Key facts
- This page summarizes Power J. Duncan Smith's Form 4 filing for SINCLAIR BROADCAST GROUP INC.
- 4 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 27 Feb 2023, 12:36.
Power J. Duncan Smith - 23 Feb 2023 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC
- Reporting relationship
- Secretary, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 23 Feb 2023
- Net transaction value
- +$19,631,557
- SEC form
- 4
- Accepted by SEC
- 27 Feb 2023, 12:36:55 UTC
- Prior SEC filing
- 08 Feb 2023
- Next SEC filing
- 05 Apr 2024
- Source filing
- View source filing
- Reporting owner signature
- Clinton R. Black, V, Esq., on behalf of J. Duncan Smith, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Power J. Duncan Smith filed Form 4 for SINCLAIR BROADCAST GROUP INC on 27 Feb 2023.
Change
- Previous filing in this sequence was filed on 08 Feb 2023.
- Current net transaction value: +$19,631,557.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SBGI
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $10,666,557
- Shares
- +594,900
- Change %
- +11%
- Price
- $17.93
- Shares after
- 5,901,586
- Date
- 23 Feb 2023
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 594,900
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
SBGI
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $8,965,000
- Shares
- +500,000
- Change %
- +8.5%
- Price
- $17.93
- Shares after
- 6,401,586
- Date
- 23 Feb 2023
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 500,000
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
SBGI
transaction
Derivative
Class B Common Stock
Gift
- Transaction value
- $0
- Shares
- -1,094,900
- Change %
- -17%
- Price
- $0.000000
- Shares after
- 5,306,686
- Date
- 23 Feb 2023
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 1,094,900
- Exercise price
- $0.000000
- Footnotes
- F2, F3, F4
SBGI
transaction
Derivative
Class B Common Stock
Gift
- Transaction value
- $0
- Shares
- +1,094,900
- Change %
- Price
- $0.000000
- Shares after
- 1,094,900
- Date
- 23 Feb 2023
- Ownership
- By 2023 Irrevocable Trust Series I
- Underlying class
- Class B Common Stock
- Underlying amount
- 1,094,900
- Exercise price
- $0.000000
- Footnotes
- F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote 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 children.
Footnote F2
The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
Footnote F3
The Reporting Person also owns (i) 185 shares of Class A Common Stock and (ii) 14,153.274958 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns 137,154 shares of Class B Common Stock divided equally among three irrevocable trusts each for the benefit of a child of the Reporting Person of which the Reporting Person is a co-trustee.
Footnote F4
Gifted to Trust f/b/o Reporting Person's family members.
Footnote F5
The Reporting Person has the right to substitute the corpus of the trust.