SEC Form 4 · accession 0001254011-26-000004
Sinclair, Inc. · SBGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Duncan Smith
Officer — Vice President/Secretary · Director · 10% Owner
Period of report
Sep 23, 2026
Accepted (ET)
Sep 25, 2026 · 7:58 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001971213
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3,F4,F5,F2 | $0.00 | Sep 23, 2026 | J | 222,300 | D | — | — | Class B Common Stock | 222,300 | 242,900 | I |
| Class B Common StockF3,F4,F2 | $0.00 | Sep 23, 2026 | J | 222,300 | A | — | — | Class B Common Stock | 222,300 | 5,515,386 | D |
Explanation of responses
- F1Represents shares of Class B Common Stock received by the Reporting Person on September 23, 2026 as an in-kind distribution from the J. Duncan Smith 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.
- F2The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
- F3Reflects the closing price of the Common Stock on September 23, 2026, the date of distribution, which was used to value the shares distributed and determine the number of shares required to satisfy the annuity payment.
- F4The Reporting Person also owns 185 shares of Class A Common Stock and 21,498.357834 shares of Class A Common Stock held in a 40l(k) unitized stock fund. The Reporting Person indirectly owns (i) 137,154 shares of Class B Common Stock divided equally among three irrevocable trusts, each for the benefit of a child of the Reporting Person, of which the Reporting Person is a co-trustee; (ii) 41,050 shares of Class B Common Stock held in irrevocable trust f/b/o family members; and (iii) 629,700 shares of Class B Common Stock held in irrevocable trust f/b/o the Reporting Person.
- F5The Reporting Person has the right to substitute the corpus of trust.