Sinclair EVP granted 75,758 restricted shares
Gibber David B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gibber David B reported acquisition or exercise transactions in this Form 4 filing.
Sinclair, Inc. executive David B. Gibber, EVP & Chief Legal Officer, reported receiving a grant of 75,758 shares of Class A Common Stock as restricted stock at a stated price of $0.00 per share.
The award vests in two equal installments, with 50% vesting on February 26, 2027 and the remaining 50% on February 26, 2028. Following this grant, Gibber directly holds 241,030 Class A shares. Footnote disclosures state he also holds additional Class A exposure through a 401(k) unitized stock fund, an Employee Stock Purchase Plan, and stock appreciation rights, separate from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 75,758 | $0.00 | $0.00 |
Footnotes (3)
- F1. Common Stock issued as Restricted Stock, which vests 50% on February 26, 2027 and 50% on February 26, 2028.
- F2. N/A
- F3. Common Stock issued as Restricted Stock. The Reporting Person also owns 4,656.006471 shares of Class A Common Stock held in a 401(k) unitized stock fund, 396.777 shares of Class A Common Stock held in an Employee Stock Purchase Plan, and 307,707 shares of Class A Common Stock issued as Stock Appreciation Rights, 52,600 shares of which shall vest on March 8, 2026.
FAQ
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What did Sinclair (SBGI) executive David B. Gibber report in this Form 4?
What additional Sinclair (SBGI) equity interests are disclosed for David B. Gibber?
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