{"filings":[{"id":2549916,"accession_number":"0001971213-26-000041","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2026-08-28T21:01:25+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sinclair CAO David Bochenek to depart Nov. 9; CFO Sahai becomes principal accounting officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Separation effective Nov 9, 2026; Bochenek stays as CAO through that date to assist transitions.","Severance includes 24 months base salary lump sum, salary through Nov 30, 2026, vacation payout, and ~$66,000 bonus over 6 months subject to release and covenants.","SARs exercise period to be extended to 10-year expiration via amendment, contingent on release and compliance.","CFO Narinder Sahai will serve as principal accounting officer effective Nov 9, with no additional compensation.","Bochenek available through 2026 Form 10-K filing for questions; Separation Agreement includes non-compete, non-solicit, non-disclosure, non-disparagement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2078597,"accession_number":"0001971213-26-000037","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2026-08-05T20:01:13+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q2 2026: Revenue $840M (+7% YoY), Adj. EBITDA $149M (+45%), raises guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $840M (+7% YoY); net loss $76M (diluted EPS -$1.06) vs loss $64M in Q2 2025.","Adjusted EBITDA $149M (+45% YoY); political ad revenue $59M (+883% YoY).","Full-year 2026 Adj. EBITDA guidance raised to $730-760M (from $700-740M); political revenue guidance raised to at least $375M.","Reduced debt by $320M in quarter; ended with $604M cash and $1.4B liquidity.","Quarterly dividend maintained at $0.25 per share."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":870677,"accession_number":"0001971213-26-000027","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2026-06-05T12:01:46+00:00","items":["5.07","9.01"],"status":"ready","headline":"Sinclair stockholders elect 9 directors, ratify PwC, approve say-on-pay at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected; Howard E. Friedman received highest withhold count of ~7.97M shares.","Ratification of PricewaterhouseCoopers as 2026 auditor: 264.6M for, 412.9K against, 40K abstain.","Non-binding advisory vote on executive compensation passed: 252.2M for, 6.7M against, 57.8K abstain.","Broker non-votes of ~6.1M shares appeared on director elections and say-on-pay proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96992,"accession_number":"0001971213-26-000022","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q1 revenue up 4% to $807M, net income $20M vs loss, reaffirms FY26 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $807M (+4% YoY); core ad revenue $305M (+4%); distribution revenue $458M (+2%); political revenue $18M (+200%).","Net income attributable to Sinclair $20M ($0.28 diluted EPS) vs net loss of $156M ($2.30 loss) in Q1 2025.","Adjusted EBITDA $126M (+13% YoY); Local Media segment EBITDA $117M, Tennis $20M.","Retired $165M term loans via reverse Dutch auction, saving ~$12M annual interest; total liquidity ~$1.5B including $844M cash.","Reaffirmed full-year 2026 financial guidance; quarterly dividend $0.25 per share paid in March."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":807000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111410,"accession_number":"0001971213-26-000009","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q4 revenue $836M, core ad up 14%; FY2026 EBITDA guidance $700-740M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $836M (down 17% YoY); core ad revenue $354M (+14% YoY); distribution revenue $438M (-1% YoY).","Q4 Adjusted EBITDA $168M vs $330M prior year; full-year 2025 EBITDA $483M; net loss attributable to Company $112M.","FY2026 guidance: consolidated revenue $3.4-3.54B; Adj EBITDA $700-740M; political ad revenue at least $333M (mid-term cycle).","Cash and liquidity: $866M cash + $612.5M revolver availability; total debt $4.38B; quarterly dividend of $0.25/share paid in Dec.","Closed 15 partner station acquisitions; received $86M distributions from investment portfolio in Q4 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":3169000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128017,"accession_number":"0001971213-25-000070","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q3 2025 revenue $773M (-16% YoY), net loss $1M vs net income $94M; core ad revenue up $20M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $1M vs net income of $94M in Q3 2024; Adjusted EBITDA $100M vs $249M YoY (-60%).","Total revenue $773M (-16% YoY); media revenue $765M; advertising revenue $321M (down 26% on political comparison).","Core advertising revenue grew $20M YoY to $315M; political revenue fell to $6M from $138M in 2024.","Redeemed $89M of STG 5.125% Senior Unsecured Notes due 2027 on Oct 6; total debt $4.1B, liquidity $1.2B.","Q4 2025 guidance: revenue $815-851M, Adjusted EBITDA $132-154M; prelim 2026 sees record mid-term political."