855-2284
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

October 30, 2024
(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

* This calculation is based on 6,261,481 shares of Class A Common Stock of the Issuer outstanding as of August 5, 2024, as disclosed on the Issuer’s Form 10-Q filed with the SEC on August 9, 2024.

* This calculation is based on 6,261,481 shares of Class A Common Stock of the Issuer outstanding as of August 5, 2024, as disclosed on the Issuer’s Form 10-Q filed with the SEC on August 9, 2024.

* This calculation is based on 6,261,481 shares of Class A Common Stock of the Issuer outstanding as of August 5, 2024, as disclosed on the Issuer’s Form 10-Q filed with the SEC on August 9, 2024.

* This calculation is based on 6,261,481 shares of Class A Common Stock of the Issuer outstanding as of August 5, 2024, as disclosed on the Issuer’s Form 10-Q filed with the SEC on August 9, 2024.

* This calculation is based on 6,261,481 shares of Class A Common Stock of the Issuer outstanding as of August 5, 2024, as disclosed on the Issuer’s Form 10-Q filed with the SEC on August 9, 2024.

This Amendment No. 1 to Schedule 13D (the “Amendment”) amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission (“SEC”) on December 12, 2022 (the “Original 13D” and together with the Amendment, the “Schedule 13D”). Unless otherwise indicated, all capitalized terms used but not defined herein shall have the same meaning ascribed to them in the Original 13D.

This Amendment is being filed for the purpose of reporting updates in the percentage of the class of securities beneficially owned by the reporting persons and the related updates and amendments to the Schedule 13D as follows:

Item 3 is hereby amended and restated to read in its entirety as follows:

“The total amount of funds used for the purchase of Common Stock by HPE was $9,919,233.79. All of the shares of Common Stock beneficially owned by HPE were paid for using working capital of HPE. Hoak Management does not directly hold any Common Stock but may be deemed to beneficially own the Common Stock owned by HPE. The other Reporting Persons do not hold shares of Common Stock directly but may be deemed to beneficially own the Common Stock owned by HPE.”

Item 5(a) is hereby amended and restated in its entirety as follows:

“

Item 5(c) is hereby amended and restated in its entirety as follows:

“

SIGNATURES

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.

Schedule A

Transactions – Past 60 days

Hoak Public Equities, L.P.