Form 4: Sinclair Inc. Executive Justin Bray Reports Share Withholding for Tax Liability
SEC Form 4 Filing
Justin Bray, SVP & Treasurer of Sinclair, Inc., reports the withholding of 2,687 shares of Class A Common Stock to cover tax liabilities related to the vesting of restricted shares.
Summary
- On March 8, 2025, Justin Bray, SVP & Treasurer of Sinclair, Inc., had 2,687 shares of Class A Common Stock withheld by the issuer to satisfy tax liabilities.
- This withholding was related to the vesting of restricted shares granted on March 8, 2024.
- The price per share for the withholding was $14.4.
- Following the transaction, Bray directly owns 39,267 shares of Class A Common Stock.
- Bray also owns 1,079 shares of Class A Common Stock, 5,728.506522 shares in a 401(k) unitized stock fund, and 3,822.19 shares in an Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a sale on the open market.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | First vesting date of restricted shares granted to Justin Bray. |
| 03/08/2025 | Date of share withholding to satisfy tax liability. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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