KEITH DANIEL C 4
Research Summary
AI-generated summary
Sinclair (SBGI) Director Daniel C. Keith Sells 17,000 Shares
What Happened Daniel C. Keith, a director of Sinclair, Inc. (SBGI), reported a sale of 17,000 shares on July 2, 2026. The reported per-share price is $15.02, for a total transaction value of approximately $255,340. This was a sale (not a purchase), which is often routine insider selling and does not by itself indicate a change in company fundamentals.
Key Details
- Transaction date: 2026-07-02; Form 4 filed: 2026-07-06 (appears to be within the standard two-business-day reporting window).
- Reported price: $15.02 per share; total proceeds ≈ $255,340.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: References a weighted-average purchase price and a price range ($15.08–$15.515) for a reported purchase; the filer offers to provide a breakdown on request. (This footnote appears to relate to purchase reporting details.)
- F2/F3: The reported shares relate to Class A common stock held in trusts for which the reporting person (and spouse/family) are beneficiaries; the reporting person serves as trustee/co-trustee and exercises voting and investment power over those securities.
Context
- This filing documents a straight sale (transaction code S). Sales by directors are common and may be for personal/liquidity reasons; they are not a direct indicator of company performance.
- The filing notes trust ownership and trustee control (F2/F3), indicating some shares are held indirectly through trusts rather than directly by the director.