---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-158935"
form_type: "8-K"
ticker: "SBGI"
cik: "0001971213"
company_name: "Sinclair, Inc."
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T09:49:24.248416+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Sinclair completes holding company reorganization; shares trade under SBGI with new CUSIP

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-158935
- form_type: 8-K
- ticker: SBGI
- cik: 0001971213
- company_name: Sinclair, Inc.
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1971213/000119312523158935/0001193125-23-158935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912752/000119312523158935/d530850d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-158935
- JSON: https://secwatch.observer/filing/0001193125-23-158935.json
- Plain text: https://secwatch.observer/filing/0001193125-23-158935.txt

## Key facts
- M&A Transactions
  Sinclair, Inc. underwent a change of control involving shareholders of SBG for exchange of SBG common shares for New Sinclair common shares on a one-for-one basis (closed 2023-06-01).
  - Action: change of control
  - Counterparty: shareholders of SBG
  - Consideration: exchange of SBG common shares for New Sinclair common shares on a one-for-one basis
  - Closing: 2023-06-01
  source text: Effective at 12:00 am Eastern U.S. time on June 1, 2023 (the “ Share Exchange Effective Time ”), pursuant to the Share Exchange Agreement and Articles of Share Exchange filed with the Maryland State Department of Assessments and Taxation, the share exchange between New Sinclair and SBG was completed (the “ Share Exchange ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1971213/000119312523158935/0001193125-23-158935-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.