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":2333000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128016,"accession_number":"0001971213-25-000067","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-10-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"CFO Lucy Rutishauser retires Oct 1; consulting deal pays $593.75/hr, minimum 8 hrs/week, up to 2 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lucy Rutishauser retired as CFO effective Oct 1, 2025; previously stepped down July 7, 2025.","Consulting agreement for up to 2 years at $593.75/hr, minimum 8 hrs/week, plus COBRA coverage paid.","Outstanding SARs post-termination exercise period extended to original 10-year expiration date.","Agreement includes non-competition, non-solicitation, and confidentiality restrictions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144792,"accession_number":"0001971213-25-000062","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-09-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sinclair amends COO Weisbord's employment; base salary cut to $1M, adds $5M longevity bonus","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Term extended to Dec 31, 2027; base salary reduced to $1M retroactive to Jan 1, 2025.","Eligible for annual cash bonus of $1M plus up to $600K exceeds bonus and up to $800K executive performance bonus (2025).","Annual restricted stock grants: $1.55M (2025), $1.26M (2026), $1.323M (2027) vesting over 2 years.","One-time $5M special longevity bonus paid in 12 monthly installments starting Jan 1, 2027 if employed through Jan 1, 2027 or terminated without cause; full payout on change in control."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144791,"accession_number":"0001971213-25-000053","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q2 net loss $64M vs prior-year profit;Adjusted EBITDA down 35% to $103M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 total revenues $784M (-5% YoY); core ad rev $316M (+4% YoY); distribution rev $434M (flat).","Net loss $64M vs net income $17M in Q2 2024; diluted loss per share $0.91 vs EPS $0.27.","Appointed Narinder Sahai as EVP and CFO; closed several station acquisitions and divestitures.","Repurchased $81M par of 2027 notes for $77M cash; quarterly dividend unchanged at $0.25/share.","Q3 2025 guidance: total revenue $752-776M, Adjusted EBITDA $71-93M."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":1560000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144790,"accession_number":"0001971213-25-000050","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-07-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sinclair appoints Narinder Sahai as CFO effective July 7, 2025; Rutishauser steps down as CFO, stays as EVP","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sahai appointed EVP and CFO; base salary $700k (yr1), $750k (yr2), $800k (yr3); signing bonus $105k.","Eligible for annual bonus up to 200% of base; long-term stock-linked bonus up to $2M tied to price thresholds.","Receives RSUs valued at $1.75M vesting July 7, 2028; relocation reimbursement up to $100k.","Outgoing CFO Lucy Rutishauser remains as Executive Vice President to support transition.","Sahai previously CFO at Arcis Golf and RumbleOn; finance roles at AWS, TechnipFMC, Delphi."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163198,"accession_number":"0001971213-25-000038","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Sinclair stockholders elect all nine directors, approve auditor, say-on-pay, and charter amendment at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine nominees elected with majority support; David D. Smith received 256.7M for, 5.3M against.","Ratification of PwC as auditor for FY2025: 271.3M for, 0.7M against, 0.1M abstain, no broker non-votes.","Non-binding advisory vote on executive compensation passed: 260.7M for, 1.2M against, 10.1M broker non-votes.","Amendment to expand definition of Permitted Transferees of Class B Common Stock approved: 246.0M for, 11.0M against, 4.9M abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163197,"accession_number":"0001971213-25-000033","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair reports Q1 net loss $156M; adjusted EBITDA $112M, down 19% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $776M (-3% YoY); core advertising $292M (-2% YoY); distribution revenue $451M (+3% YoY).","Net loss $156M vs net income $23M; diluted loss per share $2.30 vs EPS $0.35.","Adjusted EBITDA $112M (-19% YoY), exceeded high-end of Q1 guidance range.","Repurchased $66M par of 2027 notes for $62M cash in April; quarterly dividend $0.25/share maintained.","Q2 guidance: total revenue $787-807M, adjusted EBITDA $91-107M; FY 2025 capex $83-86M."