Sonic Automotive (NYSE: SAH) director granted 4,373 RSUs, expanding holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH BRYAN SCOTT reported acquisition or exercise transactions in this Form 4 filing.
Sonic Automotive director Bryan Scott Smith reported a compensation-related equity grant in Class A Common Stock. He received 4,373 restricted stock units at a price of $0.00 per share under the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Amended and Restated Effective as of April 29, 2026.
After this award, Smith directly owns 401,830 shares of Class A Common Stock. The filing also shows an indirect holding of 836,534 shares held by OBS Family, LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SMITH BRYAN SCOTT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,373 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 401,830 shares (Direct, null);
Class A Common Stock — 836,534 shares (Indirect, by OBS Family, LLC)
Footnotes (1)
- Restricted stock units granted pursuant to the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Amended and Restated Effective as of April 29, 2026. 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.
Key Figures
RSUs granted: 4,373 units
Grant price: $0.00 per share
Direct holdings after grant: 401,830 shares
+3 more
6 metrics
RSUs granted
4,373 units
Restricted stock units of Class A Common Stock granted at $0.00
Grant price
$0.00 per share
Price per share for the 4,373 restricted stock units
Direct holdings after grant
401,830 shares
Class A Common Stock directly owned after the award
Indirect holdings
836,534 shares
Class A Common Stock held indirectly by OBS Family, LLC
Award date
April 30, 2026
Transaction date for the RSU grant entry
Acquisition transactions
1 transaction
transactionSummary acquireCount for this Form 4
Key Terms
Restricted stock units, 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, pecuniary interest, indirect ownership
4 terms
Restricted stock units financial
"Restricted stock units granted pursuant to the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan"
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"
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest therein"
indirect ownership financial
"Class A Common Stock, indirect ownership by OBS Family, LLC"
FAQ
What insider transaction did SONIC AUTOMOTIVE INC (SAH) report for Bryan Scott Smith?
SONIC AUTOMOTIVE INC reported that director Bryan Scott Smith received 4,373 restricted stock units of Class A Common Stock as a compensation grant. The award was made at $0.00 per share under the company’s non-employee director equity plan.
What is the size and nature of the equity award to the SONIC AUTOMOTIVE INC (SAH) director?
The equity award to the Sonic Automotive director consists of 4,373 restricted stock units of Class A Common Stock. These were granted at $0.00 per share as a non-cash compensation grant under the 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors.
Which plan governs the restricted stock units granted in this SONIC AUTOMOTIVE INC (SAH) filing?
The restricted stock units were granted under the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Amended and Restated Effective as of April 29, 2026. This plan provides equity-based compensation specifically for non-employee directors.
What indirect holdings are disclosed for Bryan Scott Smith in SONIC AUTOMOTIVE INC (SAH)?
The filing discloses 836,534 shares of Sonic Automotive Class A Common Stock held indirectly by OBS Family, LLC. Bryan Scott Smith reports this position as indirect ownership and disclaims beneficial ownership except to the extent of his pecuniary interest in those shares.
Does the SONIC AUTOMOTIVE INC (SAH) Form 4 indicate an open-market buy or sell by the director?
The Form 4 does not show an open-market buy or sell by the director. Instead, it reports a compensation-related grant of 4,373 restricted stock units at $0.00 per share, classified as a grant, award, or other acquisition transaction.