SBGI.NASDAQSinclair, INC

4/A: Sinclair SVP Bray Amends Stock Ownership Filing

Sentiment:

Insider Ownership Amendment


Sinclair's SVP and Treasurer, Justin L. Bray, filed an amended Form 4 to correct a transaction code related to restricted stock vesting and tax withholding.

Summary

  • Justin L. Bray, SVP and Treasurer of Sinclair, Inc. (SBGI), filed an amended Form 4 on March 11, 2026.
  • The amendment corrected the transaction code in Table I, Item 3 from 'A' to 'F' and removed a non-material typo from footnote number 4.
  • On March 8, 2026, which was the first vesting date of restricted shares granted on March 8, 2024, a total of 5,635 shares of Class A Common Stock vested and were released to Mr. Bray.
  • Of these vested shares, 2,652 shares were withheld by the issuer at a price of $15.6 per share to satisfy Mr. Bray's tax liability.
  • Following this transaction, Mr. Bray directly beneficially owns 51,314 shares of Class A Common Stock.
  • Additionally, Mr. Bray holds 1,079 shares of Class A Common Stock directly, 6,904.578205 shares in a 401(k) unitized stock fund, and 3,822.19 shares in an Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative correction to an insider ownership report, with no direct impact on the company's operational or financial performance.

Positives

  • Vesting of 5,635 restricted shares of Class A Common Stock for SVP and Treasurer Justin L. Bray, representing a component of executive compensation.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, typically not indicative of broader industry trends unless a pattern of significant buying or selling emerges across multiple executives or companies. This specific filing is an amendment correcting an administrative detail related to executive compensation.

Key Dates

DateDescription
03/08/2024Grant date of restricted shares to the Reporting Person.
03/08/2026First vesting date of restricted shares granted to the Reporting Person.
03/11/2026Date of original Form 4 filing and date of this amendment.

Keywords

Sinclair Inc., SBGI, Form 4/A, Insider Trading, Beneficial Ownership, Restricted Stock, Executive Compensation, Tax Withholding, Justin L. Bray

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