Sinclair (SBGI) director gets 17,095-share stock incentive grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sinclair, Inc. director Daniel C. Keith reported an indirect acquisition of 17,095 shares of Class A Common Stock. The shares were granted at $0.00 per share under a Stock Incentive Plan to The Daniel C. Keith and Jessica P. Keith Trust, where he serves as co-trustee. Following this award, the trust holds 42,122 shares over which he shares voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KEITH DANIEL C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,095 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 42,122 shares (Indirect, By The Daniel C. Keith and Jessica P. Keith Trust)
Footnotes (1)
- Issued pursuant to Stock Incentive Plan. N/A 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.
Key Figures
Shares granted: 17,095 shares
Grant price: $0.00 per share
Indirect holdings after grant: 42,122 shares
+2 more
5 metrics
Shares granted
17,095 shares
Class A Common Stock grant to family trust
Grant price
$0.00 per share
Award issued under Stock Incentive Plan
Indirect holdings after grant
42,122 shares
Trust holdings after June 4, 2026 award
Transaction date
June 4, 2026
Date of non-derivative stock award
Transaction code
A
Grant, award, or other acquisition
Key Terms
Stock Incentive Plan, Class A Common Stock, indirect ownership, co-trustee, +1 more
5 terms
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.
Class A Common Stock financial
"Class A Common Stock, of which the reporting person and the reporting person's spouse are the beneficiaries."
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.
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect, nature_of_ownership: By The Daniel C. Keith and Jessica P. Keith Trust"
co-trustee financial
"The reporting person serves as a co-trustee of the trust and exercises shared voting and investment power."
voting and investment power financial
"exercises shared voting and investment power over the securities held therein."
FAQ
What did Sinclair (SBGI) director Daniel C. Keith report on this Form 4?
Daniel C. Keith reported an indirect acquisition of 17,095 Sinclair Class A shares. The shares were granted at no cost under a Stock Incentive Plan to a family trust where he is co-trustee and beneficiary.
How is Daniel C. Keith’s ownership in Sinclair (SBGI) characterized in this filing?
His reported ownership is indirect through The Daniel C. Keith and Jessica P. Keith Trust. He serves as a trustee, with shared voting and investment power, and his family members are beneficiaries of the trust holding the Sinclair Class A shares.
Does the Form 4 for Sinclair (SBGI) mention any derivative securities for Daniel C. Keith?
No derivative securities are listed for Daniel C. Keith in this Form 4. The filing only reports a non-derivative grant of Class A Common Stock to the family trust, with no option or warrant positions shown in the derivative summary.