SBGI - Sinclair Broadcast Group, LLC
Insider Sale by Legg Benson E (Dir)
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Trade Summary
3 days ago, Legg Benson E, serving as Dir at Sinclair Broadcast Group, LLC (SBGI), sold 31,500 shares at $14.60 per share, for a total transaction value of $459,900.00. Following this transaction, Legg Benson E now holds 39,665 shares of SBGI.
This sale represents a 44.00% decrease in Legg Benson E's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, May 4, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, May 6, 2026, 2 days after the trade was made.
Sinclair Broadcast Group, LLC operates in the COMMUNICATION SERVICES sector, specifically within the BROADCASTING industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$14.60
Quantity
31,500
Total Value
$459,900.00
Shares Owned
39,665
Trade Date
3 days ago
SEC Filing Date
Filed 2 days after trade
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