4/A: Sinclair Inc. Executive David Bochenek Reports Amended Stock Transactions
SEC Form 4/A
David Bochenek, Chief Accounting Officer of Sinclair, Inc., files an amended Form 4 to correct previously reported stock transactions.
Summary
- David Bochenek, Chief Accounting Officer of Sinclair, Inc., filed an amended Form 4 on March 27, 2025, to correct an administrative error in a previous filing on March 4, 2025.
- The amendment addresses the number of shares issued, the number of shares withheld for tax liability, and the shares beneficially owned following the transaction.
- On February 28, 2025, Bochenek acquired 22,547 shares of Class A Common Stock as restricted stock, vesting in two equal installments on February 28, 2026, and February 28, 2027.
- Also on February 28, 2025, 10,834 shares were withheld at a price of $13.87 to cover Bochenek's tax liability.
- Following these transactions, Bochenek beneficially owns 20,054 shares of Class A Common Stock directly, in addition to 3,407.409064 shares held in a 401(k) unitized stock fund and 602.85 shares held in an Employee Stock Purchase Plan.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- Shareholders benefit from accurate and transparent reporting of executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction: acquisition of restricted stock and withholding of shares for tax liability. |
| 02/28/2026 | First vesting date for 50% of the restricted stock. |
| 02/28/2027 | Second vesting date for the remaining 50% of the restricted stock. |
| 03/04/2025 | Date of original Form 4 filing that was amended. |
| 03/27/2025 | Date of amended Form 4 filing. |
Keywords
Form 4, Sinclair, SBGI, Bochenek, Stock, Restricted Stock, Beneficial Ownership, Tax Liability, Amendment
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