David D. Smith
Net Worth
Last updated:
What is David D. Smith net worth?
The estimated net worth of Mr. David D. Smith is at least $99,370,156 as of 11 Jul 2022. He owns shares worth $33,152,240 as insider, has earned $22,564,586 from insider trading and has received compensation worth at least $43,653,330 in Sinclair Broadcast Group, Inc. and Koss Corporation.
What is the salary of David D. Smith?
Mr. David D. Smith salary is $2,410,000 per year as Executive Chairman in Sinclair Broadcast Group, Inc.. He also receives $273,330 as Chief Financial Officer & Sec. in Koss Corporation.
How old is David D. Smith?
Mr. David D. Smith is 74 years old, born in 1951.
What stocks does David D. Smith currently own?
As insider, Mr. David D. Smith owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Sinclair Broadcast Group, Inc. (SBGI) | Executive Chairman | 2,411,072 | $13.75 | $33,152,240 |
What does Sinclair Broadcast Group, Inc. do?
Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
David D. Smith insider trading
Sinclair Broadcast Group, Inc.
Mr. David D. Smith has made 42 insider trades between 2007-2022, according to the Form 4 filled with the SEC. Most recently he purchased 1,500,000 units of SBGI stock worth $31,185,000 on 11 Jul 2022.
The largest trade he's ever made was exercising 3,255,000 units of SBGI stock on 17 Mar 2020. As of 11 Jul 2022 he still owns at least 2,411,072 units of SBGI stock.
Sinclair Broadcast Group key executives
Sinclair Broadcast Group, Inc. executives and other stock owners filed with the SEC:
- Mr. Christopher S. Ripley (48) Pres & Chief Executive Officer
- Mr. David D. Smith (74) Executive Chairman
- Mr. Robert D. Weisbord (62) Pres of Broadcast & Chief Advter. Revenue Officer
- Ms. Lucy A. Rutishauser (60) Executive Vice President & Chief Financial Officer