Sonic Automotive (NYSE: SAH) director awarded 2,843-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAYLOR R EUGENE reported acquisition or exercise transactions in this Form 4 filing.
Sonic Automotive director R. Eugene Taylor received an equity grant in the form of Class A Common Stock. The award covers 2,843 shares at a stated price of $0.00 per share, reflecting a compensation grant rather than a market purchase. Following this grant, Taylor directly holds 63,926 shares. The footnote explains that the grant was made as restricted stock units under Sonic Automotive’s 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, as amended effective April 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TAYLOR R EUGENE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,843 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 63,926 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 2,843 shares
Grant price per share: $0.00 per share
Post-grant holdings: 63,926 shares
+1 more
4 metrics
Equity grant size
2,843 shares
Class A Common Stock award to R. Eugene Taylor
Grant price per share
$0.00 per share
Stated price for equity compensation grant
Post-grant holdings
63,926 shares
Taylor’s direct Class A Common Stock holdings after grant
Plan reference year
2012 plan, amended effective April 29, 2026
Sonic Automotive non-employee director equity plan
Key Terms
Restricted stock units, Formula Restricted Stock and Deferral Plan, Non-Employee Directors, Form 4
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.
Formula Restricted Stock and Deferral Plan financial
"Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors"
Non-Employee Directors financial
"2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Amended and Restated Effective as of April 29, 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Sonic Automotive (SAH) report for R. Eugene Taylor?
Sonic Automotive reported that director R. Eugene Taylor received a grant of 2,843 shares of Class A Common Stock as equity compensation. The shares were awarded at a stated price of $0.00 per share, indicating a non-cash grant rather than an open-market purchase.
Was the Sonic Automotive (SAH) Form 4 transaction a market buy or a compensation grant?
The Form 4 transaction was a compensation-related grant, not a market purchase. Taylor received 2,843 shares at a stated price of $0.00 per share as restricted stock units under Sonic Automotive’s 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors.
Does the Sonic Automotive (SAH) Form 4 show any stock sales by R. Eugene Taylor?
The Form 4 does not report any stock sales by R. Eugene Taylor. It shows a single acquisition transaction coded as a grant or award, involving 2,843 shares of Class A Common Stock received as equity compensation for his role as a non-employee director.