Issued 2026-09-16 at $14.03 · now $14.03 (2026-09-16, +0.0% since)
Based on its own history, a month from the 2026-09-16 close, SBGI has typically landed between $11.30 and $17.71 — a range of −19.5% to +26.2% from the issuance price $14.03.
- Actual close
- Typical path (median)
- Middle 50% of outcomes
- 90% range
5,003 overlapping 1 month windows · 2006-09-26 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).
The cone is anchored at the 2026-09-16 issuance close ($14.03) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.
Where SBGI has typically landed a month from the 2026-09-16 close of $14.03 — the range is history, not a prediction.
- now $14.03 (+0.0%)
- typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $13.81 (-1.5%)
- middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $12.71–$14.92
- 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $11.3–$17.71
| Start | Return | Max drop | Max rise |
|---|---|---|---|
| 3 worst | |||
| 2009-01-06 | −63.1% | −63.1% | +1.7% |
| 2009-01-07 | −62.7% | −63.7% | +0.0% |
| 2009-01-13 | −62.2% | −62.2% | +0.0% |
| 3 best | |||
| 2009-07-15 | +111.7% | +0.0% | +156.8% |
| 2009-07-14 | +104.0% | −2.7% | +149.8% |
| 2009-08-17 | +99.9% | +0.0% | +99.9% |
5,003 overlapping windows · 2006-09-26 – 2026-09-16 · not cherry-picked
Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.
iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.Up-frequency and average month-over-month return · historical frequency, not a prediction
Reported insider & political trades
Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.
| Date | Person | Role | Action | Shares @ price | Value | Ownership Δ | vs S&P 1m | vs S&P 6m | Owned after | Filing |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-10 | Gibber David B | officer | Sale | 28,828 @ $13.74 | $396K | −13.5% of holding | −0.2% | not yet — horizon still open | 184,244 | Form 4 · filed 2 days after the trade |
| 2026-08-10 | Gibber David B | officer | Sale | 418 @ $13.82 | $6K | −0.2% of holding | −0.2% | not yet — horizon still open | 184,244 | Form 4 · filed 2 days after the trade |
| 2026-07-02 | KEITH DANIEL C | director | Sale | 17,000 @ $15.02 | $255K | −40.4% of holding | −11.5% | not yet — horizon still open | 25,122 | Form 4 · filed 4 days after the trade |
| 2026-05-04 | Legg Benson E | director | Sale | 31,500 @ $14.60 | $460K | −44.3% of holding | −11.6% | not yet — horizon still open | 39,665 | Form 4 · filed 2 days after the trade |
| 2026-04-02 | KEITH DANIEL C | director | Sale | 22,613 @ $13.10 | $296K | −47.5% of holding | +3.8% | not yet — horizon still open | 25,027 | Form 4 · filed same day |
| 2026-04-01 | KEITH DANIEL C | director | Sale | 1,398 @ $13.10 | $18K | −2.9% of holding | +8.3% | not yet — horizon still open | 47,640 | Form 4 · filed 1 day after the trade |
| 2026-03-31 | KEITH DANIEL C | director | Sale | 17,989 @ $13.10 | $236K | −26.8% of holding | +11.8% | not yet — horizon still open | 49,038 | Form 4 · filed 2 days after the trade |
| 2026-03-11 | Weisbord Robert | officer | Sale | 3,672 @ $13.97 | $51K | −1.3% of holding | +2.0% | −12.0% | 280,853 | Form 4 · filed 6 days after the trade |
| 2026-03-02 | Weisbord Robert | officer | Sale | 10,000 @ $15.70 | $157K | −3.4% of holding | −11.8% | −20.1% | 284,525 | Form 4 · filed 15 days after the trade |
