We are given that \( \sec(\theta + \alpha) \), \( \sec(\theta) \), and \( \sec(\theta - \alpha) \) are in arithmetic progression. In arithmetic progression, the middle term is the average of the other two terms:
\[
\sec(\theta) = \frac{\sec(\theta + \alpha) + \sec(\theta - \alpha)}{2}
\]
Step 1: Use the sum and difference identities for secant.
Using the identity for secant:
\[
\sec(\theta + \alpha) + \sec(\theta - \alpha) = 2 \sec(\theta) \cos \alpha
\]
Thus, we can write:
\[
\sec(\theta) = \sec(\theta) \cos \alpha
\]
Step 2: Solve for \( \sin^2 \theta \).
Rearranging:
\[
1 = \cos \alpha
\]
So, \( \sin^2 \theta = 1 - \cos^2 \theta = - \cos \alpha \).
Thus, the answer is \( -\cos \alpha \), which corresponds to option (4).