FREDERICK G. SMITH - 03 Apr 2024 Form 4 Insider Report for Sinclair, Inc. (SBGI)

Signature
Clinton R. Black, V, Esq., on behalf of Frederick G. Smith, by Power of Attorney
Issuer symbol
SBGI
Transactions as of
03 Apr 2024
Net transactions value
+$3,927,000
Form type
4
Filing time
05 Apr 2024, 15:14:05 UTC
Previous filing
28 Feb 2023
Next filing
26 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Other $1,309,000 +100,000 +53% $13.09 289,000 03 Apr 2024 Direct F1, F2
transaction SBGI Class A Common Stock Other $1,309,000 +100,000 +35% $13.09 389,000 03 Apr 2024 Direct F1, F2
transaction SBGI Class A Common Stock Other $1,309,000 +100,000 +26% $13.09 489,000 03 Apr 2024 Direct F1, F2
transaction SBGI Class A Common Stock Gift $0 -100,000 -20% $0.000000 389,000 03 Apr 2024 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100,000 $0.000000 100,000 03 Apr 2024 By Irrevocable Trust/AFS 2024, Series I F2, F3, F4
transaction SBGI Class A Common Stock Gift $0 -100,000 -26% $0.000000 289,000 03 Apr 2024 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100,000 $0.000000 100,000 03 Apr 2024 By Irrevocable Trust/EGS 2024, Series I F2, F3, F4
transaction SBGI Class A Common Stock Gift $0 -100,000 -35% $0.000000 189,000 03 Apr 2024 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100,000 $0.000000 100,000 03 Apr 2024 By Irrevocable Trust/JRS 2024, Series I F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person exercised his right to substitute the corpus of the trust and withdrew the shares from the trust f/b/o Reporting Person's child.
F2 The Reporting Person also owns 3,000,000 shares of Class B Common Stock and 14,298.770053 shares of Class A Common Stock held in a 401(k) unitized stock fund.
F3 Gifted to Trust f/b/o Reporting Person's child
F4 The Reporting Person has the right to substitute the corpus of the trust.