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":776000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181119,"accession_number":"0001971213-25-000019","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-03-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Sinclair CFO Lucy Rutishauser to retire after successor appointed; search begins","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lucy Rutishauser will retire as EVP & CFO after successor is appointed and transitions; she will then serve as senior advisor.","Search for new CFO, including internal and external candidates, to commence shortly.","Rutishauser has been with Sinclair since 1998, serving as CFO since January 2017.","She helped complete ~$4B balance sheet restructuring and manage through a cybersecurity incident.","David Smith and Chris Ripley praised her 26-year tenure and financial stewardship."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181118,"accession_number":"0001971213-25-000010","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q4 2024: Revenue $1.004B (+22%), EPS $2.61 vs loss $5.35; guides Q1 EBITDA $90-102M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenues $1,004M (+22% YoY); media revenues $992M (+21%); operating income $266M vs loss $386M.","Net income $176M ($2.61 diluted EPS) vs net loss $341M ($5.35 loss per share) in Q4 2023.","Adjusted EBITDA $330M (+83% YoY); full-year political ad revenue record $405M (+16% vs 2020).","Comprehensive refinancing completed in Feb 2025, extending debt maturities to >6.5 years; pro forma debt $4,252M.","Q1 2025 guidance: total revenues $765-779M, Adj. EBITDA $90-102M; formed EdgeBeam Wireless JV for ATSC 3.0."],"consensus_eps_estimate":null,"consensus_eps_actual":4.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":3548000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181117,"accession_number":"0001193125-25-025610","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sinclair subsidiary completes $1.43B debt recapitalization with new notes and credit facilities","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.43B of 8.125% First-Out First Lien Secured Notes due 2033; proceeds repay $1.175B TLB-2 and fees.","Established $575M first-out revolving credit facility with a 3.5x leverage maintenance covenant if >35% drawn.","Exchanged ~$267.2M of Existing 2030 Notes for new 4.375% Second-Out Notes due 2032; Supplemental Indenture eliminates most covenants.","Privately exchanged $432M of 2030 Notes for 9.750% Senior Secured Second Lien Notes due 2033.","Repurchased $63.6M of 2030 Notes at 84% and $104M of 5.125% 2027 Notes at 97% of principal, plus accrued interest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181116,"accession_number":"0001971213-25-000005","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair updates Q4 2024 Local Media revenue guidance to $931-933M, down from prior $936-945M","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Preliminary Local Media revenue $931-933M vs. prior guidance $936-945M; political advertising ~$203M.","Core (non-political) ad revenue $300-301M (prior $307-315M); distribution revenue $392-393M (prior $386-388M).","Combined media programming/production and SG&A expenses $580-582M, below prior guidance $589-590M.","Full Q4 2024 results to be reported on Feb 26, 2025 after market close."],"consensus_eps_estimate":null,"consensus_eps_actual":4.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":3548000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181115,"accession_number":"0001193125-25-005700","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2025-01-14T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Sinclair enters debt recap with creditors; extends maturities to 2029/2030, reduces first-lien leverage","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["TSA signed with 80% of term lenders and 75% of secured noteholders; includes new $650M revolver and backstop term loans.","$1.175B term loan B-2 to be repaid; $714M B-3 and $731M B-4 exchanged for second-out loans maturing 2029/2030.","Exchange offer for $246M of 4.125% secured notes into 4.375% second-out notes due 2032; non-consenting notes become unsecured.","Private repurchase of $59.3M secured notes at 84% and $104.2M unsecured at 97%; private exchange of $432M for 9.75% second lien notes due 2033.","Closest maturity pushed to Dec 2029; weighted average maturity 6.6 years; first lien net leverage materially reduced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197979,"accession_number":"0001971213-24-000064","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q3 net income $94M, adj. EBITDA $249M (+72% YoY); political revs $138M record","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $917M (+20% YoY); core advertising $295M (+1%) despite record political year.","Political revenue $138M in Q3, $406M YTD 2024; distribution revenue $434M (+5% YoY).","Full-year 2024 adj. EBITDA guidance $860-$871M, implying 54-56% YoY growth.","Net income $94M vs net loss $46M; diluted EPS $1.43 vs loss per share $0.74.","Renewed retrans agreements covering 78% of Big 4 MVPD base; debt $4.13B, cash $536M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":2544000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214148,"accession_number":"0001971213-24-000053","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair beats Q2 EBITDA guidance; raises 2024 political ad forecast to $385-410M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 total revenues of $829M (+8% YoY); Adjusted EBITDA of $158M (+42% YoY and above guidance).","Political advertising bookings as of Aug 1 total $146M for H2, vs $78M at same point in 2020.","Full-year political advertising guidance raised to $385-410M (10-17% growth vs 2020 excl. Georgia runoff).","Distribution revenue of $435M (+4% YoY); core advertising flat at $303M.","Q2 diluted EPS $0.27 vs ($0.38) loss a year ago; net income $17M vs net loss $89M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":1627000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233375,"accession_number":"0001971213-24-000044","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Sinclair stockholders elect all nine director nominees at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected with majority support; broker non-votes ranged from 10.2M to 10.4M.","Ratification of PwC as independent auditor for FY2024 approved: 261.1M for, 1.3M against, 64K abstain.","Non-binding advisory vote on executive compensation passed: 243.9M for, 8.3M against, 10.2M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233374,"accession_number":"0001971213-24-000033","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q1 revenue $798M (+3% YoY), Adj. EBITDA $136M (+13%), beats guidance; settles DSG litigation","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $798M (+3% YoY); media revenue $792M; advertising revenue $321M (+4% YoY).","Adjusted EBITDA $136M (+13% YoY); operating income $42M ($48M ex-adjustments).","Settled all Diamond Sports Group litigation for $495M; net cost expected $250-325M after tax and other items.","Launched Broadspan datacasting platform; first commercial partner Edgio; NextGen now in 44 markets.","Pre-booked $77M political ad revenue for H2 2024 vs $21M in 2020; Q2 guidance $823-843M revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":798000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251472,"accession_number":"0001971213-24-000015","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-03-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sinclair promotes David Gibber to EVP & Chief Legal Officer; details compensation package","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Annual base salary of $950k for 2024, rising to $980k for 2025-2026; cash bonuses up to $575k-$675k.","Equity grants: initial $1M restricted stock vesting Jan 2028, plus annual grants of $600k-$800k.","One-time cash bonus of $2.5M if continuously employed through June 2029, payable Jan 2032.","Severance: 12 months' total compensation (base + avg bonus) for termination without cause or after change in control.","Non-competition and confidentiality restrictions included in agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251471,"accession_number":"0001971213-24-000009","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-02-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q4 net loss $341M on $826M revenue; core ad up 2%; DSG settlement accrual $495M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted loss per share $5.35 vs prior year EPS $0.79; total revenue down 14% to $826M.","Core advertising revenue (ex-political) rose 2% to $339M; political fell to $24M from $172M.","Adjusted EBITDA $181M, down 41% YoY; operating loss $386M includes $495M DSG litigation accrual.","Bankruptcy court approved DSG settlement; company repurchased $91M debt in 2023 at avg 19% discount.","Q1 2024 guidance: revenue $793-806M, Adj. EBITDA $128-139M; NextGen reaches 74% of footprint."