Bray Justin LeRoy 4

What Happened

• Bray Justin LeRoy, SVP and Treasurer of Sinclair, had restricted Class A common stock vest on March 8, 2026. A total of 5,635 restricted shares were released; 2,652 shares were withheld by the issuer to satisfy tax withholding (reported as a disposition) at a per-share value of $15.60, representing $41,371. The net shares delivered to him were 2,983.

Key Details

• Transaction date: 2026-03-08 (vesting date). Filing date: 2026-03-11; filing notes vesting fell on a Sunday and was processed the next business day.
• Reported transaction type: Award/Grant (A); withheld shares for tax liability (F2/F3).
• Withheld (disposed) shares: 2,652 @ $15.60 = $41,371.
• Total shares released: 5,635 restricted shares; net delivered to insider: 2,983 shares.
• Shares owned after transaction (reported holdings): prior holdings listed as 1,079 shares + 6,904.578205 shares (401(k) unitized fund) + 3,822.19 shares (ESPP) = 11,805.768205; adding net 2,983 = 14,788.768205 shares (≈14,789 shares) total.
• Footnotes: F1 = first vesting date for these restricted shares (granted Mar 8, 2024); F2/F3 = shares withheld to satisfy tax liability; F4 = summary of other reported holdings.
• Filing timeliness: filed Mar 11 with explanation of weekend vesting; no further enforcement detail provided in the filing.

Context

• This was a routine vesting of restricted stock with issuer withholding shares for taxes (a non‑market sale). Such tax‑withholding dispositions are common and do not by themselves indicate a buy/sell signal.