Sinclair insider reports share transactions in trusts
Footnotes also list Smith's 3,000,000 Class B shares and 189,000 Class A shares held directly, plus 17,801.567198 Class A shares in a 401(k) fund.
Rhea-AI Filing Summary
Sinclair, Inc. (SBGI) Vice President, director and ten-percent owner Frederick G. Smith reported September 21, 2026 transactions in Class A common stock held indirectly through three trusts: the AFS 2025, Series I Irrevocable Trust; the JRS 2025, Series I Irrevocable Trust; and the EGS 2025, Series I Irrevocable Trust. The first two rows report sales of 100 shares each at $13.5050 and $13.5000 per share. The EGS trust row lists 992 shares at $13.5061 per share, but records an acquisition direction while describing the action as a sale.
The reported post-transaction positions were 99,900 shares in each of the AFS and JRS trusts and 99,008 shares in the EGS trust. Footnotes state that Smith exercised a right to substitute trust corpus and withdrew shares for the benefit of his child. They also report that he directly owns 3,000,000 Class B shares and 189,000 Class A shares, plus 17,801.567198 Class A shares held in a 401(k) unitized stock fund. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 100 | $13.505 | $1K |
| Sale | Class A Common Stock F1, F2, F3 | 100 | $13.50 | $1K |
| Sale | Class A Common Stock F1, F2, F3 | 992 | $13.5061 | $13K |
Footnotes (3)
- F1. The Reporting Person exercised his right to substitute the corpus of the trust and withdrew the shares from the trust f/b/o the Reporting Person's child.
- F2. The Reporting person also directly owns 3,000,000 shares of Class B Common Stock and 189,000 shares of Class A Common Stock, and he owns 17,801.567198 shares of Class A Common Stock held in a 401(k) unitized stock fund.
- F3. The Reporting Person has the right to substitute the corpus of the trust.
Key Figures
Key Terms
Class A Common Stock technical
Irrevocable Trust technical
corpus of the trust technical
unitized stock fund financial
FAQ
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Were Frederick G. Smith's SBGI transactions made under a Rule 10b5-1 plan?
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