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":3134000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251470,"accession_number":"0001971213-24-000003","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2024-01-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sinclair to pay $495M to settle Diamond Sports litigation; net cost $250-325M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["DSG withdraws $1.5B lawsuit; Sinclair pays $495M cash, funded from cash on hand or loan.","Net cost after tax benefits, MSA payments, and other value estimated at $250-325M.","Settlement includes amended Management Services Agreement and transition services to make DSG self-standing.","Deal requires approval by U.S. Bankruptcy Court in Houston; motion expected next week.","Sinclair also gets acquisition rights for Diamond's interest in Marquee Sports Network and residual assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269020,"accession_number":"0001971213-23-000022","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2023-11-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q3 revenue down 9% to $767M, net loss $46M; core ad up 2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted loss per share $0.74 vs $0.32 EPS in prior year; Adjusted EBITDA $141M, down 29% YoY.","Repurchased $64M principal of debt since June at 24% average discount to par.","Political revenue hit record for non-election year; Q4 guidance $25-30M political ad revenue.","Q4 guidance: total revenue $821-847M, Adjusted EBITDA $176-196M; FY2023 Adjusted EBITDA $545-564M.","Expanded CW affiliation, renewed Comcast and Paramount carriage; launched new network 'The Nest'."],"consensus_eps_estimate":null,"consensus_eps_actual":0.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":2308000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286094,"accession_number":"0001971213-23-000013","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sinclair Q2 revenue down 8% to $768M; net loss widens to $89M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $768M (-8% YoY); media revenues $761M (-8%).","Net loss attributable to company $89M vs $11M loss; diluted EPS -$1.38.","Adjusted EBITDA fell 42% to $107M from $183M.","Repurchased ~$30M of debt in open market at 35% discount.","Q3 guidance: total rev $742-763M, Adj EBITDA $91-109M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":1541000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286093,"accession_number":"0001971213-23-000011","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2023-07-21T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Sinclair sued by Diamond Sports Group for $1.5B over challenged transactions","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["DSG filed bankruptcy court complaint against Sinclair subsidiaries, executive chairman, CEO, CFO, and others.","Alleges $1.5B in payments to Sinclair entities via unfair management services, naming rights deal, and insolvent distributions.","Claims include fraudulent transfers, unlawful distributions, breaches of fiduciary duties, seeking unspecified damages.","Sinclair says allegations are without merit and intends to vigorously defend.","Warns unfavorable outcome could materially and adversely affect financial results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305978,"accession_number":"0001971213-23-000006","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2023-06-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sinclair amends COO Weisbord's employment; base salary to $1.5M, longevity bonuses up to $5M","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary set at $1,433,250 retroactive to Jan 1, 2023, rising to $1,504,913 on Jan 1, 2024.","Quarterly cash bonus up to base salary amount ($1.43M in 2023, $1.50M in 2024).","Eligible for $400k annual exceeds cash bonus; $500k in stock-settled SARs for each of 2022-2024.","Restricted stock grants of $1M each for 2023 and 2024; vesting over two years.","One-time longevity bonuses: $3M guaranteed plus $2M conditional on STG EBITDA growth through Dec 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305977,"accession_number":"0001193125-23-158935","cik":1971213,"company_name":"Sinclair, Inc.","ticker":"SBGI","form_type":"8-K","filed_at":"2023-06-01T23:59:59+00:00","items":["1.01","3.01","3.03","5.01","5.02","5.03","8.01","9.01"],"status":"ready","headline":"Sinclair completes holding company reorganization; shares trade under SBGI with new CUSIP","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Share exchange completed June 1, 2023 – SBG common shares exchanged 1:1 for New Sinclair shares; SBGI ticker unchanged on NASDAQ.","New Sinclair board of directors, management, and governance documents are identical to SBG's pre-reorganization.","New CUSIP number 829242106; NASDAQ will file Form 25 to delist old SBG Class A common shares.","Controlling stockholders entered new stockholders' agreement with voting commitments to elect each other as directors through Dec 31, 2025.","Previously declared $0.25/share quarterly dividend payable June 15, 2023, will be paid by New Sinclair."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1018256330.4048125,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}