Sonic Automotive (NYSE: SAH) director awarded 2,843 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BELK WILLIAM I reported acquisition or exercise transactions in this Form 4 filing.
Sonic Automotive director William I. Belk received an award of 2,843 shares of Class A Common Stock on April 30, 2026. The shares were granted as restricted stock units under the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, as amended effective April 29, 2026.
After this equity award, Belk directly holds 107,168 shares of Sonic Automotive Class A Common Stock. The award was recorded at a price of $0.00 per share, reflecting its nature as a director compensation grant rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BELK WILLIAM I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,843 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 107,168 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,843 shares
Post-transaction holdings: 107,168 shares
Grant price per share: $0.00 per share
3 metrics
RSU grant size
2,843 shares
Restricted stock units of Class A Common Stock granted April 30, 2026
Post-transaction holdings
107,168 shares
Total direct Class A Common Stock held by William I. Belk after grant
Grant price per share
$0.00 per share
Reported transaction price for the 2,843 restricted stock units
Key Terms
Restricted stock units, 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Class A Common Stock
3 terms
Restricted stock units financial
"Restricted stock units granted pursuant to the Sonic Automotive, Inc. 2012 Formula"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors financial
"granted pursuant to the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Sonic Automotive (SAH) report for William I. Belk?
Sonic Automotive reported that director William I. Belk received 2,843 restricted stock units of Class A Common Stock as a grant. The award carried a price of $0.00 per share, reflecting non-cash director compensation rather than an open-market stock purchase or sale.
What plan governs the RSU grant to Sonic Automotive (SAH) director William I. Belk?
The restricted stock units granted to William I. Belk were issued under the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors. This plan was amended and restated effective April 29, 2026, and serves as the governing compensation framework.
Was the April 30, 2026 Sonic Automotive (SAH) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was coded “A” as a grant, award, or other acquisition. William I. Belk received 2,843 restricted stock units at $0.00 per share as part of non-employee director equity compensation, rather than trading in the open market.
Does this Sonic Automotive (SAH) Form 4 show any derivative securities for William I. Belk?
This Form 4 does not list any derivative security transactions for William I. Belk. The reported activity involves only non-derivative Class A Common Stock, issued as 2,843 restricted stock units, with no accompanying options, warrants, or other derivative positions disclosed in the filing data.