Sinclair chief accounting officer to exit in November with 24-month cash severance
HUNT VALLEY, August 24. A 24-month cash severance package accompanies the departure of David Bochenek, Sinclair, Inc.'s Senior Vice President and Chief Accounting Officer, effective November 9, 2026, according to an 8-K the company filed with the Securities and Exchange Commission on August 28. Bochenek will remain in his current role through the Separation Date to assist with transitional matters, the release shows.
Key takeaways
- Sinclair Chief Accounting Officer David Bochenek will depart effective November 9, 2026, receiving a 24-month cash severance package.
- His severance, based on his May 22, 2019 employment agreement's termination-without-cause provisions, includes base salary through November 30, 2026, unused vacation pay, and a cash lump sum equal to 24 months of base salary.
- Bochenek will also receive an approximately $66,000 bonus paid over six months, conditioned on signing a release and complying with non-compete, non-solicitation, non-disclosure, and non-disparagement covenants.
- Subject to compensation committee approval, his outstanding stock appreciation rights under the 2022 Stock Incentive Plan would be amended to extend the exercise period to each award's full 10-year expiration date.
- CFO Narinder Sahai will assume the principal accounting officer designation effective November 9, 2026, without additional compensation.
HUNT VALLEY, August 24. A 24-month cash severance package accompanies the departure of David Bochenek, Sinclair, Inc.'s Senior Vice President and Chief Accounting Officer, effective November 9, 2026, according to an 8-K the company filed with the Securities and Exchange Commission on August 28. Bochenek will remain in his current role through the Separation Date to assist with transitional matters, the release shows.
The severance terms are drawn from Bochenek's employment agreement dated May 22, 2019, specifically the provisions for a termination without cause. Within 30 days after the Separation Date, he will receive payment of his annual base salary through November 30, 2026, and a separate payment for unutilized vacation time accrued through November 9. A cash lump sum equal to 24 months of his then-current annual base salary is also included, per the filing.
The company will also pay Bochenek a bonus of approximately $66,000, distributed over the six months following separation. That payment is conditioned on his execution of a waiver and release of claims and his compliance with non-competition, non-solicitation, non-disclosure, and non-disparagement covenants set out in the Separation Agreement. He forfeits the bonus if he revokes the release or violates any of those covenants.
On the equity side, subject to compensation committee approval, Sinclair and Bochenek will amend each of his outstanding stock appreciation rights granted under Sinclair's 2022 Stock Incentive Plan. The amendment, to be executed simultaneously with the release of claims, would extend the post-termination exercise period on those SARs to each award's full 10-year expiration date, the filing shows. The SARs amendment is contingent on the same conditions as the bonus.
Bochenek has agreed to remain available after November 9 to answer questions related to Sinclair's 2026 Form 10-K through the date that annual report is filed. He is currently Sinclair's principal accounting officer.
Narinder Sahai, Executive Vice President and Chief Financial Officer, will assume that designation effective November 9. Sahai will not receive additional compensation for the added responsibility, the filing states. He signed the 8-K on August 28. Sinclair, Inc. (SBGI) is headquartered in Hunt Valley, Maryland, and trades on the Nasdaq Stock Market.