Smith Jason Ryan 4

What Happened
Jason Ryan Smith, Executive Vice Chairman of Sinclair, Inc. (SBGI), received an award of 144,300 shares of common stock on February 26, 2026. The shares were issued as restricted stock (transaction code A); no purchase price or dollar value is reported. Per the filing, the restricted shares vest 50% on February 26, 2027 and the remaining 50% on February 26, 2028.

Key Details

• Transaction date: 2026-02-26 (Form 4 filed 2026-03-02; filing appears timely).
• Transaction type/code: Award/Grant (A) — restricted stock.
• Shares granted: 144,300 restricted shares; price reported as N/A (no cash paid).
• Vesting: 50% on 2027-02-26; 50% on 2028-02-26 (Footnote F1).
• Shares owned after transaction: total reported holdings equal 147,634.644928 shares (144,300 restricted shares from this grant plus 3,334.644928 shares of Class A common held in a 401(k) unitized stock fund — Footnote F3).
• Other footnotes: F2 marked N/A; F3 confirms 401(k) holding.
• Timeliness: Filing date indicates the Form 4 was submitted within the required reporting window.

Context
This was a compensation-related award (restricted stock), not an open-market purchase or sale. Restricted shares are subject to vesting and possible forfeiture until vesting dates, so they do not represent immediately liquid ownership. The filing does not state a dollar value for the grant; retail investors should treat compensation grants as part of executive pay rather than a direct, immediate market signal.