Sinclair, Inc. vice president Frederick G. Smith disposes $16,098 in stock By Investing.com

Frederick G. Smith, Vice President, Director, and a 10% Owner of Sinclair, Inc. (), reported the disposition of Class A Common Stock totaling $16,098 on September 21, 2026. The shares were disposed of at prices ranging from $13.50 to $13.5061 per share. The stock currently trades at $12.87, near its 52-week low of $12.46, and InvestingPro analysis suggests the company is undervalued relative to its Fair Value.

The transactions involved the disposition of a total of 1,192 shares from various irrevocable trusts. Smith exercised his right to substitute the corpus of the trusts and withdrew the shares from the trusts for the benefit of his child.

Following these transactions, Smith directly owns 3,000,000 shares of Class B Common Stock and 189,000 shares of Class A Common Stock. For investors analyzing insider moves, InvestingPro offers 6 additional ProTips and a comprehensive Pro Research Report on Sinclair, transforming complex data into clear, actionable intelligence. He also holds 17,801.567198 shares of Class A Common Stock in a 401(k) unitized stock fund. The irrevocable trusts continue to hold a significant number of Class A Common Stock shares.

In other recent news, Sinclair Broadcast Group reported its financial results for the second quarter of 2026. The company achieved revenue of $840 million, slightly surpassing Wall Street’s expectations. However, Sinclair Broadcast Group’s adjusted earnings per share showed a significant loss of negative $1.06, compared to the anticipated loss of negative $0.22. Revenue increased by 7% from the previous year, while adjusted EBITDA rose by an impressive 45%. The company attributed its revenue growth primarily to political advertising, which also contributed to improved margins. Despite the strong performance in political advertising, core advertising continued to face challenges. Sinclair Broadcast Group has raised its full-year guidance for political advertising and EBITDA. These developments reflect the company’s strategic focus on managing costs and leveraging political advertising opportunities.

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