SMITH DAVID BRUTON (Chief Executive Officer) exercised options at SONIC AUTOMOTIVE INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/2/2026ACC: 0001628280-26-023057
DirectorOfficer10% Owner· Chief Executive Officer
Since Sep 2018
-13.26K
Net shares
Net seller
$909.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
13.26K acquired · 26.52K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+13.26K
Price / share
—
Trade value
—
% of position
2.5%
3/31/2026
532K→545.26K
Class A Common Stock
Direct
Shares
−13.26K
Price / share
$68.57
Trade value
$909.17K
% of position
2.4%
3/31/2026
545.26K→532K
Total
Net shares
+0.00
Net value
-$909.17K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 3/31/2026 | M · Option Exercise | +13.26K | — | — | 2.5% | 532K | 545.26K |
| Class A Common Stock Direct | 3/31/2026 | D · Disposition | −13.26K | $68.57 | $909.17K | 2.4% | 545.26K | 532K |
| Total | +0.00 | -$909.17K | ||||||
Derivative Transactions1
Performance-Based Restricted Stock Units
Direct
Converts to
Class A Common Stock
13.26K shares
Shares
−13.26K
Strike price
Held after
39.78K
Exercisable
—
3/31/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units Direct | Class A Common Stock13.26K shares | 3/31/2026 | M · Option Exercise | −13.26K | — | 39.78K |
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