Legg Benson E 4
Research Summary
AI-generated summary
Sinclair (SBGI) Director E. Legg Receives Award of 17,095 Shares
What Happened
Director Legg Benson E received an award/grant of 17,095 shares on June 4, 2026, reported on a Form 4 filed June 8, 2026. The transaction is coded as an acquisition/award (A). No purchase price or total dollar value is reported (price = N/A), and the filing notes the shares were issued pursuant to the company’s Stock Incentive Plan (footnote F1).
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08
- Transaction type: Award/Grant (code A)
- Shares acquired: 17,095; Price: N/A (no cash paid)
- Shares owned after transaction: not specified in the provided filing
- Footnotes: F1 — issued pursuant to Stock Incentive Plan; F2 — N/A
- Timeliness: Filing on 2026-06-08 appears timely (filed within the SEC’s two business-day window)
Context
Awards like this are typically part of director compensation (e.g., restricted stock or RSUs) and may be subject to vesting or other restrictions; the Form 4 here does not specify vesting or restriction details. This is an insider acquisition (not a sale), which is generally more informative to investors, but the filing does not provide a dollar value or the insider’s total post-transaction holdings.