Sonic Automotive (SAH) CEO updates stock holdings in annual Form 5
Rhea-AI Filing Summary
Sonic Automotive, Inc. Chairman and CEO David Bruton Smith filed an annual Form 5 reporting a change in his beneficial ownership of Class A common stock for the fiscal year ended 12/31/2025. On 07/07/2025, he acquired 1,250 shares of Class A common stock in a transaction coded "W" at a reported price of $0, reflecting receipt from The Estate of Bonita Smith under the laws of descent and distribution.
Following this transaction, he beneficially owned 553,593 Class A shares directly. He is also reported as indirectly beneficially owning 836,534 Class A shares through OBS Family, LLC, while disclaiming beneficial ownership of those shares except to the extent of his pecuniary interest.
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FAQ
What does Sonic Automotive (SAH) report in this Form 5 filing?
The filing reports that Chairman and CEO David Bruton Smith updated his beneficial ownership of Class A common stock for Sonic Automotive, Inc. for the fiscal year ended 12/31/2025, including a reported acquisition of shares and his direct and indirect holdings.
How many Sonic Automotive (SAH) shares did David Bruton Smith acquire?
He acquired 1,250 shares of Sonic Automotive, Inc. Class A common stock on 07/07/2025 in a transaction coded "W" at a reported price of $0.
What is David Bruton Smith’s direct ownership in Sonic Automotive (SAH) after the reported transaction?
After the reported transaction, David Bruton Smith directly beneficially owned 553,593 shares of Sonic Automotive, Inc. Class A common stock.
What indirect Sonic Automotive (SAH) holdings are reported for David Bruton Smith?
The filing shows that he indirectly beneficially owned 836,534 shares of Class A common stock through OBS Family, LLC, with a disclaimer that he only acknowledges beneficial ownership to the extent of his pecuniary interest.
How were the additional Sonic Automotive (SAH) shares obtained by David Bruton Smith?
The 1,250 Class A shares were acquired from The Estate of Bonita Smith under the laws of descent and distribution, indicating they were received as part of an estate transfer.
What roles does David Bruton Smith hold at Sonic Automotive (SAH)?
He is identified as a Director, a 10% Owner, and an Officer of Sonic Automotive, Inc., with the officer title listed as Chairman and CEO.