Sinclair director Robert E. Smith sells 150,000 shares

Q: How many SBGI shares did Robert E. Smith sell?

Four entries coded as sales total 150,000 Class A shares on November 6, 2026, at $13.6575, $13.6517, $13.5919 and $13.6240 per share. A separate 50,000-share entry is coded as an acquisition, although its transaction description calls it a sale.

Q: How did Robert E. Smith convert SBGI shares?

Smith converted 85,192 Class B shares into 85,192 Class A shares on a one-for-one basis, with no additional consideration.

The share-class conversion involved no additional consideration; the Class A sales were reported as separate transactions.

Available on EDGAR 11/10/2026 - 08:12 PM EST Accepted by SEC EDGAR 11/10/2026 - 08:11 PM EST

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Form Type

Rhea-AI Filing Summary

Sinclair, Inc. (SBGI) reported that director and ten percent owner Robert E. Smith converted 85,192 Class B shares into 85,192 Class A shares on November 6, 2026, on a one-for-one basis with no additional consideration. The transaction data reports four Class A sale entries totaling 150,000 shares, priced at $13.6575, $13.6517, $13.5919 and $13.6240 per share; no Rule 10b5-1 plan is reported.

A separate 50,000-share Class A entry at $13.6343 per share is coded as an acquisition, although its transaction description calls it a sale.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 7 txns

Insider SMITH ROBERT E

Role Director, 10% Owner

Sold 200,000 shs ($2.73M)

Approx. gross sale proceeds $2.73M

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock ^{F1, F2, F3, F4, F5}	85,192	$0.00	$0.00
Conversion	Class A Common Stock ^{F1, F3, F5}	85,192	$0.00	$0.00
Sale	Class A Common Stock ^{F3, F5}	50,000	$13.6575	$683K
Sale	Class A Common Stock ^{F3, F5}	50,000	$13.6517	$683K
Sale	Class A Common Stock ^{F3, F5}	14,808	$13.5919	$201K
Sale	Class A Common Stock ^{F3, F5}	35,192	$13.624	$479K
Sale	Class A Common Stock ^{F3, F5}	50,000	$13.6343	$682K

Holdings After Transaction: Class B Common Stock — 5,973,162 shares (Direct); Class A Common Stock — 0 shares (Direct)

Holdings Before and After: Class B Common Stock, 6,058,354 to 5,973,162 shares (Direct)

Footnotes (5)

F1. Represents the voluntary conversion of 85,192 shares of Class B Common Stock into 85,192 shares of Class A Common Stock on a one-for-one basis pursuant to the Company's governing documents. No additional consideration was paid in connection with the conversion.
F2. The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
F3. The Reporting Person also owns (i) 1,070.602952 shares of Class A Common Stock held in a 40l(k) unitized stock fund; and (ii) 79,803.5 shares of Class A Common Stock. The Reporting Person also indirectly owns (i) 121,750 shares of Class B Common Stock held in an irrevocable trust f/b/o family members; and (ii) 4,000 shares of Class A Common Stock in accounts held by or with members of the Reporting Person's immediate family.
F4. Prior to giving effect to all of the transactions reported on this Form 4, the Reporting Person also directly owned 114,808 shares of Class A Common Stock.
F5. After giving effect to all of the transactions reported on this Form 4, the Reporting Person shall own 0 shares of Class A Common Stock.

Key Figures

Class B shares converted: 85,192 shares Class A shares received in conversion: 85,192 shares Class A shares in entries coded as sales: 150,000 shares +5 more

8 metrics

Class B shares converted 85,192 shares November 6, 2026

Class A shares received in conversion 85,192 shares November 6, 2026

Class A shares in entries coded as sales 150,000 shares Four entries dated November 6, 2026

Class A sale entry 50,000 shares at $13.6575 per share November 6, 2026

Class A sale entry 50,000 shares at $13.6517 per share November 6, 2026

Class A sale entry 14,808 shares at $13.5919 per share November 6, 2026

Class A sale entry 35,192 shares at $13.6240 per share November 6, 2026

Class A entry with conflicting coding 50,000 shares at $13.6343 per share Coded as an acquisition; transaction description calls it a sale

Key Terms

voluntary conversion, one-for-one basis, irrevocable trust, unitized stock fund

4 terms

voluntary conversion technical

"Represents the voluntary conversion"

one-for-one basis technical

"on a one-for-one basis"

irrevocable trust financial

"held in an irrevocable trust"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

unitized stock fund financial

"shares of Class A Common Stock held in a 40l(k) unitized stock fund"

FAQ

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

How many SBGI shares did Robert E. Smith sell?

Four entries coded as sales total 150,000 Class A shares on November 6, 2026, at $13.6575, $13.6517, $13.5919 and $13.6240 per share. A separate 50,000-share entry is coded as an acquisition, although its transaction description calls it a sale.

How did Robert E. Smith convert SBGI shares?

Smith converted 85,192 Class B shares into 85,192 Class A shares on a one-for-one basis, with no additional consideration.

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

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH ROBERT E

(Last)

(First)

(Middle)

10706 BEAVER DAM ROAD

(Street)

COCKEYSVILLE

MARYLAND

21030

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sinclair, Inc. [ SBGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/06/2026		C⁽¹⁾		85,192	A	$0	200,000⁽³⁾⁽⁵⁾	D
Class A Common Stock	11/06/2026		S		50,000	D	$13.6575	150,000⁽³⁾⁽⁵⁾	D
Class A Common Stock	11/06/2026		S		50,000	D	$13.6517	100,000⁽³⁾⁽⁵⁾	D
Class A Common Stock	11/06/2026		S		14,808	D	$13.5919	85,192⁽³⁾⁽⁵⁾	D
Class A Common Stock	11/06/2026		S		35,192	D	$13.624	50,000⁽³⁾⁽⁵⁾	D
Class A Common Stock	11/06/2026		S		50,000	A	$13.6343	0⁽³⁾⁽⁵⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	$0	11/06/2026		C⁽¹⁾			85,192	⁽²⁾	⁽²⁾	Class B Common Stock	85,192	$0	5,973,162⁽³⁾⁽⁴⁾⁽⁵⁾	D

Explanation of Responses:

1. Represents the voluntary conversion of 85,192 shares of Class B Common Stock into 85,192 shares of Class A Common Stock on a one-for-one basis pursuant to the Company's governing documents. No additional consideration was paid in connection with the conversion.

2. The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.

3. The Reporting Person also owns (i) 1,070.602952 shares of Class A Common Stock held in a 40l(k) unitized stock fund; and (ii) 79,803.5 shares of Class A Common Stock. The Reporting Person also indirectly owns (i) 121,750 shares of Class B Common Stock held in an irrevocable trust f/b/o family members; and (ii) 4,000 shares of Class A Common Stock in accounts held by or with members of the Reporting Person's immediate family.

4. Prior to giving effect to all of the transactions reported on this Form 4, the Reporting Person also directly owned 114,808 shares of Class A Common Stock.

5. After giving effect to all of the transactions reported on this Form 4, the Reporting Person shall own 0 shares of Class A Common Stock.

	Anastasia Thomas Nardangeli, Esq., on behalf of Robert E. Smith, by Power of Attorney	11/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR