Sinclair, Inc.·4

Mar 2, 9:05 PM ET

Bray Justin LeRoy 4

Research Summary

AI-generated summary

Updated

Sinclair (SBGI) SVP Justin LeRoy Receives Restricted Stock Award

What Happened

  • Justin LeRoy, Senior Vice President and Treasurer of Sinclair, was granted 18,887 shares of common stock as a restricted stock award on February 26, 2026 (transaction code A). No price per share is reported for the grant (N/A). This is an equity award (not an open‑market purchase or sale).

Key Details

  • Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (Accession 0001734400-26-000001).
  • Grant details: 18,887 shares of common stock issued as Restricted Stock; vesting schedule is 50% on February 26, 2027 and 50% on February 26, 2028 (Footnote F1).
  • Price: N/A for the award (Footnote F2 indicates N/A).
  • Holdings reported (Footnote F3): the reporting person also owns 1,079 shares of Class A common stock, 5,675.206917 shares held in a 401(k) unitized stock fund, and 3,822.19 shares held in an Employee Stock Purchase Plan—plus the 18,887 restricted shares granted.
  • Transaction type: Award/grant (A) — generally not a direct market signal like an open‑market purchase or sale.

Context

  • Restricted stock awards typically vest over time and may be subject to forfeiture until vesting; they do not represent an immediate sale or purchase in the open market.
  • For retail investors, awards signal company compensation practices but are not the same as insiders buying shares with personal cash; they should be viewed alongside other insider transactions and company performance.