David D. Smith - Mar 28, 2025 Form 4 Insider Report for Sinclair, Inc. (SBGI)

Role
Executive Chairman, Director, 10%+ Owner
Signature
Anastasia Thomas Nardangeli, Esq., on behalf of David D. Smith, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Mar 28, 2025
Transactions value $
$0
Form type
4
Date filed
4/1/2025, 01:05 PM
Previous filing
Mar 24, 2025
Next filing
Apr 7, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBGI Class B Common Stock Gift $0 -374K -12.84% $0.00 2.54M Mar 28, 2025 Class B Common Stock 374K $0.00 Direct F1, F2, F3, F4
transaction SBGI Class B Common Stock Award $0 +374K $0.00 374K Mar 28, 2025 Class B Common Stock 374K $0.00 By David D. Smith / BECS 2025, SERIES I Irrevocable Trust F2, F3, F4, F5, F6
transaction SBGI Class B Common Stock Gift $0 -374K -14.73% $0.00 2.16M Mar 28, 2025 Class B Common Stock 374K $0.00 Direct F2, F3, F4
transaction SBGI Class B Common Stock Award $0 +374K $0.00 374K Mar 28, 2025 Class B Common Stock 374K $0.00 By David D. Smith / DBS 2025, SERIES I Irrevocable Trust F2, F3, F4, F5, F6
transaction SBGI Class B Common Stock Gift $0 -374K -17.27% $0.00 1.79M Mar 28, 2025 Class B Common Stock 374K $0.00 Direct F1, F2, F3, F4
transaction SBGI Class B Common Stock Award $0 +374K $0.00 374K Mar 28, 2025 Class B Common Stock 374K $0.00 By David D. Smith / JBSS 2025, SERIES I Irrevocable Trust F2, F3, F4, F5, F6
transaction SBGI Class B Common Stock Gift $0 -374K -20.88% $0.00 1.42M Mar 28, 2025 Class B Common Stock 374K $0.00 Direct F1, F2, F3, F4
transaction SBGI Class B Common Stock Award $0 +374K $0.00 374K Mar 28, 2025 Class B Common Stock 374K $0.00 By David D. Smith / MJSS 2025, SERIES I Irrevocable Trust F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gift to Trust f/b/o Reporting Person's child.
F2 The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
F3 After giving effect to the transactions reported on this Form 4, the Reporting Person directly owns 1,416,272 shares of Class B Common Stock.
F4 The Reporting Person also directly owns (i) 1,082,771 shares of Class A Common Stock (ii) 598,698 shares of Class A Common Stock issued as Restricted Stock, and (iii) 18,823.964222 shares of Class A Common Stock held in a 40l(k) unitized stock fund. The Reporting Person indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person f/b/o family members of which the Reporting Person is the custodian, (ii) 338,400 shares of Class A Common Stock held by trusts f/b/o family members of which the Reporting Person is a trustee, (iii) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (iv) 803,178 shares of Class A Common Stock held f/b/o of David D. Smith Family Foundation, Inc., which the Reporting Person controls, but does not derive any benefit.
F5 Acquired by gift from Reporting Person.
F6 The Reporting Person has the right to substitute the corpus of the trust.