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Sinclair's Frederick G. Smith reports share transfers

The AFS trust distribution was described as changing the form of Smith's beneficial ownership without changing his pecuniary interest.

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Form Type
4

Rhea-AI Filing Summary

Sinclair, Inc. (SBGI) reported three indirect dispositions and three direct acquisitions involving 48,000 Class A Common Stock shares each by Vice President, director and ten-percent owner Frederick G. Smith on September 30, 2026. The shares were valued at $12.76 per share, using the September 29 closing price. Smith received shares from the AFS trust on September 23, 2026, as an in-kind distribution satisfying an annuity payment; this changed his beneficial ownership from indirect to direct without changing his pecuniary interest. Upon completion of all transactions, he shall own 333,000 Class A shares.

Insider SMITH FREDERICK G
Role Vice President
Type Security Shares Price Value
Other Class A Common Stock F1, F2, F3, F4, F5 48,000 $12.76 $612K
Other Class A Common Stock F1, F2, F3, F4 48,000 $12.76 $612K
Other Class A Common Stock F1, F2, F3, F4, F5 48,000 $12.76 $612K
Other Class A Common Stock F1, F2, F3, F4 48,000 $12.76 $612K
Other Class A Common Stock F1, F2, F3, F4, F5 48,000 $12.76 $612K
Other Class A Common Stock F1, F2, F4 48,000 $12.76 $612K
Holdings After Transaction: Class A Common Stock — 51,900 shares (Indirect, Frederick G. Smith AFS 2025, Series I Irrevocable Trust); Class A Common Stock — 51,900 shares (Indirect, Frederick G. Smith JRS 2025, Series I Irrevocable Trust); Class A Common Stock — 51,008 shares (Indirect, Frederick G. Smith EGS 2025, Series I Irrevocable Trust); Class A Common Stock — 333,000 shares (Direct)
Footnotes (5)
  1. F1. Represents shares of Class A Common Stock received by the Reporting Person on September 23, 2026 as an in-kind distribution from the Frederick G. Smith AFS 2025, Series I Irrevocable Trust in satisfaction of an annuity payment. The Reporting Person is the settlor and sole annuitant of the trust. The transaction effected only a change in the form of the Reporting Person's beneficial ownership, from indirect to direct, without changing the Reporting Person's pecuniary interest.
  2. F2. Reflects the closing price of the Common Stock on September 29, 2026, the closing date of the day prior to the date of distribution, which was used to value the shares distributed and determine the number of shares required to satisfy the annuity payment.
  3. F3. Upon the consummation of all of the transactions contemplated by this filing, the Reporting Person shall own 333,000 shares of Class A Common Stock.
  4. F4. The Reporting person also directly owns 3,000,000 shares of Class B Common Stock, and he owns 17,801.567198 shares of Class A Common Stock held in a 401(k) unitized stock fund.
  5. F5. The Reporting Person has the right to substitute the corpus of the trust.
Shares per reported disposition and acquisition 48,000 shares each Each of the three indirect dispositions and three direct acquisitions
Share valuation $12.76 per share September 29, 2026 closing price used to value the distribution
Class A shares after all transactions 333,000 shares Upon consummation of all transactions
AFS trust shares after transaction 51,900 shares Indirect holding
JRS trust shares after transaction 51,900 shares Indirect holding
EGS trust shares after transaction 51,008 shares Indirect holding
in-kind distribution financial
"as an in-kind distribution from the Frederick G. Smith AFS 2025, Series I Irrevocable Trust"
A distribution of value to shareholders or beneficiaries made by transferring assets instead of paying cash, such as shares, bonds, or property. Like receiving a box of goods rather than money, it changes what you hold rather than adding liquid funds; investors care because it affects a portfolio’s composition, liquidity, tax reporting, and cost basis for the received assets.
annuity payment financial
"in satisfaction of an annuity payment"
pecuniary interest financial
"without changing the Reporting Person's pecuniary interest"
sole annuitant financial
"The Reporting Person is the settlor and sole annuitant of the trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Sinclair (SBGI) shares will Frederick G. Smith own after the transactions?

Upon consummation of all transactions, Frederick G. Smith shall own 333,000 shares of Class A Common Stock. He also directly owns 3,000,000 shares of Class B Common Stock and 17,802 shares of Class A Common Stock held in a 401(k) unitized stock fund.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
SMITH FREDERICK G

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

(Street)
COCKEYSVILLE MARYLAND 21030

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sinclair, Inc. [ SBGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock09/30/2026J(1)48,000D$12.76(2)51,900(3)(4)IFrederick G. Smith AFS 2025, Series I Irrevocable Trust(5)
Class A Common Stock09/30/2026J(1)48,000A$12.76(2)237,000(3)(4)D
Class A Common Stock09/30/2026J(1)48,000D$12.76(2)51,900(3)(4)IFrederick G. Smith JRS 2025, Series I Irrevocable Trust(5)
Class A Common Stock09/30/2026J(1)48,000A$12.76(2)285,000(3)(4)D
Class A Common Stock09/30/2026J(1)48,000D$12.76(2)51,008(3)(4)IFrederick G. Smith EGS 2025, Series I Irrevocable Trust(5)
Class A Common Stock09/30/2026J(1)48,000A$12.76(2)333,000(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of Class A Common Stock received by the Reporting Person on September 23, 2026 as an in-kind distribution from the Frederick G. Smith AFS 2025, Series I Irrevocable Trust in satisfaction of an annuity payment. The Reporting Person is the settlor and sole annuitant of the trust. The transaction effected only a change in the form of the Reporting Person's beneficial ownership, from indirect to direct, without changing the Reporting Person's pecuniary interest.
2. Reflects the closing price of the Common Stock on September 29, 2026, the closing date of the day prior to the date of distribution, which was used to value the shares distributed and determine the number of shares required to satisfy the annuity payment.
3. Upon the consummation of all of the transactions contemplated by this filing, the Reporting Person shall own 333,000 shares of Class A Common Stock.
4. The Reporting person also directly owns 3,000,000 shares of Class B Common Stock, and he owns 17,801.567198 shares of Class A Common Stock held in a 401(k) unitized stock fund.
5. The Reporting Person has the right to substitute the corpus of the trust.
Anastasia Thomas Nardangeli, Esq., on behalf of Frederick G. Smith, by Power of Attorney10/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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