BYRD HEATH (EVP and CFO) sold 16.9% of their position (34.19K shares) of SONIC AUTOMOTIVE INC on the open market
Open‑market sale worth $1.85M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 9/14/2023ACC: 0001209191-23-049440
Officer· EVP and CFO
Since Feb 2019
-34.19K
Net shares
Net seller
$1.85M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
34.19K acquired · 68.37K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+34.19K
Price / share
$16.76
Trade value
$572.96K
% of position
20.3%
9/14/2023
168.62K→202.81K
Class A Common Stock
Direct
Shares
−34.19K
Price / share
$54.01
Trade value
$1.85M
% of position
16.9%
9/14/2023
202.81K→168.62K
Total
Net shares
+0.00
Net value
-$1.27M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 9/14/2023 | M · Option Exercise | +34.19K | $16.76 | $572.96K | 20.3% | 168.62K | 202.81K |
| Class A Common Stock Direct | 9/14/2023 | S · Sale | −34.19K | $54.01 | $1.85M | 16.9% | 202.81K | 168.62K |
| Total | +0.00 | -$1.27M | ||||||
Derivative Transactions1
Options to purchase
Direct
Converts to
Class A Common Stock
34.19K shares
Shares
−34.19K
Strike price
16.76
Held after
0.00
Exercisable
—
9/14/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Options to purchase Direct | Class A Common Stock34.19K shares | 9/14/2023 | M · Option Exercise | −34.19K | 16.76 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Class A Common Stock
IndirectShares owned23.65K
Total
23.65K indirect23.65K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 23.65K | Indirect |
| Total | 23.65K | 23.65K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported