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Sinclair (SBGI) EVP has 11,056 shares withheld to cover taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sinclair, Inc. executive vice president and chief legal officer David B. Gibber reported a tax-related stock transaction involving the company’s Class A Common Stock. On March 8, 2026, 11,056 shares were withheld by the issuer at $15.60 per share to satisfy his tax liability upon vesting of restricted stock.

A footnote explains that 22,540 shares of Class A Common Stock were released to him as restricted stock on that vesting date, with part of that award withheld for taxes. After the withholding transaction, he directly owned 213,072 shares of Class A Common Stock. The filing also states he holds additional Class A Common Stock through a 401(k) unitized fund and an employee stock purchase plan, and has stock appreciation rights on further shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Gibber David B

(Last) (First) (Middle)
10706 BEAVER DAM ROAD

(Street)
HUNT VALLEY MD 21030

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sinclair, Inc. [ SBGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 03/08/2026(1) F(2) 11,056(3) D $15.6 213,072(4) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The first vesting date of restricted shares granted to the Reporting Person on March 8, 2024.
2. Designates withholding of shares to satisfy the Reporting Person's tax liability.
3. The total number of shares released to the Reporting Person was 22,540 shares of Class A Common Stock issued as Restricted Stock of which 11,056 shares were withheld by the issuer to satisfy the Reporting Person's tax liability.
4. Common Stock issued as Restricted Stock. The Reporting Person also owns 4,656.006471 shares of Class A Common Stock held in a 401(k) unitized stock fund, 396.777 shares of Class A Common Stock held in an Employee Stock Purchase Plan, and 307,707 shares of Class A Common Stock issued as Stock Appreciation Rights.
Remarks:
Due to the vesting date falling on a Sunday and administrative processing following the subsequent business day, this filing is being made on March 11, 2026.
Anastasia Thomas Nardangeli, Esq., on behalf of David B. Gibber, by Power of Attorney 03/11/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Sinclair (SBGI) report for David B. Gibber?

Sinclair, Inc. reported that executive vice president and chief legal officer David B. Gibber had 11,056 shares of Class A Common Stock withheld for taxes. This tax-withholding disposition occurred in connection with a vesting of restricted stock, rather than an open-market sale.

How many Sinclair (SBGI) shares were involved in David Gibber’s tax withholding?

The filing shows 11,056 shares of Sinclair Class A Common Stock were withheld to cover David B. Gibber’s tax liability. The shares were valued at $15.60 each, according to the reported transaction price per share in the document.

What restricted stock vesting did Sinclair (SBGI) disclose for David Gibber?

Sinclair disclosed that 22,540 shares of Class A Common Stock were released to David B. Gibber as restricted stock. This represented the first vesting date of restricted shares originally granted to him on March 8, 2024, according to the footnotes in the filing.

How many Sinclair (SBGI) shares does David Gibber hold after this Form 4 transaction?

After the tax-withholding transaction, David B. Gibber directly owned 213,072 shares of Sinclair Class A Common Stock. The filing also notes additional holdings in a 401(k) unitized stock fund, an employee stock purchase plan, and stock appreciation rights on further shares.

Was David Gibber’s Sinclair (SBGI) transaction an open-market sale or tax withholding?

The transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by Sinclair to satisfy David B. Gibber’s tax liability arising from the vesting of restricted stock, as explicitly described in the transaction code and accompanying footnotes.

What other Sinclair (SBGI) equity interests does David Gibber hold beyond direct shares?

The filing states David B. Gibber also owns Sinclair Class A Common Stock through a 401(k) unitized stock fund and an Employee Stock Purchase Plan, and holds stock appreciation rights covering additional shares, supplementing his directly owned common stock position.
Sinclair

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