Sinclair (SBGI) COO gets large stock grant, shares withheld for taxes
Rhea-AI Filing Summary
Sinclair, Inc. executive Robert Weisbord, COO & President of Local Media, reported mixed equity transactions in Class A Common Stock. He received a grant of 111,833 shares of restricted stock at no cost, which vests 50% on February 26, 2027 and 50% on February 26, 2028. On the same date, 44,120 shares were disposed of through share withholding at a price of $13.86 per share to cover his tax liability, rather than an open-market sale. Following these transactions, he directly owned 294,525 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 67,713 shares
Net Buy
2 txns
Insider
Weisbord Robert
Role
COO & President of Local Media
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 111,833 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 44,120 | $13.86 | $612K |
Holdings After Transaction:
Class A Common Stock — 294,525 shares (Direct)
Footnotes (4)
- F1. Common Stock issued as Restricted Stock, which vests 50% on February 26, 2027 and 50% on February 26, 2028.
- F2. N/A
- F3. Common Stock issued as Restricted Stock. The Reporting Person also owns 6869.917741 shares of Class A Common Stock held in a 401(k) unitized stock fund and 14,803.1 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
- F4. Designates withholding of shares to satisfy the Reporting Person's tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Sinclair (SBGI) executive Robert Weisbord report?
Robert Weisbord reported a grant of 111,833 restricted Class A shares and a disposition of 44,120 shares for tax withholding. Both transactions occurred on February 26, 2026 and involved Sinclair, Inc. Class A Common Stock.
What restricted stock grant did Sinclair (SBGI) award to Robert Weisbord?
Sinclair awarded Robert Weisbord 111,833 shares of Class A Common Stock as restricted stock. The award vests in two equal installments, 50% on February 26, 2027 and the remaining 50% on February 26, 2028.