Proposed resale of 31,500 shares by SBGI (NASDAQ: SBGI) director

Rhea-AI Filing Summary

SBGI notice of proposed sale of Common shares by an issuer-affiliated holder. The filing lists proposed quantities tied to director compensation dated 06/05/2020, 06/09/2022, and 06/13/2023, and shows an aggregate row with 31,500 shares and dollar figures in the cover row.

Insights

Securities Compliance Analyst

Forms 144 report proposed resale of shares tied to director compensation.

The filing lists multiple lots of Common stock described as "Compensation as an Independent Director" with dates 06/05/2020, 06/09/2022, and 06/13/2023

These notices are procedural: they allow resale under federal rules but do not confirm sales occurred. Subsequent transaction filings (Form 4/5) would show executed trades.

Key Figures

Aggregate shares listed: 31,500 shares Proposed lot — 06/05/2020: 10,600 shares Proposed lot — 06/09/2022: 10,122 shares +3 more

6 metrics

Aggregate shares listed 31,500 shares cover row aggregate

Proposed lot — 06/05/2020 10,600 shares Compensation as an Independent Director, 06/05/2020

Proposed lot — 06/09/2022 10,122 shares Compensation as an Independent Director, 06/09/2022

Proposed lot — 06/13/2023 10,778 shares Compensation as an Independent Director, 06/13/2023

Dollar figure shown $459,770.85 cover row monetary amount

Aggregate dollar figure $47,864,000 cover row larger monetary figure

Key Terms

Form 144, Compensation as an Independent Director, Proposed resale

3 terms

Form 144 regulatory

"Notice of proposed sale of securities (cover row)"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Compensation as an Independent Director financial

"Securities To Be Sold lines showing grant dates"

Proposed resale regulatory

"Securities To Be Sold / Securities Sold During The Past 3 Months"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	31500	459770.85	47864000	05/04/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/05/2020	Compensation as an Independent Director	Issuer			10600	06/05/2020	Services Rendered
Common	06/13/2023	Compensation as an Independent Director	Issuer			10778	06/13/2023	Services Rendered
Common	06/09/2022	Compensation as an Independent Director	Issuer			10122	06/09/2022	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SBGI's Form 144 report show?

This Form 144 reports proposed resale of Common shares tied to director compensation. It lists specific grant dates and share amounts, and notifies intent to sell under federal resale rules.

How many shares are shown on the filing?

The cover row lists 31,500 shares and the securities-to-be-sold lines list 10,600, 10,122, and 10,778 associated with compensation dates in 2020–2023.

Does Form 144 confirm the shares were sold?

No. The filing indicates a proposed resale notification. Actual sales would be confirmed by later filings such as Form 4 or Form 5 that report completed transactions.

Who appears as the broker or placement agent?

The document names Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza, indicating the broker listed for the proposed resale.

What is the role tied to the compensated shares?

The shares are labeled as Compensation as an Independent Director, indicating they arose from director compensation awards dated in 2020, 2022, and 2023.