SMITH DAVID D sold SBGI
March 8, 2024 · Form 4 insider transaction
SMITH DAVID D sold 63,068 shares of Sinclair, Inc. at $13.31 per share, a transaction worth $839.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Designates withholding of shares to satisfy the Reporting Person's tax liability; Common Stock issued as Restricted Stock. The Reporting Person also directly owns (i) 607,154 shares of Class A Common Stock, (ii) 2,911,072 shares of Class B Common Stock, and (iii) 17,447.876297 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person for the benefit of family members of which the Reporting Person is the custodian, (ii) 338,400 shares of Class A Common Stock held by trusts f/b/o family members of which the Reporting Person is a trustee, (iii) 4,000,000 shares of Class B Common Stock held by trusts f/b/o family members, (iv) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (v) 803,178 shares of Class A Common Stock held f/b/o David D. Smith Family Foundation, Inc. which the Reporting Person controls, but does not derive any benefit.