SBGI — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-06

• •In January 2026, Sinclair’s AMP Media launched Cousins, a weekly podcast series hosted by NBA icons Vince Carter and Tracy McGrady.

• •In March 2026, Sinclair announced a partnership with Disabled American Veterans (“DAV”) to launch Sinclair Cares: DAV Community Impact Day, a nationwide volunteer campaign dedicated to supporting America’s veterans and their families.

• •To date in 2026, our newsrooms have won a total of 24 journalism awards.

• •In February 2026, Sinclair acquired KMTR, KMCB, and KTCW in Eugene, OR from Roberts Media. Sinclair previously provided services to the stations under JSAs and SSAs.

• •In February 2026, Sinclair acquired the non-license assets of KMYT and KOKI in Tulsa, OK.

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• •In August 2025, Tennis signed extensions with the International Tennis Federation for the Davis Cup (through 2028) and Billie Jean King Cup (through 2027).

• •In September 2025, Sinclair’s AMP Media launched the THE TUNDRA: A Podcast on The Green Bay Packers.

• •To date in 2025, SBG’s newsrooms have won a total of 227 journalism awards, including 25 RTDNA regional Edward R. Murrow Awards.

• •In July 2025, Sinclair Cares ran two campaigns, one raising nearly $200,000 in support of Texas flood relief and another partnering with the American Cancer Society to raise awareness and support free rides to medical treatments.

• •In August 2025, Sinclair awarded scholarships to 15 university students as a part of its annual scholarship program.

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• On November 6, 2025, STG and one of its subsidiaries entered into a three-year, up to $375 million revolving accounts receivable securitization facility (the “AR Facility”) with Wells Fargo Bank, N.A., as administrative agent (“Wells”) in order to enable STG to raise incremental, low-cost capital.

• In connection with the AR Facility, STG will, pursuant to a Receivables Sale Agreement, dated as of November 6, 2025 (the “Sale Agreement”), between STG, as originator and initial master servicer, and Sinclair Finance SPV, LLC, a wholly-owned special purpose subsidiary of STG (the “SPV”), sell and/o…

• Pursuant to a Receivables Financing Agreement, dated as of November 6, 2025 (the “Financing Agreement”), by and among the SPV, STG, in its individual capacity and as initial master servicer, Wells and certain lenders from time to time party thereto (the “Lenders”), pursuant to which the Lenders will…

• The SPV is a separate legal entity with its own separate creditors who will be entitled to access the SPV’s assets before the assets become available to STG. Accordingly, the SPV’s assets are not available to pay creditors of STG or any of its other subsidiaries, although collections from the Pool R…

• The maximum funding availability under the AR Facility as of November 6, 2025, the date of closing, is $375 million, subject to borrowing base and certain other restrictions. The amount of actual availability under the AR Facility is subject to change based on the level of eligible Pool Receivables …