Smith David Bruton's Form 4 filing
Sonic Automotive Inc (SAH) · filed May 9, 2024
- Accession no.
- 0001043509-24-000053
- Filed
- May 9, 2024
- Trade date
- May 7-9, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $3.96M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Smith David BrutonCIK 0001448501 | Director, Officer (Chairman and CEO), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 7, 2024 | Class A Common Stock | MOption exerciseAcquired | +21 | $16.76 | +$351.96 | 583,075 | Direct | |
| May 7, 2024 | Class A Common Stock | SSaleDisposed | −21 | $58.49 | −$1,228.29 | 583,054 | Direct | |
| May 9, 2024 | Class A Common Stock | MOption exerciseAcquired | +67,703 | $16.76 | +$1,134,702.28 | 650,757 | Direct | |
| May 9, 2024 | Class A Common Stock | SSaleDisposed | −67,703 | $58.43F1 | −$3,955,886.29 | 583,054 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 7, 2024 | Class A Common Stock | MOption exerciseDisposed | −21 | $0.00 | $0 | 148,519 | Direct | |
| May 9, 2024 | Class A Common Stock | MOption exerciseDisposed | −67,703 | $0.00 | $0 | 80,816 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This transaction was executed in multiple trades at prices ranging from $58.29 per share to $58.84 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.