辛克莱广播 2024年度报告

FORM10-K (mark one)☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDEDDecember31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROMTO. COMMISSION FILE NUMBER:333-271072(Sinclair, Inc.)000-26076(Sinclair Broadcast Group, LLC)Sinclair, Inc.Sinclair Broadcast Group, LLC(Exact name of Registrant as specified in its charter) Maryland92-1076143(Sinclair, Inc.)Maryland52-1494660(Sinclair Broadcast Group, LLC)(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 10706 Beaver Dam RoadHunt Valley,MD21030(Address of principal executive offices)(410)568-1500(Registrant’s telephone number, including area code) Securities registered by Sinclair, Inc. pursuant to Section12(b)of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d)of the Act. Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Sinclair, Inc.Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growthcompany.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company”, and “emerging growth company” in Rule12b-2 of the ExchangeAct. Sinclair, Inc.Large accelerated filer☐Accelerated filer☒Non-accelerated filer☐Smaller reportingcompany☐Emerging growthcompany☐Sinclair BroadcastGroup, LLCLarge accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reportingcompany☐Emerging growthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financialreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒☒ Sinclair Broadcast Group, LLC If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect thecorrection of an error to previously issued financial statements. Sinclair Broadcast Group, LLC Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). Sinclair Broadcast Group, LLC Sinclair, Inc.Yes☐No☒Sinclair Broadcast Group, LLCYes☐No☒ At June 28, 2024, the aggregate market value of voting and non-voting common stock held by non-affiliates of the registrant was $542million based on the closing salesprice of $13.33 on the NASDAQ stock market on June28, 2024, the last business day of the registrant’s most recently completed second fiscal quarter. The determinationof affiliate status is solely for the purposes of this report and shall not be construed as an admission for the purposes of determining affiliate status. As of February24, 2025, there were42,694,274shares of Sinclair, Inc. Class A Common Stock outstanding and23,775,056shares of Sinclair, Inc. Class B Common Stock OMISSION OF CERTAIN INFORMATION:Sinclair Broadcast Group, LLC meets the conditions set forth in General Instruction I(1)(a) and (b) of Form 10-K and has therefore (i) omitted certain information called for by Item 7 and included certain other information as allowed under General Instruction I(2)(a), (ii) omitted the information otherwise called for by Items 10-13 of Form10-K as allowed under General Instruction I(2)(c) and (iii) provided brief descriptions under Item 1 and Item 2 as allowed under General Instruction I(2)(d). DOCUMENTS INCORPORATED BY REFERENCE:Portions of the Proxy Statement relating to Sinclair, Inc.’s 2025 Annual Meeting of Shareholders are incorporated by reference