Sinclair COO exercises options, adjusts share stake
Sinclair, Inc. executive Robert Weisbord, COO & President of Local Media, exercised stock options to acquire a total of 169,057 shares of Class A Common Stock on February 27, 2026, at exercise prices of $15.97 and $13.31 per share.
Rhea-AI Filing Summary
Sinclair, Inc. executive Robert Weisbord, COO & President of Local Media, exercised stock options to acquire a total of 169,057 shares of Class A Common Stock on February 27, 2026, at exercise prices of $15.97 and $13.31 per share. On the same date, 153,468 shares were disposed of to the issuer and for tax withholding at prices reported around $16.29 per share, reflecting option exercise costs and tax obligations rather than open-market sales. Following these transactions, he directly holds 299,316 Class A shares, of which 294,525 are restricted stock, plus additional shares held in a 401(k) unitized stock fund and an employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock | 93,926 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 75,131 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 93,926 | $15.97 | $1.50M |
| Disposition | Class A Common Stock | 92,081 | $16.29 | $1.50M |
| Exercise Price or Tax Liability | Class A Common Stock | 726 | $16.29 | $12K |
| Exercise | Class A Common Stock | 75,131 | $13.31 | $1000K |
| Disposition | Class A Common Stock | 61,387 | $16.29 | $1000K |
| Exercise Price or Tax Liability | Class A Common Stock | 5,408 | $16.29 | $88K |
Footnotes (3)
- F1. Designates exercise of derivitive security.
- F2. Class A Common Stock, of which 294,525 shares are issued as Restricted Stock. The Reporting Person also owns 7,942.1457 shares of Class A Common Stock held in a 401 (k) unitized stock fund and 14,803.1 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
- F3. Designates withholding of shares to satisfy the Reporting Person's tax liability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sinclair (SBGI) executive Robert Weisbord report in this Form 4?
Were Robert Weisbord’s Sinclair (SBGI) transactions open-market buys or sales?
What do the tax-withholding entries mean in Robert Weisbord’s Sinclair (SBGI) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.