Sinclair (SBGI) COO gets large stock grant, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
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 | -- |
| Tax Withholding | Class A Common Stock | 44,120 | $13.86 | $612K |
Holdings After Transaction:
Class A Common Stock — 338,645 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 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. Designates withholding of shares to satisfy the Reporting Person's tax liability.
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.