SMITH FREDERICK G sold SBGI
September 30, 2026 · Form 4 insider transaction
SMITH FREDERICK G sold 48,000 shares of Sinclair, Inc. at $12.76 per share, a transaction worth $612.5K. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Represents shares of Class A Common Stock received by the Reporting Person on September 23, 2026 as an in-kind distribution from the Frederick G. Smith AFS 2025, Series I Irrevocable Trust in satisfaction of an annuity payment. The Reporting Person is the settlor and sole annuitant of the trust. The transaction effected only a change in the form of the Reporting Person's beneficial ownership, from indirect to direct, without changing the Reporting Person's pecuniary interest.; Reflects the closing price of the Common Stock on September 29, 2026, the closing date of the day prior to the date of distribution, which was used to value the shares distributed and determine the number of shares required to satisfy the annuity payment.; Upon the consummation of all of the transactions contemplated by this filing, the Reporting Person shall own 333,000 shares of Class A Common Stock.; The Reporting person also directly owns 3,000,000 shares of Class B Common Stock, and he owns 17,801.567198 shares of Class A Common Stock held in a 401(k) unitized stock fund.; The Reporting Person has the right to substitute the corpus of the trust.