SMITH DAVID D 4

4 · Sinclair, Inc. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Sinclair (SBGI) 10% Owner David D. Smith Receives Restricted Stock

What Happened

David D. Smith (reported as a 10% owner) was granted 230,880 shares of Class A restricted stock on 2026-02-26 (reported as an "A" acquisition). Simultaneously, 102,536 shares were withheld/disposed to satisfy his tax liability at $13.86 per share, generating $1,421,149 in consideration (reported with transaction code "F").
The award has a vesting schedule: 50% vests on February 26, 2027 and 50% on February 26, 2028 (footnote F1). The grant price is reported as N/A because these are restricted shares issued as compensation.

Key Details

Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within the Form 4 timeframe).
Grant: 230,880 Class A restricted shares (A). Withholding/disposition: 102,536 shares at $13.86 (F) = $1,421,149.
Beneficial ownership after the transaction (per footnote F3, direct + indirect holdings, rounded):
- Class A common stock: ~3,303,257 shares beneficially owned
- Class B common stock: ~6,911,072 shares beneficially owned (These totals reflect the reported direct and indirect holdings and the net effect of the grant and share withholding.)
Footnotes: F1 = restricted stock vesting schedule; F4 = withholding of shares to satisfy tax liability; F3 lists detailed direct and indirect holdings. F2 is N/A.
Transaction types: Award/grant (A) and tax-withholding disposition (F). This is not an open-market sale or purchase.

Context

This filing reports a compensation-related grant of restricted stock, not a market purchase; the withholding of shares to cover taxes is routine and is commonly reported as a disposition (F).
As a 10% owner, Smith is a major holder of Sinclair stock; such grants typically relate to compensation or long‑term incentive arrangements rather than short‑term trading. The filing appears timely based on the reported dates.

Form 4

Period: 2026-02-26

DirectorExecutive Chairman10% Owner

Transactions

Award
Class A Common Stock
[F1][F2][F3]
2026-02-26+230,880→ 629,109 total
Tax Payment
Class A Common Stock
[F4][F3]
2026-02-26$13.86/sh−102,536$1,421,149→ 526,573 total

Footnotes (4)

[F1]Class A Common Stock issued as Restricted Stock, which vests 50% on February 26, 2027 and 50% on February 26, 2028.
[F2]N/A
[F3]Common Stock issued as Restricted Stock. The Reporting Person also directly owns (i)1,823,783 shares of Class A Common Stock, (ii) 2,911,072.2270 shares of Class B Common Stock, and (iii) 18,839.367459 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person for the benefit of family members of which the Reporting Person is the custodian, (ii) 338,400 shares of Class A Common Stock held by trusts f/b/o family members of which the Reporting Person is a trustee, (iii) 4,000,000 shares of Class B Common Stock held by trusts f/b/o family members, (iv) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (v) 803,178 shares of Class A Common Stock held f/b/o David D. Smith Family Foundation, Inc., which the Reporting Person controls, but does not derive any benefit.
[F4]Designates withholding of shares to satisfy the Reporting Person's tax liability.

Signature

Anastasia Thomas Nardangeli, Esq., on behalf of David D. Smith, by Power of Attorney|2026-03-02

1 file