STOCK TITAN

Trust linked to Sinclair (SBGI) director sells 42,000 Class A shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sinclair, Inc. director Daniel C. Keith, through The Daniel C. Keith and Jessica P. Keith Trust, reported three open-market sales of Class A Common Stock in late March and early April 2026. The trust sold 42,000 shares across these transactions at weighted average prices around $13 per share.

After these sales, the trust indirectly holds 25,027 shares of Class A Common Stock for the benefit of Keith, his spouse, and family, with Keith serving as trustee and exercising voting and investment power over the securities.

Positive

  • None.

Negative

  • None.
Insider KEITH DANIEL C
Role Director
Sold 42,000 shs ($550K)
Type Security Shares Price Value
Sale Class A Common Stock 22,613 $13.1025 $296K
Sale Class A Common Stock 1,398 $13.10 $18K
Sale Class A Common Stock 17,989 $13.1037 $236K
Holdings After Transaction: Class A Common Stock — 25,027 shares (Indirect, By The Daniel C. Keith and Jessica P. Keith Trust)
Footnotes (1)
  1. The sale price is a weighted average for the sale reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares at each price. The range of prices for the sale was $13.035-$12.46. After giving effect to the transactions reported on this Form 4, the Reporting Person indirectly owns 25,027 shares of Class A Common Stock. Class A Common Stock, of which the reporting person and the reporting person's spouse are the beneficiaries. The reporting person serves as a co-trustee of the trust and exercises shared voting and investment power over the securities held therein. The Reporting Person and the Reporting Person's family are the beneficiaries of the trust, and the Reporting Person serves as a trustee of the trust and exercises voting and investment power over the securities held therein. The sale price is a weighted average for the sale reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares at each price. The range of prices for the sale was $12.90-$13.06. The sale price is a weighted average for the sale reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares at each price. The range of prices for the sale was $12.83-$13.01.
Total shares sold 42,000 shares Open-market sales of Class A Common Stock across three transactions
Sale on 2026-04-02 22,613 shares at $13.1025/share Non-derivative open-market sale, indirect trust ownership
Sale on 2026-04-01 1,398 shares at $13.10/share Non-derivative open-market sale, indirect trust ownership
Sale on 2026-03-31 17,989 shares at $13.1037/share Non-derivative open-market sale, indirect trust ownership
Indirect holdings after trades 25,027 shares Class A Common Stock indirectly owned via trust after reported transactions
Reported price range (transaction set 1) $13.035–$13.46/share Weighted average sale price range disclosed in footnote F1
Reported price range (transaction set 2) $12.90–$13.06/share Weighted average sale price range disclosed in footnote F5
Reported price range (transaction set 3) $12.83–$13.01/share Weighted average sale price range disclosed in footnote F6
Class A Common Stock financial
"The trust sold 42,000 shares of Class A Common Stock across the transactions."
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.
open-market sale financial
"Each transaction is classified as an open-market sale of non-derivative equity."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"The sale price is a weighted average for the sale reported, with ranges disclosed."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
voting and investment power financial
"The reporting person serves as trustee and exercises voting and investment power over the securities."
indirectly owns financial
"After these transactions, the reporting person indirectly owns 25,027 shares of Class A Common Stock."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KEITH DANIEL C

(Last)(First)(Middle)
102 W PENNSYLVANIA AVE
STE 501

(Street)
TOWSON MARYLAND 21204

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sinclair, Inc. [ SBGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock03/31/2026S17,989D$13.1037(1)49,038(2)(3)IBy The Daniel C. Keith and Jessica P. Keith Trust(4)
Class A Common Stock04/01/2026S1,398D$13.1(5)47,640(2)(3)IBy The Daniel C. Keith and Jessica P. Keith Trust(4)
Class A Common Stock04/02/2026S22,613D$13.1025(6)25,027(3)IBy The Daniel C. Keith and Jessica P. Keith Trust(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale price is a weighted average for the sale reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares at each price. The range of prices for the sale was $13.035-$12.46.
2. After giving effect to the transactions reported on this Form 4, the Reporting Person indirectly owns 25,027 shares of Class A Common Stock.
3. Class A Common Stock, of which the reporting person and the reporting person's spouse are the beneficiaries. The reporting person serves as a co-trustee of the trust and exercises shared voting and investment power over the securities held therein.
4. The Reporting Person and the Reporting Person's family are the beneficiaries of the trust, and the Reporting Person serves as a trustee of the trust and exercises voting and investment power over the securities held therein.
5. The sale price is a weighted average for the sale reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares at each price. The range of prices for the sale was $12.90-$13.06.
6. The sale price is a weighted average for the sale reported. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares at each price. The range of prices for the sale was $12.83-$13.01.
Anastasia Thomas Nardangeli, Esq., on behalf of Daniel C. Keith, by Power of Attorney04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Sinclair (SBGI) report for Daniel C. Keith?

Sinclair reported that a trust associated with director Daniel C. Keith executed three open-market sales totaling 42,000 shares of Class A Common Stock between 2026-03-31 and 2026-04-02 at weighted average prices near $13 per share.

At what prices were the recent Sinclair (SBGI) insider sales executed?

The reported insider sales occurred at weighted average prices per share of about $13.10, with disclosed price ranges between $12.83 and $13.06, and additional ranges of $12.90–$13.06 and $13.035–$13.46, according to the transaction footnotes.

How many Sinclair (SBGI) shares does Daniel C. Keith’s trust hold after these sales?

After the reported transactions, the filing states that the reporting person indirectly owns 25,027 shares of Sinclair’s Class A Common Stock through The Daniel C. Keith and Jessica P. Keith Trust, where Keith serves as trustee with voting and investment power.

Who actually sold the Sinclair (SBGI) shares in the recent Form 4 filing?

The sales were executed by The Daniel C. Keith and Jessica P. Keith Trust, not by Daniel C. Keith personally. Keith is a co-trustee or trustee, and the trust holds shares for the benefit of him, his spouse, and family, with shared or sole voting and investment power.

What type of transaction did the Sinclair (SBGI) Form 4 describe?

The Form 4 describes open-market sale transactions, coded as “S”, in Sinclair’s Class A Common Stock. These are non-derivative equity sales executed in the market, rather than option exercises, gifts, or tax-withholding events, according to the transaction code descriptions.