Sinclair SVP has 2,652 shares withheld for taxes
Sinclair, Inc. senior vice president and treasurer Justin LeRoy Bray reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Sinclair, Inc. senior vice president and treasurer Justin LeRoy Bray reported a routine tax-related share disposition. On March 8, 2,652 shares of Class A Common Stock were withheld at $15.60 per share to cover taxes on 5,635 vested restricted shares. After this withholding, he directly held 51,314 Class A shares, in addition to other company shares held through a 401(k) and an employee stock purchase plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 2,652 | $15.60 | $41K |
Footnotes (4)
- F1. The first vesting date of restricted shares granted to the Reporting Person on March 8, 2024.
- F2. Designates withholding of shares to satisfy the Reporting Person's tax liability.
- F3. The total number of shares released to the Reporting Person was 5,635 shares of Class A Common Stock issued as Restricted Stock of which 2,652 shares were withheld by the issuer to satisfy the Reporting Person's tax liability.
- F4. Common Stock issued as Restricted Stock. Reporting Person also owns 1,079 shares of Class A Common Stock, 6,904.578205 shares of Class A Common Stock held in a 401(k)unitized stock fund and 3,822.19 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
FAQ
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What insider transaction did Sinclair (SBGI) report for Justin LeRoy Bray?
What restricted stock event triggered the tax withholding for Sinclair’s SVP?
Was the Sinclair (SBGI) insider transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.