Sinclair VP Frederick Smith sells $16,098 in class a common stock
Vice President Frederick G. Smith of Sinclair, Inc. (NASDAQ:SBGI) sold 1,192 shares of Class A Common Stock, amounting to $16,098, on September 21, 2026. The transaction involved Smith exercising his right to substitute the corpus of certain trusts and withdrawing the shares. At the time of the sale, Sinclair's stock was trading at $12.78, which was below the insider's transaction price and near its 52-week low of $12.46.
Despite the stock's recent performance, Seeking Alpha analysis suggests the shares are undervalued at current levels, with a year-to-date decline of nearly 12% despite a dividend yield of 7.85%. Following the sale, Smith continues to beneficially own shares through multiple irrevocable trusts and directly holds a significant number of shares in Class B Common Stock, Class A Common Stock, and a 401(k) unitized stock fund.
This amendment to a previous filing corrects an administrative error that had misidentified one of the transactions as an acquisition instead of a disposition.
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