{"schema_version":"secwatch.filing_event.v1","accession":"0001971213-26-000009","form_type":"8-K","ticker":"SBGI","cik":"0001971213","company_name":"Sinclair, Inc.","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.905182+00:00","generated_at":"2026-05-16T00:29:34.389844+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sinclair Q4 revenue $836M, core ad up 14%; FY2026 EBITDA guidance $700-740M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001971213-26-000009","json":"https://secwatch.observer/filing/0001971213-26-000009.json","markdown":"https://secwatch.observer/filing/0001971213-26-000009.md","text":"https://secwatch.observer/filing/0001971213-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1971213/000197121326000009/0001971213-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912752/000197121326000009/sbgi-20260225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:29:34.389844+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}