Sinclair (NASDAQ: SBGI) awards director 17,095 Class A incentive shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH ROBERT E reported acquisition or exercise transactions in this Form 4 filing.
Sinclair, Inc. director and significant shareholder Robert E. Smith received an award of 17,095 shares of Class A Common Stock on June 4, 2026. The shares were issued at $0.00 per share pursuant to a Stock Incentive Plan, indicating compensation rather than a market purchase.
Following this grant, Smith directly holds 114,808 shares of Class A Common Stock. This filing reflects a routine equity compensation award and does not report any open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SMITH ROBERT 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 — 114,808 shares (Direct, null)
Footnotes (1)
- Issued pursuant to Stock Incentive Plan. N/A
Key Figures
Equity award size: 17,095 shares
Award price per share: $0.00 per share
Shares held after transaction: 114,808 shares
+1 more
4 metrics
Equity award size
17,095 shares
Class A Common Stock grant on June 4, 2026
Award price per share
$0.00 per share
Stock Incentive Plan grant
Shares held after transaction
114,808 shares
Robert E. Smith direct Class A holdings post-grant
Transaction code
A (Grant, award, or other acquisition)
Non-derivative Class A Common Stock
Key Terms
Class A Common Stock, Stock Incentive Plan, Grant, award, or other acquisition, Form 4
4 terms
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Sinclair (SBGI) insider Robert E. Smith report in this Form 4?
Robert E. Smith reported receiving 17,095 shares of Sinclair Class A Common Stock as an equity award. The shares were issued at no cost under a Stock Incentive Plan, increasing his direct holdings to 114,808 shares after the transaction.
Was the Sinclair (SBGI) Form 4 transaction a market buy or sell?
The Form 4 reports a grant, not a market buy or sell. Smith received 17,095 Class A shares at a price of $0.00 per share under a Stock Incentive Plan, so no open-market trading activity occurred in this filing.
What is the size of the equity award reported for Sinclair (SBGI) director Robert E. Smith?
The equity award totaled 17,095 shares of Sinclair Class A Common Stock. These shares were issued at $0.00 per share as compensation pursuant to a Stock Incentive Plan, rather than being purchased on the open market by the reporting person.
Does the Sinclair (SBGI) Form 4 mention a Stock Incentive Plan?
Yes. A footnote explains the 17,095-share grant was issued pursuant to a Stock Incentive Plan. This clarifies the transaction is a compensation-related award, not an open-market acquisition or sale, and aligns with routine equity incentives for insiders.