Sinclair COO Robert Weisbord sells 10,000 shares
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Form Type
4
Rhea-AI Filing Summary
Sinclair, Inc. (SBGI) COO & President of Local Media Robert Weisbord exercised a derivative security on November 11, 2026, to acquire 75,132 Class A shares at a $13.31 exercise price. That day, he returned 66,182 shares to the issuer, withheld 3,522 shares to satisfy tax liability, and sold 10,000 shares at a weighted average price of $15.0173 per share; sale prices ranged from $14.93 to $15.12.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Weisbord Robert
Role
COO & President of Local Media
Sold
10,000 shs ($150K)
Approx. gross sale proceeds
$150K
Approx. exercise cost
$1.00M
Share of Position Sold
3.3%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock F1 | 75,132 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 75,132 | $13.31 | $1.00M |
| Disposition | Class A Common Stock F2 | 66,182 | $15.11 | $1.00M |
| Tax Withholding | Class A Common Stock F3, F2 | 3,522 | $15.11 | $53K |
| Sale | Class A Common Stock F4, F2 | 10,000 | $15.0173 | $150K |
Holdings After Transaction:
Class A Common Stock — 150,000 shares (Direct);
Class A Common Stock — 289,408 shares (Direct)
Holdings Before and After:
Class A Common Stock, 225,132 to 150,000 shares (Direct);
Class A Common Stock, 293,980 to 289,408 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (4)
- F1. Designates exercise of derivative security.
- F2. Class A Common Stock, of which 284,525 shares are issued as Restricted Stock. The Reporting Person also owns 8,212.794667 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.
- F3. Designates withholding of shares to satisfy the Reporting Person's tax liability.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.93 to $15.12, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Class A shares acquired through exercise: 75,132 shares
Exercise price: $13.31 per share
Shares returned to issuer: 66,182 shares
+3 more
6 metrics
Class A shares acquired through exercise
75,132 shares
November 11, 2026
Exercise price
$13.31 per share
For the derivative exercise on November 11, 2026
Shares returned to issuer
66,182 shares
November 11, 2026
Shares withheld for tax liability
3,522 shares
November 11, 2026
Shares sold
10,000 shares
November 11, 2026
Weighted average sale price
$15.0173 per share
Sale prices ranged from $14.93 to $15.12, inclusive
Key Terms
derivative security, weighted average price, Restricted Stock, unitized stock fund, +1 more
5 terms
derivative security financial
"exercise of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Restricted Stock financial
"shares are issued as Restricted Stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
unitized stock fund financial
"shares held in a 401(k) unitized stock fund"
Employee Stock Purchase Plan financial
"shares held in an Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.
