Power Lucy Rutishauser - 08 Mar 2024 Form 4 Insider Report for Sinclair, Inc. (SBGI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Mar 2024, 14:42:37 UTC
Prior SEC filing
06 Mar 2023
Next SEC filing
04 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Clinton R. Black, V, Esq., on behalf of Lucy Rutishauser, by Power of Attorney

Key filing fact

Power Lucy Rutishauser filed Form 4 for Sinclair, Inc. (SBGI) on 12 Mar 2024.

Key facts

  • This page summarizes Power Lucy Rutishauser's Form 4 filing for Sinclair, Inc. (SBGI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Mar 2024, 14:42.

Change

  • Previous filing in this sequence was filed on 06 Mar 2023.
  • Current net transaction value: -$241,523.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SBGI transaction

Class A Common Stock

Award

Transaction value
Shares
+37,566
Change %
+49%
Price
Shares after
113,666
Date
08 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F3
SBGI transaction

Class A Common Stock

Tax liability

Transaction value
$241,523
Shares
-18,146
Change %
-16%
Price
$13.31
Shares after
95,520
Date
08 Mar 2024
Ownership
Direct
Footnotes
F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SBGI transaction Derivative

Stock Appreciation Rights

Award

Transaction value
$0
Shares
+436,000
Change %
+90%
Price
$0.000000
Shares after
919,768
Date
08 Mar 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
436,000
Exercise price
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Common Stock issued as Restricted Stock, which vests 50% on March 8, 2025 and 50% on March 8, 2026.

Footnote F2

N/A

Footnote F3

Common Stock issued as Restricted Stock. The Reporting Person also owns 10,117.378292 shares of Class A Common Stock held in a 401(k) unitized stock fund and 6,536.21 shares of Class A Common Stock held in an Employee Stock Purchase Plan.

Footnote F4

Designates withholding of shares to satisfy the Reporting Person's tax liability.

Footnote F5

The Stock Appreciation Right is exercisable at the price equal in value to the difference between the Stock Appreciation Right's base value of $13.31 per stock appreciation right which is the fair market value of one share as of the grant date, and the per share closing price of Sinclair, Inc. common stock on the date of exercise.

Footnote F6

Stock Appreciation Right shall vest 50% on March 8, 2025 and 50% on March 8, 2026.

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