SBGI.NASDAQSinclair, INC

Form 4: Sinclair Inc. SVP & CFO Lucy Rutishauser Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Lucy Rutishauser, SVP & CFO of Sinclair Inc., reports acquisition and disposal of Class A Common Stock to cover tax liabilities.

Summary

  • On February 28, 2025, Lucy Rutishauser, SVP & CFO of Sinclair, Inc., engaged in transactions involving Class A Common Stock.
  • She acquired 144,196 shares of Class A Common Stock as Restricted Stock, vesting in two equal installments on February 28, 2026, and February 28, 2027.
  • Rutishauser also disposed of 69,648 shares at a price of $13.87 to cover tax liabilities.
  • Following these transactions, she directly owns 170,068 shares of Class A Common Stock, including shares held in a 401(k) unitized stock fund (10,606.939394 shares) and an Employee Stock Purchase Plan (7,033.39 shares).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their trading activities in the company's stock.

Key Dates

DateDescription
January 1, 2025Date of Power of Attorney authorization for Steven A. Thomas, Esquire, C.J. Persson, Esquire, Anastasia Thomas, Esquire, and Clinton R. Black, V, Esquire to sign and file form 4's and form 5's with the U.S. Securities and Exchange Commission on Lucy Rutishauser's behalf.
February 28, 2025Date of stock transactions: acquisition of restricted stock and disposal of shares for tax liability.
February 28, 202650% of the restricted stock vests.
February 28, 2027Remaining 50% of the restricted stock vests.
December 31, 2025Expiration date of Power of Attorney authorization.
March 04, 2025Date of signature for the Form 4 filing.

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