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Sinclair director proposes sale of 298,808 shares

Sinclair, Inc. director Frederick Smith reported a proposed sale of 298,808 Class A shares, with an aggregate market value of $3,845,658.96, through Merrill Lynch; the approximate sale date is September 24, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sinclair, Inc. director Frederick Smith reported a proposed sale of 298,808 Class A shares, with an aggregate market value of $3,845,658.96, through Merrill Lynch; the approximate sale date is September 24, 2026. The notice also lists 1,192 Sinclair shares sold during the preceding three months on September 21, 2026, for $15,839.87.

Positive

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Negative

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Proposed Class A shares 298,808 shares Approximate sale date September 24, 2026
Aggregate market value of proposed sale $3,845,658.96 Proposed Class A share sale
Shares sold in preceding three months 1,192 shares September 21, 2026
Value of shares sold in preceding three months $15,839.87 September 21, 2026
Founders' shares 7,250,000 shares Originally Class B, converted into Class A; June 6, 1995
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Founders Shares financial
"Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
Class B financial
"Originally Class B, converted into Class A"
A Class B designation usually identifies a specific type of share or ownership stake that differs from other classes (like Class A) in voting power, dividend rights, or transfer rules. For investors it matters because those differences affect control and how profits are shared—like two types of ticket holders at an event where one gets louder voting power or priority access, which can change a stock’s value and influence.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SBGI shares does Frederick Smith propose to sell?

Frederick Smith, a director of Sinclair, Inc. (SBGI), reported a proposed sale of 298,808 Class A shares, with an aggregate market value of $3,845,658.96. Merrill Lynch is listed as the broker, and September 24, 2026 is the approximate sale date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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