Legg Benson E 4/A
4/A · Sinclair, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Sinclair (SBGI) Director Legg Benson Sells 31,500 Shares
What Happened
Legg Benson E, a director of Sinclair, Inc. (ticker: SBGI), sold 31,500 shares on May 4, 2026. The reported weighted-average sale price was $14.60 per share, for a total transaction value of approximately $459,900. This was a disposal (sale), which is a liquidity event rather than a purchase signal.
Key Details
- Transaction date: May 4, 2026. Form filed (amended) on June 2, 2026.
- Reported price: weighted average $14.60; price range for the reported sale was $14.40–$15.13 (footnote states issuer can provide per-price breakdown on request).
- Shares sold: 31,500; proceeds ~ $459,900.
- Shares owned after transaction: not disclosed in this amendment.
- Filing note: This filing is an amendment correcting the issuer name to Sinclair, Inc.; no other substantive changes were made. Because the Form 4/A was filed nearly a month after the transaction date, it appears the reporting was not within the usual 2-business-day Section 16 reporting window.
Context
- Sales by directors can be routine (diversification, tax/liquidity needs) and do not by themselves indicate company performance or insider sentiment.
- The amendment only corrects the issuer name (previously misidentified as a subsidiary); it does not change the transaction details.
Insider Transaction Report
Form 4/AAmended
Sinclair, Inc.SBGI
Legg Benson E
Director
Transactions
- Sale
Class A Common Stock
[F1]2026-05-04$14.60/sh−31,500$459,900→ 39,665 total
Footnotes (1)
- [F1]The purchase price is a weighted average for the purchase reported. The range of prices for this purchase was $14.40-$15.13. 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 purchased at each separate price.
Signature
Anastasia Thomas Nardangeli, Esq., on behalf of Benson E. Legg, by Power of Attorney|2026-06-02