Sinclair Inc.

04/01/2025 | Press release | Distributed by Public on 04/01/2025 11:05

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH DAVID D
2. Issuer Name and Ticker or Trading Symbol
Sinclair, Inc. [SBGI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Chairman
(Last) (First) (Middle)
C/O SINCLAIR BROADCAST GROUP, 10706 BEAVER DAM ROAD
3. Date of Earliest Transaction (Month/Day/Year)
03/28/2025
(Street)
COCKEYSVILLE, MD 21030
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
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)
Code V Amount (A) or (D) Price
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)
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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock $ 0 03/28/2025 G(1) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 2,537,372(3)(4) D
Class B Common Stock $ 0 03/28/2025 A(5) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 373,700(3)(4) I By David D. Smith / BECS 2025, SERIES I Irrevocable Trust(6)
Class B Common Stock $ 0 03/28/2025 G 373,700 (2) (2) Class B Common Stock 373,700 $ 0 2,163,672(3)(4) D
Class B Common Stock $ 0 03/28/2025 A(5) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 373,700(3)(4) I By David D. Smith / DBS 2025, SERIES I Irrevocable Trust(6)
Class B Common Stock $ 0 03/28/2025 G(1) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 1,789,972(3)(4) D
Class B Common Stock $ 0 03/28/2025 A(5) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 373,700(3)(4) I By David D. Smith / JBSS 2025, SERIES I Irrevocable Trust(6)
Class B Common Stock $ 0 03/28/2025 G(1) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 1,416,272(3)(4) D
Class B Common Stock $ 0 03/28/2025 A(5) 373,700 (2) (2) Class B Common Stock 373,700 $ 0 373,700(3)(4) I By David D. Smith / MJSS 2025, SERIES I Irrevocable Trust(6)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SMITH DAVID D
C/O SINCLAIR BROADCAST GROUP
10706 BEAVER DAM ROAD
COCKEYSVILLE, MD 21030
X X Executive Chairman

Signatures

Anastasia Thomas Nardangeli, Esq., on behalf of David D. Smith, by Power of Attorney 04/01/2025
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Gift to Trust f/b/o Reporting Person's child.
(2) The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
(3) After giving effect to the transactions reported on this Form 4, the Reporting Person directly owns 1,416,272 shares of Class B Common Stock.
(4) The Reporting Person also directly owns (i) 1,082,771 shares of Class A Common Stock (ii) 598,698 shares of Class A Common Stock issued as Restricted Stock, and (iii) 18,823.964222 shares of Class A Common Stock held in a 40l(k) unitized stock fund. The Reporting Person indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person f/b/o family members of which the Reporting Person is the custodian, (ii) 338,400 shares of Class A Common Stock held by trusts f/b/o family members of which the Reporting Person is a trustee, (iii) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (iv) 803,178 shares of Class A Common Stock held f/b/o of David D. Smith Family Foundation, Inc., which the Reporting Person controls, but does not derive any benefit.
(5) Acquired by gift from Reporting Person.
(6) The Reporting Person has the right to substitute the corpus of the trust.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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