Sonic Automotive (NYSE: SAH) president uses shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sonic Automotive president and director Jeff Dyke reported using shares to cover tax withholding on vested restricted stock units. On 02/07/2026 he delivered 6,379 shares of Class A common stock at $62.46 per share, and on 02/08/2026 he delivered 5,346 shares at the same price.
After these transactions he held 593,668 Class A shares directly. He also had 161,622 Class A shares indirectly held through Ash & Erin, LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
DYKE JEFF
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,346 | $62.46 | $334K |
| Tax Withholding | Class A Common Stock | 6,379 | $62.46 | $398K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 593,668 shares (Direct);
Class A Common Stock — 161,622 shares (Indirect, by Ash & Erin, LLC)
Footnotes (1)
- Represents shares delivered by the reporting person to Sonic Automotive, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock units. The reporting person disclaims beneficial ownership of such shares of Sonic Automotive, Inc.'s Class A Common Stock, except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did Sonic Automotive (SAH) report for Jeff Dyke?
Sonic Automotive reported that president and director Jeff Dyke delivered shares to the company to cover tax withholding on vested restricted stock units, rather than selling shares in the open market, in early February 2026 at a price of $62.46 per share.
What does the indirect ownership by Ash & Erin, LLC mean for Sonic Automotive (SAH)?
The filing shows 161,622 Sonic Automotive Class A shares held indirectly through Ash & Erin, LLC. Jeff Dyke disclaims beneficial ownership of those shares, except to the extent of his pecuniary interest, indicating a related entity holds them rather than his direct personal account.
Were Jeff Dyke’s Sonic Automotive (SAH) transactions open-market sales?
The transactions were not open-market sales. They are coded “F,” and a footnote explains they represent shares delivered to Sonic Automotive to satisfy withholding tax obligations arising from the vesting of restricted stock units, rather than discretionary stock sales.
What role does Jeff Dyke hold at Sonic Automotive (SAH) according to this filing?
According to the filing, Jeff Dyke serves as both a director and an officer of Sonic Automotive, with the officer title of president. The reported equity transactions relate to his compensation in the form of restricted stock units and associated tax withholding.