Senior insider sale
EVP and CFO at SONIC AUTOMOTIVE INC — senior position signals high conviction
$2.43M
45.07K shares
What this filing means
BYRD HEATH plans to sell 45.07K shares of SONIC AUTOMOTIVE INC valued at approximately $2.43M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 8/30/2023ACC: 0001965353-23-000136
Officer· EVP and CFO
Since Feb 2019
45.07K
Shares to sell
$2.43M
Approx. market value
39.59K
Acquired (3 months)
1
Planned
1 completed
Securities Acquired — Last 3 Months1
STOCK OPTION EXERCISE
COMPENSATORY PAYMENT
8/30/2023
39.59KTotal acquired39.59K
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
8/30/2023 | STOCK OPTION EXERCISE COMPENSATORY PAYMENT | 39.59K | — |
| Total | 39.59K | ||
Planned & Completed Dispositions2
Completed
—Completed
Units to sell
5.47K
Market value
$295.8K
7/19/2023
Planned — Approximate Date
NEW YORKPlanned
Units to sell
39.59K
Market value
$2.14M
8/30/2023
Total
Units
45.07K
Value
$2.43M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
7/19/2023 | 5.47K | $295.8K | — | Completed |
| Planned — Approximate Date | ||||
8/30/2023 | 39.59K | $2.14M | NEW YORK | Planned |
| Total | 45.07K | $2.43M | ||