| 2026-01-06 | Friedman Howard E | director | Sale | 14,713 @ $15.11 | $222K | −15.9% of holding | −7.1% | −9.4% | 77,685 | Form 4 · filed 2 days after the trade |
| 2025-12-19 | Legg Benson E | director | Sale | 6,548 @ $15.81 | $104K | −8.4% of holding | −4.2% | −17.0% | 71,165 | Form 4 · filed 4 days after the trade |
| 2025-12-11 | Gibber David B | officer | Sale | 29,376 @ $16.67 | $490K | −15.1% of holding | −12.8% | −28.4% | 165,272 | Form 4 · filed 1 day after the trade |
| 2025-12-11 | Gibber David B | officer | Sale | 2,904 @ $16.67 | $48K | ownership Δ n/a | −12.8% | −28.4% | 397 | Form 4 · filed 1 day after the trade |
| 2025-04-09 | SMITH DAVID D | director | Purchase | 63,073 @ $12.91 | $814K | +4.3% of holding | +4.9% | −23.1% | 1,526,029 | Form 4 · filed 1 day after the trade |
| 2025-04-08 | SMITH DAVID D | director | Purchase | 122,072 @ $13.66 | $1.7M | +9.1% of holding | −2.1% | −29.2% | 1,462,956 | Form 4 · filed 2 days after the trade |
| 2025-04-07 | SMITH DAVID D | director | Purchase | 7,719 @ $13.20 | $102K | +0.6% of holding | +6.9% | −23.4% | 1,340,884 | Form 4 · filed same day |
| 2025-04-04 | SMITH DAVID D | director | Purchase | 125,197 @ $13.90 | $1.7M | +10.4% of holding | +2.2% | −27.8% | 1,333,165 | Form 4 · filed 3 days after the trade |
| 2025-04-03 | SMITH DAVID D | director | Purchase | 125,197 @ $14.98 | $1.9M | +11.6% of holding | −1.2% | −23.6% | 1,207,968 | Form 4 · filed 4 days after the trade |
| 2025-03-24 | SMITH DAVID D | director | Purchase | 17,902 @ $16.45 | $294K | +1.7% of holding | −6.6% | −24.0% | 1,082,771 | Form 4 · filed same day |
| 2025-03-21 | SMITH DAVID D | director | Purchase | 92,664 @ $17.11 | $1.6M | +9.5% of holding | −9.4% | −32.0% | 1,064,869 | Form 4 · filed 3 days after the trade |
| 2025-03-19 | SMITH DAVID D | director | Purchase | 4,638 @ $15.90 | $74K | +0.5% of holding | −7.0% | −26.8% | 967,589 | Form 4 · filed 1 day after the trade |
| 2025-03-18 | SMITH DAVID D | director | Purchase | 61,591 @ $15.79 | $973K | +6.8% of holding | −6.4% | −25.9% | 962,951 | Form 4 · filed 2 days after the trade |
| 2025-03-12 | SMITH DAVID D | director | Purchase | 42,595 @ $14.08 | $600K | +5.0% of holding | −2.1% | −17.6% | 901,360 | Form 4 · filed 2 days after the trade |
| 2025-03-11 | SMITH DAVID D | director | Purchase | 39,896 @ $13.94 | $556K | +4.9% of holding | −0.4% | −21.2% | 858,765 | Form 4 · filed 1 day after the trade |
| 2025-03-10 | SMITH DAVID D | director | Purchase | 67,131 @ $13.96 | $937K | +8.9% of holding | +8.1% | −15.3% | 818,869 | Form 4 · filed 2 days after the trade |
| 2025-03-06 | SMITH DAVID D | director | Purchase | 22,752 @ $14.28 | $325K | +3.1% of holding | +7.4% | −13.9% | 751,738 | Form 4 · filed 4 days after the trade |
| 2025-03-05 | SMITH DAVID D | director | Purchase | 30,296 @ $14.09 | $427K | +4.3% of holding | +12.4% | −9.1% | 728,986 | Form 4 · filed 1 day after the trade |
| 2025-03-04 | SMITH DAVID D | director | Purchase | 53,126 @ $13.73 | $729K | +8.2% of holding | +22.7% | −2.9% | 698,690 | Form 4 · filed 2 days after the trade |
| 2025-03-03 | SMITH DAVID D | director | Purchase | 38,410 @ $14.01 | $538K | +6.3% of holding | +20.0% | −2.6% | 645,564 | Form 4 · filed 1 day after the trade |
The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.
125 award / exercise / gift records — not counted as purchases
Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.
| Date | Person | Role | Action | Shares | Owned after | Filing |
|---|---|---|---|---|---|---|
| 2026-08-10 | Gibber David B | officer | Discretionary | 5,799 | 184,244 | Form 4 |
| 2026-06-24 | BOCHENEK DAVID R | officer | Other acquisition | 8,617 | 17,581 | Form 4 |
| 2026-06-24 | BOCHENEK DAVID R | officer | Other acquisition | 8,617 | 17,581 | Form 4 |
| 2026-06-04 | Legg Benson E | director | Award / grant | 17,095 | 56,760 | Form 4 |
| 2026-06-04 | SMITH ROBERT E | director | Award / grant | 17,095 | 114,808 | Form 4 |
| 2026-06-04 | KEITH DANIEL C | director | Award / grant | 17,095 | 42,122 | Form 4 |
| 2026-06-04 | Friedman Howard E | director | Award / grant | 17,095 | 94,780 | Form 4 |
| 2026-06-04 | Legg Benson E | director | Award / grant | 17,095 | 56,760 | Form 4 |
| 2026-06-04 | Beyer Laurie R | director | Award / grant | 17,095 | 84,208 | Form 4 |
| 2026-06-04 | SMITH ROBERT E | director | Award / grant | 17,095 | 114,808 | Form 4 |
| 2026-06-04 | CARSON BENJAMIN SR | director | Award / grant | 17,095 | 77,660 | Form 4 |
| 2026-06-04 | CARSON BENJAMIN SR | director | Award / grant | 17,095 | 77,660 | Form 4 |
| 2026-06-04 | Beyer Laurie R | director | Award / grant | 17,095 | 84,208 | Form 4 |
| 2026-06-04 | Friedman Howard E | director | Award / grant | 17,095 | 94,780 | Form 4 |
| 2026-06-04 | KEITH DANIEL C | director | Award / grant | 17,095 | 42,122 | Form 4 |
| 2026-03-30 | SMITH DAVID D | director | Gift | 1,000,000 | 2,911,072 | Form 4 |
| 2026-03-30 | SMITH DAVID D | director | Award / grant | 1,000,000 | 1,000,000 | Form 4 |
| 2026-03-30 | SMITH DAVID D | director | Gift | 1,000,000 | 5,911,072 | Form 4 |
| 2026-03-30 | SMITH DAVID D | director | Gift | 1,000,000 | 3,911,072 | Form 4 |
| 2026-03-30 | SMITH DAVID D | director | Gift | 1,000,000 | 4,911,072 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 626,300 | 5,032,172 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 626,300 | 6,911,072 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 626,300 | 5,658,472 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 626,300 | 6,284,772 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 373,700 | 4,032,172 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 373,700 | 3,284,772 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 373,700 | 3,658,472 | Form 4 |
| 2026-03-27 | SMITH DAVID D | director | Other acquisition | 373,700 | 4,405,872 | Form 4 |
| 2026-03-09 | SMITH J DUNCAN | director | Gift | 629,700 | 5,293,086 | Form 4 |
| 2026-03-09 | SMITH J DUNCAN | director | Award / grant | 629,700 | 629,700 | Form 4 |
| 2026-03-08 | Ripley Christopher | officer | Withheld for tax | 36,853 | 824,032 | Form 4 |
| 2026-03-08 | Gibber David B | officer | Withheld for tax | 11,056 | 213,072 | Form 4 |
| 2026-03-08 | Smith Jason Ryan | officer | Withheld for tax | 9,214 | 291,905 | Form 4 |
| 2026-03-08 | Bray Justin LeRoy | officer | Award / grant | 2,652 | 51,314 | Form 4 |
| 2026-03-06 | SMITH J DUNCAN | director | Other acquisition | 629,700 | 5,922,786 | Form 4 |
| 2026-02-28 | Ripley Christopher | officer | Withheld for tax | 114,206 | 860,885 | Form 4 |
| 2026-02-28 | Smith Jason Ryan | officer | Withheld for tax | 34,099 | 301,119 | Form 4 |
| 2026-02-28 | Gibber David B | officer | Withheld for tax | 16,902 | 224,128 | Form 4 |
| 2026-02-28 | Bray Justin LeRoy | officer | Withheld for tax | 4,809 | 56,653 | Form 4 |
| 2026-02-27 | Weisbord Robert | officer | Disposition | 92,081 | 300,042 | Form 4 |
Source: SEC Form 4 filings. Each row links to its original filing.
Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.
Congressional disclosures
No congressional trades disclosed for this company.
Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.