David D. Smith, Executive Chairman at SINCLAIR BROADCAST GROUP INC (SBGI), bought 631,000 shares at $13.54 ($8.5M) on 2020-03-17, disclosed to the SEC on 2020-03-18.
Seasonal purchase ($8.5M) by Executive Chairman — this insider has traded SBGI in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.54 | 81,000 | $1.1M | 12.8% |
| 2 | $13.54 | 100,000 | $1.4M | 15.8% |
| 3 | $13.54 | 200,000 | $2.7M | 31.7% |
| 4 | $13.54 | 250,000 | $3.4M | 39.6% |
| Total | $13.54 avg | 631,000 | $8.5M | 100% |
| Filing → |
| SBGI | BUY | 2025-04-07 | $7.4M | — | Filing → |
| SBGI | BUY | 2025-03-24 | $3.8M | — | Filing → |
| PM2C#XRO | BUY | 2025-03-21 | $76K | — | Filing → |