KEITH DANIEL C 4
4 · Sinclair, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Sinclair (SBGI) Director Keith Daniel C Sells 42,000 Shares
What Happened
Keith Daniel C, a director of Sinclair, Inc. (SBGI), reported three open-market sales totaling 42,000 shares of Class A common stock for aggregate proceeds of $550,323. The filings list a reported weighted-average price of $13.10 per share; individual transactions were: 17,989 shares on 2026-03-31 for $235,722, 1,398 shares on 2026-04-01 for $18,314, and 22,613 shares on 2026-04-02 for $296,287. These were sales (Disposition — code S), not purchases or option exercises.
Key Details
- Transaction dates and reported proceeds:
- 2026-03-31: 17,989 shares — $235,722 (weighted avg price reported; range $13.035–$12.46, footnote F1)
- 2026-04-01: 1,398 shares — $18,314 (range $12.90–$13.06, footnote F5)
- 2026-04-02: 22,613 shares — $296,287 (range $12.83–$13.01, footnote F6)
- Reported weighted-average sale price shown as $13.10 per share; the registrant/insider notes ranges and can provide per-price breakdown on request.
- Shares owned after the transactions: indirectly owns 25,027 shares of Class A common stock (footnote F2).
- Trust ownership details: some shares are held in trust for which the reporting person (and spouse) are beneficiaries and the reporting person serves as trustee or co‑trustee with shared voting/investment power (footnotes F3, F4).
- Filing: Form 4 filed with accession 0001254017-26-000001 on 2026-04-02 reporting the above transactions.
Context
These were open-market sales by a company director. Sales by insiders can be routine (diversification, liquidity, tax planning, trust distributions, etc.) and do not by themselves confirm management sentiment about the company. This summary is factual and does not speculate about motives.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3][F4]2026-03-31$13.10/sh−17,989$235,722→ 49,038 total(indirect: By Trust) - Sale
Class A Common Stock
[F5][F2][F3][F4]2026-04-01$13.10/sh−1,398$18,314→ 47,640 total(indirect: By Trust) - Sale
Class A Common Stock
[F6][F3][F4]2026-04-02$13.10/sh−22,613$296,287→ 25,027 total(indirect: By Trust)
Footnotes (6)
- [F1]The sale price is a weighted average for the sale 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 at each price. The range of prices for the sale was $13.035-$12.46.
- [F2]After giving effect to the transactions reported on this Form 4, the Reporting Person indirectly owns 25,027 shares of Class A Common Stock.
- [F3]Class A Common Stock, of which the reporting person and the reporting person's spouse are the beneficiaries. The reporting person serves as a co-trustee of the trust and exercises shared voting and investment power over the securities held therein.
- [F4]The Reporting Person and the Reporting Person's family are the beneficiaries of the trust, and the Reporting Person serves as a trustee of the trust and exercises voting and investment power over the securities held therein.
- [F5]The sale price is a weighted average for the sale 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 at each price. The range of prices for the sale was $12.90-$13.06.
- [F6]The sale price is a weighted average for the sale 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 at each price. The range of prices for the sale was $12.83-$13.01.