Sinclair, Inc. (SBGI) SVP awarded 22,564 shares, withholds for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sinclair, Inc. senior vice president and chief accounting officer David R. Bochenek reported an equity compensation grant and related tax withholding in Class A Common Stock. He received 22,564 shares as restricted stock that vest 50% on February 26, 2027 and 50% on February 26, 2028.
To cover tax obligations, 11,048 shares were withheld at a price of $13.86 per share, reducing his directly held Class A Common Stock to 26,198 shares. Footnotes state he also owns 5,954 shares in a revocable trust and about 3,539.055591 shares through a 401(k) unitized stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BOCHENEK DAVID R
Role
SVP/Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,564 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 11,048 | $13.86 | $153K |
Holdings After Transaction:
Class A Common Stock — 37,246 shares (Direct)
Footnotes (1)
- Common Stock issued as Restricted Stock, which vests 50% on February 26, 2027 and 50% on February 26, 2028. N/A Common Stock issued as Restricted Stock. The Reporting Person also owns 5,954 shares of Class A Common Stock in a revocable trust and 3,539.055591 shares of Class A Common Stock held in a 401(k) unitized stock fund. Designates withholding of shares to satisfy the Reporting Person's tax liability.
FAQ
What stock transactions did Sinclair (SBGI) executive David R. Bochenek report?
David R. Bochenek reported receiving 22,564 shares of Sinclair Class A Common Stock as restricted stock and a withholding of 11,048 shares to satisfy tax liabilities, leaving him with 26,198 directly held shares after the transactions.
What type of Form 4 transaction codes were used in the Sinclair (SBGI) filing?
The filing shows an “A” code for the 22,564-share grant, representing a grant, award, or other acquisition. It also shows an “F” code for 11,048 shares, designating share withholding to pay the exercise price or related tax liabilities.