Smith David D's Form 4/A amendment
AmendedSinclair, Inc.SBGI · filed Mar 12, 2026
- Accession no.
- 0001016817-26-000002
- Filed
- Mar 12, 2026
- Trade date
- Mar 28, 2025
- Filing delay
- 349 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Apr 1, 2025
This filing lists 1 non-derivative transaction and 8 derivative transactions. Open-market purchases total $1.50M. It was filed 349 days after the trade.
This amendment replaces 0001250842-25-000025 (filed Apr 1, 2025).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Smith David DCIK 0001016817 | Director, Officer (Executive Chairman), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 28, 2025 | Class A Common Stock | PPurchaseAcquired | +97,285 | $15.42F1 | +$1,500,134.7 | 1,380,525 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 28, 2025 | Class B Common Stock | GGiftDisposed | −373,700 | $0.00 | $0 | 2,537,372 | Direct | |
| Mar 28, 2025 | Class B Common Stock | AGrant or awardAcquired | +373,700 | $0.00 | $0 | 373,700 | Indirect | |
| Mar 28, 2025 | Class B Common Stock | GGiftDisposed | −373,700 | $0.00 | $0 | 2,163,672 | Direct | |
| Mar 28, 2025 | Class B Common Stock | AGrant or awardAcquired | +373,700 | $0.00 | $0 | 373,700 | Indirect | |
| Mar 28, 2025 | Class B Common Stock | GGiftDisposed | −373,700 | $0.00 | $0 | 1,789,972 | Direct | |
| Mar 28, 2025 | Class B Common Stock | AGrant or awardAcquired | +373,700 | $0.00 | $0 | 373,700 | Indirect | |
| Mar 28, 2025 | Class B Common Stock | GGiftDisposed | −373,700 | $0.00 | $0 | 1,416,272 | Direct | |
| Mar 28, 2025 | Class B Common Stock | AGrant or awardAcquired | +373,700 | $0.00 | $0 | 373,700 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The purchase price is a weighted average for the purchase reported. The range of prices for this purchase was $15.32-$15.50. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
Referenced by the price of 1 transaction in Table I.
- F2
The Reporting Person also directly owns (i) 1,416,272 shares of Class B Common Stock, (ii) 398,229 shares of Class A Common Stock issued as Restricted Stock, and (iii) 18,815.923349 shares of Class A Common Stock held in a 401(k) unitized stock fund. He indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person for the benefit of 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) 4,000,000 shares of Class B Common Stock held by trusts f/b/o family members, (iv) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (v) 803,178 shares of Class A Common Stock held f/b/o David D. Smith Family Foundation, Inc. which the Reporting Person controls, but does not derive benefit.
- F3
Gift to Trust f/b/o Reporting Person's child.
- F4
The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
- F5
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.
- F6
Reporting Person also directly owns (i) 1,380,525 shares of Class A Common Stock (ii) 398,229 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.
- F7
Acquired by gift from Reporting Person.
- F8
The Reporting Person has the right to substitute the corpus of the trust.
Remarks
This amendment is being filed solely to correct a ministerial error in the original Form 4. Due to an inadvertent omission, the acquisition of 97,285 Class A Shares was not reported in the original filing, although it was intended to be included.