Sinclair, Inc. (SBGI) director receives 17,095-share Class A stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Legg Benson E reported acquisition or exercise transactions in this Form 4 filing.
Sinclair, Inc. director Benson E. Legg received a stock award, increasing his direct holdings. On June 4, 2026, he was granted 17,095 shares of Class A Common Stock at $0.00 per share under a Stock Incentive Plan. Following this compensation grant, he directly owns 56,760 shares of Sinclair Class A Common Stock. The transaction reflects an equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Legg Benson E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,095 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 56,760 shares (Direct, null)
Footnotes (1)
- Issued pursuant to Stock Incentive Plan. N/A
Key Figures
Shares granted: 17,095 shares
Grant price per share: $0.00 per share
Shares held after grant: 56,760 shares
3 metrics
Shares granted
17,095 shares
Class A Common Stock award on June 4, 2026
Grant price per share
$0.00 per share
Equity compensation under Stock Incentive Plan
Shares held after grant
56,760 shares
Director’s direct holdings following the award
Key Terms
Stock Incentive Plan, Class A Common Stock, Grant, award, or other acquisition
3 terms
Stock Incentive Plan financial
"Issued pursuant to Stock Incentive Plan."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""