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  4. [8-K] Sinclair, Inc. Reports Material Event

Sinclair (SBGI) accounting chief to depart with extended equity window

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Sinclair, Inc. (SBGI) reported that Senior Vice President and Chief Accounting Officer David Bochenek will separate from employment effective November 9, 2026, remaining in his role and assisting with transition until that date. He is the company’s principal accounting officer.

Under a Transition and Separation Agreement, Bochenek will receive severance consistent with a termination without cause, including base salary through November 30, 2026, a lump-sum cash payment equal to 24 months of his current base salary, accrued unused vacation, and any benefits under existing equity awards. He will also receive an additional bonus of approximately $66,000 paid over six months, contingent on signing and not revoking a waiver and release of claims and complying with non-competition, non-solicitation, non-disclosure and non-disparagement covenants. Subject to compensation committee approval, the post-termination exercise period for his stock appreciation rights under the 2022 Stock Incentive Plan will be extended to their 10-year expiration date, subject to the same conditions. After the separation, Bochenek has agreed to remain available through filing of the 2026 Form 10-K to address related questions. Executive Vice President and Chief Financial Officer Narinder Sahai will become principal accounting officer as of the Separation Date, without additional compensation.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Separation Date November 9, 2026 Effective date of David Bochenek’s separation from Sinclair, Inc.
Bonus Payment approximately $66,000 Additional bonus to David Bochenek, paid over six months after the Separation Date
Lump-Sum Severance 24 months of then-current annual base salary Cash lump-sum payment to David Bochenek under severance benefits
Base Salary Through November 30, 2026 End date through which annual base salary will be paid after the Separation Date
SARs Exercise Period 10-year expiration date Proposed extended post-termination exercise period for Bochenek’s stock appreciation rights
Bonus Payment Period six (6) months Time over which the approximately $66,000 bonus will be paid after separation
2026 Form 10-K Support Period through filing of 2026 Form 10-K Period during which Bochenek will remain available to assist on 2026 Form 10-K matters
Transition and Separation Agreement financial
"entered into a Transition and Separation Agreement (the “Separation Agreement”)"
A transition and separation agreement is a written contract that spells out the responsibilities, timeline and financial terms when an employee—often a senior executive—leaves a company and helps hand over their duties. It covers things like pay or severance, any short-term support to train successors, confidentiality and return of company property; investors care because these deals affect cash costs, leadership continuity and legal or operational risks during a change, much like a detailed handoff note that keeps a project running smoothly.
stock appreciation rights financial
"each outstanding award of stock appreciation rights (“SARs”) held by Mr."
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
non-competition financial
"complies with the waiver and release of claims and the non-competition,"
A non-competition is a contractual restriction that prevents a person or business from starting or working in a competing business within a specified time and geographic area after leaving a job or completing a transaction. It matters to investors because it acts like a temporary fence around customers, trade secrets and know‑how, helping protect future revenue and company value; weak or unenforceable restrictions can increase the risk of customer loss and competitive erosion.
non-solicitation financial
"waiver and release of claims and the non-competition, non-solicitation,"
A non-solicitation clause is a contractual promise that one party will not actively try to lure away another party’s employees, customers, or suppliers. For investors, it signals protection of a company’s workforce and client base after a deal or partnership—reducing the risk that key staff or revenue sources will be poached and therefore helping preserve the business’s value, predictability, and post-transaction earnings. Think of it as an agreement not to knock on a neighbor’s door to take their business or team.
waiver and release of claims financial
"provided he executes and does not revoke a waiver and release of claims"

FAQ

What executive change did Sinclair, Inc. (SBGI) announce in this 8-K?
Sinclair, Inc. announced that Senior Vice President and Chief Accounting Officer David Bochenek, who serves as principal accounting officer, will separate from the company effective November 9, 2026. Executive Vice President and Chief Financial Officer Narinder Sahai will assume the role of principal accounting officer at that time.

When is the separation date for Sinclair (SBGI) executive David Bochenek?
The separation date for Senior Vice President and Chief Accounting Officer David Bochenek is November 9, 2026. He will remain in his current role and assist Sinclair, Inc. with transitional matters through that date under a Transition and Separation Agreement.

What severance benefits will David Bochenek receive from Sinclair (SBGI)?
Under the Transition and Separation Agreement, David Bochenek will receive base salary through November 30, 2026, a cash lump sum equal to 24 months of his current annual base salary, payment for accrued unused vacation, and any benefits available under existing equity award agreements.

What additional bonus payment is Sinclair (SBGI) providing to David Bochenek?
Sinclair, Inc. will provide David Bochenek with a bonus payment of approximately $66,000, payable over a six-month period following his November 9, 2026 separation date, contingent on his executing and not revoking a waiver and release of claims and complying with related restrictive covenants.

How will David Bochenek’s stock appreciation rights be treated after leaving Sinclair (SBGI)?
Subject to compensation committee approval, Sinclair and David Bochenek will enter into an amendment to his outstanding stock appreciation rights so their post-termination exercise period extends to the 10-year expiration date of the awards, conditioned on his waiver, release, and covenant compliance.

Who will be Sinclair (SBGI)’s principal accounting officer after November 9, 2026?
After November 9, 2026, Narinder Sahai, Sinclair, Inc.’s Executive Vice President and Chief Financial Officer, will serve as the company’s principal accounting officer. The company states that Mr. Sahai will not receive any additional compensation for assuming this role.

What post-separation support will David Bochenek provide to Sinclair (SBGI)?
Following his November 9, 2026 separation date, David Bochenek has agreed to make himself available through the filing of Sinclair, Inc.’s 2026 Form 10-K to answer questions or address issues related to that annual report.

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

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Understanding 8-K Material Events →
false000197121300019712132026-08-242026-08-24

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 
Form 8-K
 
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
August 24, 2026
Date of Report (Date of earliest event reported)
 
Sinclair, Inc.
(Exact name of registrant as specified in its charter)
Maryland333-27107292-1076143
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
 
10706 Beaver Dam Road Hunt Valley, MD  21030
(Address of principal executive offices and zip code)
 
(410) 568-1500
(Registrants' telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Sinclair, Inc.
Title of each classTrading SymbolName of each exchange on which registered
Class A Common Stock, par value $ 0.01 per shareSBGIThe NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 24, 2026, Sinclair, Inc. (the “Company”) determined that David Bochenek, the Company’s Senior Vice President and Chief Accounting Officer will separate from employment with the Company effective as of November 9, 2026 (such date, the “Separation Date”). Mr. Bochenek will remain the Senior Vice President and Chief Accounting Officer and will assist the Company with transitional matters through the Separation Date.

In connection with his separation, the Company and Mr. Bochenek entered into a Transition and Separation Agreement (the “Separation Agreement”) pursuant to which the parties agreed that Mr. Bochenek will be entitled to receive the severance benefits provided under his employment agreement with the Company dated May 22, 2019 for a termination of his employment by the Company without cause, which severance benefits are as follows:

•within thirty (30) days after the Separation Date, payment of annual base salary through November 30, 2026;
•a payment in respect of unutilized vacation time that has accrued through the Separation Date;
•a cash lump sum equal to 24 months of his then-current annual base salary; and
•benefits, if any, applicable to Mr. Bochenek under any applicable existing equity award agreement upon the terms and conditions set forth therein.

In addition, Mr. Bochenek will receive a bonus payment of approximately $66,000 (the “Bonus Payment”), paid over the six (6) month period following the Separation Date; provided he executes and does not revoke a waiver and release of claims in favor of the Company, and he complies with the waiver and release of claims and the non-competition, non-solicitation, non-disclosure and non-disparagement covenants described in the Separation Agreement.

Subject to the approval of the compensation committee of the Board of Directors of the Company, simultaneous with the execution of the waiver and release of claims, the Company and Mr. Bochenek shall also enter into an amendment (the “SARs Amendment”) to each outstanding award of stock appreciation rights (“SARs”) held by Mr. Bochenek granted under the Company’s 2022 Stock Incentive Plan (the “SARs Plan”) to extend the post-termination exercise period of the SARs to the ten (10)-year expiration date of the SARs; provided that Mr. Bochenek does not revoke the waiver and release of claims, and he complies with the waiver and release of claims and the non-competition, non-solicitation, non-disclosure and non-disparagement covenants described in the Separation Agreement.

Following the Separation Date through the date on which the Company files its annual report on Form 10-K for the 2026 fiscal year (the “2026 Form 10-K”), Mr. Bochenek has agreed to make himself available to answer any questions or address any issues in respect of the 2026 Form 10-K.

Mr. Bochenek is the Company’s principal accounting officer and, in connection with his departure, Narinder Sahai, the Company’s Executive Vice President and Chief Financial Officer, will be the Company’s principal accounting officer effective as of the Separation Date. Mr. Sahai will not receive any additional compensation in connection with his service as the Company’s principal accounting officer.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.Description
104Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SINCLAIR, INC.


By: /s/ Narinder K. Sahai
        
Name:    Narinder K. Sahai
Title:    Executive Vice President / Chief Financial Officer
Dated: August 28, 2026


Source: View Original Filing on SEC EDGAR

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