Sinclair CEO has shares withheld for tax payment
Sinclair, Inc. President & CEO Christopher Ripley reported a Form 4 transaction where 114,206 shares of Class A Common Stock were withheld on February 28, 2026 to satisfy his tax liability, at a value of $16.34 per share.
Rhea-AI Filing Summary
Sinclair, Inc. President & CEO Christopher Ripley reported a Form 4 transaction where 114,206 shares of Class A Common Stock were withheld on February 28, 2026 to satisfy his tax liability, at a value of $16.34 per share. This was recorded as a tax-withholding disposition rather than an open-market sale. After this withholding, he directly held 860,885 shares of Class A Common Stock, and he also beneficially owned additional shares through a revocable trust and a 401(k) unitized stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 114,206 | $16.34 | $1.87M |
Footnotes (2)
- F1. Designates withholding of shares to satisfy the Reporting Person's tax liability.
- F2. Common Stock issued as Restricted Stock. The Reporting Person also owns 365,747 shares of Class A Common Stock held in a revocable trust for which the Reporting Person serves as a co-trustee and 5,561.263044 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.
What insider transaction did Sinclair (SBGI) report for Christopher Ripley?
What does transaction code F mean in Sinclair (SBGI) CEO’s Form 4?
What additional Sinclair (SBGI) holdings are disclosed for Christopher Ripley?
AI-generated analysis. How Rhea-AI works. Not financial advice.