Howard E. Friedman - Oct 9, 2023 Form 4 Insider Report for Sinclair, Inc. (SBGI)

Role: Director
Signature: Clinton R. Black, V, Esq., on behalf of Howard E. Friedman, by Power of Attorney
Stock symbol: SBGI
Transactions as of: Oct 9, 2023
Transactions value $: $951
Form type: 4
Date filed: 10/11/2023, 03:43 PM
Previous filing: May 23, 2023
Next filing: Jul 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBGI	Class A Common Stock	Sale	-$116K	-12.1K	-21.77%	$9.63	43.3K	Oct 9, 2023	Direct	F1
transaction	SBGI	Class A Common Stock	Purchase	$117K	+12.1K	+27.82%	$9.71	55.4K	Oct 10, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale price is a weighted average for the sale price reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares of each price. The range of prices for the sale was $9.62-$9.72.
F2	The purchase transaction on October 10, 2023 and the sales transaction on October 9, 2023 constitute matchable transactions under the short swing profit rules issued under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). Of the shares sold on October 9, 2023, 300 shares were sold at a higher price ($9.72) than the October 10, 2023 per share purchase price of $9.71, resulting in a $3.00 profit as calculated pursuant to Section 16 of the Exchange Act, which the Reporting Person has agreed to remit to the issuer.

Content

The sale price is a weighted average for the sale price reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares of each price. The range of prices for the sale was $9.62-$9.72.

The purchase transaction on October 10, 2023 and the sales transaction on October 9, 2023 constitute matchable transactions under the short swing profit rules issued under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). Of the shares sold on October 9, 2023, 300 shares were sold at a higher price ($9.72) than the October 10, 2023 per share purchase price of $9.71, resulting in a $3.00 profit as calculated pursuant to Section 16 of the Exchange Act, which the Reporting Person has agreed to remit to the issuer.