144 ·Filed May 4, 2026
Form 144 — notice of proposed sale of securities
Actionable Insight • Neutral
Minor director sale of modest size—no material signal. Monitor for any cluster of insider sales or upcoming earnings for broader context.
Final — all horizons settled through T+60d
SBGI ▼ -6.83% at T+60d
NEUTRAL call -6.83% · α vs SPY -9.57% · entry $14.78 → $13.77
T+1d
+0.34%
call +0.34% · α -1.05%
$14.83
settled 6mo ago
T+5d
-5.68%
call -5.68% · α -7.67%
$13.94
settled 6mo ago
T+20d
-5.35%
call -5.35% · α -10.30%
$13.99
settled 5mo ago
T+60d
-6.83%
call -6.83% · α -9.57%
$13.77
settled 3mo ago
Price Chart
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Executive Summary
Director Benson Legg files Form 144 to sell 31,500 SBGI shares (~$460k), representing a routine diversification move. The sale is small relative to market cap and follows director compensation grants, with no apparent urgency or material change in outlook.
Key Facts
- Insider: Director Benson Everett Legg
- Shares to be sold: 31,500 common shares
- Estimated value: $459,770.85
- Acquired shares via director compensation in 2020, 2022, 2023
- Company market cap: ~$1.1B
Financial Impact
~$460k sale, ~0.04% of market cap
dilution
Risk Factors
- Insider could decide not to execute the sale (Form 144 is intent only)
- No other insider selling pattern evident from this single filing
Market Snapshot
Exchange
Nasdaq
Sector
Television Broadcasting Stations
Analyst Consensus
18% bullish (11 analysts)
Investment Themes
Media & Telecom
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-003965 |
| Document: 0001950047-26-003965-index.html | 0001950047-26-003965 |
| Document: 0001950047-26-003965.txt | 0001950047-26-003965 |
13 reports for SBGI
33% Hit rate @ T+1 Went positive at some point 1 of 3 best @ T+1▲ +0.65%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 22d ago | Press Release | $12.64 $12.96 | ▲ +2.53% | ▲ +1.98% | $12.07 (−4.51%) |
Sep 25, 2026 4w ago | 144 | $12.78 $12.81 | ▲ +0.23% | ▲ +0.98% | $12.07 (−5.56%) |
Sep 16, 2026 5w ago | Press Release | $14.03 $13.61 | ▼ −2.99% | ▼ −4.13% | $12.07 (−13.97%) |
Aug 28, 2026 8w ago | 8-K | $14.10 $13.86 | ▼ −1.70% | ▼ −1.02% | $12.07 (−14.40%) |
Aug 10, 2026 11w ago | 144 | $13.67 $13.88 | ▲ +1.54% | ▲ +1.29% | $12.07 (−11.70%) |
Aug 10, 2026 11w ago | 144 | $13.76 $13.67 | ▲ +0.65% | ▲ +0.33% | $12.07 (+12.28%) |
Aug 5, 2026 11w ago | 8-K | $14.76 $14.20 | ▼ −3.79% | ▼ −4.41% | $12.07 (−18.22%) |
Aug 5, 2026 11w ago | Press Release | $14.76 $14.20 | ▼ −3.79% | ▼ −4.41% | $12.07 (−18.22%) |
Jul 2, 2026 16w ago | Court Ruling | $15.42 $15.14 | ▼ −1.82% | ▼ −2.69% | $12.07 (−21.73%) |
May 4, 2026 25w ago | 144 | $14.78 $14.83 | ▲ +0.34% | ▼ −1.05% | $12.07 (−18.34%) |
Showing 10 of 13
US Market Status
Market Open — Closes in 59m
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