Sonic Automotive (SAH) insider B. Scott Smith reports inherited shares
Rhea-AI Filing Summary
Sonic Automotive director and 10% owner B. Scott Smith filed an annual statement of changes in beneficial ownership for the fiscal year ended 12/31/2025. On 07/07/2025 he acquired 1,250 shares of Class A Common Stock, coded "W", from The Estate of Bonita Smith under the laws of descent and distribution at a reported price of $0. After this transaction, he directly held 397,457 Class A shares and indirectly held 836,534 Class A shares through OBS Family, LLC. He disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.
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FAQ
What insider activity did Sonic Automotive (SAH) report in this Form 5?
The filing shows that B. Scott Smith, a director and 10% owner of Sonic Automotive, acquired 1,250 shares of Class A Common Stock on 07/07/2025. The shares were received from The Estate of Bonita Smith under the laws of descent and distribution.
How many Sonic Automotive (SAH) shares does B. Scott Smith beneficially own after this transaction?
Following the reported transaction, B. Scott Smith beneficially owns 397,457 Class A shares directly and 836,534 Class A shares indirectly through OBS Family, LLC.
What was the reported price for the Sonic Automotive (SAH) shares acquired by B. Scott Smith?
The 1,250 Class A Common Stock shares acquired on 07/07/2025 were reported at a price of $0, reflecting that they were received via inheritance from The Estate of Bonita Smith.
Does B. Scott Smith claim full beneficial ownership of the Sonic Automotive (SAH) shares held by OBS Family, LLC?
No. The filing states that he disclaims beneficial ownership of the Class A Common Stock held through OBS Family, LLC, except to the extent of his pecuniary interest in those shares.
For which fiscal year is this Sonic Automotive (SAH) Form 5 statement filed?
The annual statement of changes in beneficial ownership is filed for Sonic Automotive’s fiscal year ended 12/31/2025.