SMITH DAVID BRUTON (Chief Executive Officer) sold 2.8% of their position (16.65K shares) of SONIC AUTOMOTIVE INC on the open market
Open‑market sale worth $988.1K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 5/15/2024ACC: 0001043509-24-000055
DirectorOfficer10% Owner· Chief Executive Officer
Since Sep 2018
-16.65K
Net shares
Net seller
$988.1K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
16.65K acquired · 33.29K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+16.65K
Price / share
$16.76
Trade value
$278.99K
% of position
2.9%
5/15/2024
583.05K→599.70K
Class A Common Stock
Direct
Shares
−16.65K
Price / share
$59.36
Trade value
$988.10K
% of position
2.8%
5/15/2024
599.70K→583.05K
Total
Net shares
+0.00
Net value
-$709.12K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 5/15/2024 | M · Option Exercise | +16.65K | $16.76 | $278.99K | 2.9% | 583.05K | 599.70K |
| Class A Common Stock Direct | 5/15/2024 | S · Sale | −16.65K | $59.36 | $988.10K | 2.8% | 599.70K | 583.05K |
| Total | +0.00 | -$709.12K | ||||||
Derivative Transactions1
Options to purchase
Direct
Converts to
Class A Common Stock
16.65K shares
Shares
−16.65K
Strike price
16.76
Held after
0.00
Exercisable
—
5/15/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Options to purchase Direct | Class A Common Stock16.65K shares | 5/15/2024 | M · Option Exercise | −16.65K | 16.76 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Class A Common Stock
IndirectShares owned836.53K
Total
836.53K indirect836.53K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 836.53K | Indirect |
| Total | 836.53K | 836.53K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported