Sonic Automotive CEO reports tax share transfers
Sonic Automotive (SAH) Chairman and CEO David Bruton Smith, who is also a director and 10% owner, reported two tax-related share transactions in Class A Common Stock.
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Rhea-AI Filing Summary
Sonic Automotive (SAH) Chairman and CEO David Bruton Smith, who is also a director and 10% owner, reported two tax-related share transactions in Class A Common Stock. On 02/07/2026 and 02/08/2026, he delivered 9,245 and 12,348 shares, respectively, at $62.46 per share to Sonic Automotive, Inc. to satisfy withholding tax obligations triggered by the vesting of restricted stock units. After these transactions, he directly beneficially owned 532,000 Class A shares. The filing also reports 836,534 Class A shares held indirectly by OBS Family, LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 12,348 | $62.46 | $771K |
| Exercise Price or Tax Liability | Class A Common Stock | 9,245 | $62.46 | $577K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares delivered by the reporting person to Sonic Automotive, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock units.
- F2. 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
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What insider activity did Sonic Automotive (SAH) report on this Form 4?
What does transaction code F mean in the Sonic Automotive (SAH) Form 4?
What is the role of OBS Family, LLC in David Bruton Smith’s Sonic Automotive (SAH) holdings?
What positions does David Bruton Smith hold at Sonic Automotive (SAH)?
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