Sonic Automotive (SAH) director Marcus Smith reports updated share ownership
Rhea-AI Filing Summary
Sonic Automotive director and 10% owner Marcus G. Smith reported updates to his beneficial ownership of Class A Common Stock. During the issuer’s fiscal year ended 12/31/2025, he acquired 1,250 shares on 07/07/2025 in a transaction coded “W,” at a price of $0 per share. According to the footnotes, these shares were received from The Estate of Bonita Smith under the laws of descent and distribution.
After this inheritance, Smith directly held 100,121 shares of Sonic Automotive Class A Common Stock. He is also reported as having indirect beneficial ownership of 836,534 shares held by OBS Family, LLC, and he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
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FAQ
What insider activity did Marcus G. Smith report for Sonic Automotive (SAH)?
Marcus G. Smith reported an update to his beneficial ownership of Sonic Automotive Class A Common Stock for the fiscal year ended 12/31/2025, including an inherited acquisition of shares and his direct and indirect holdings at year-end.
How many Sonic Automotive Class A shares did Marcus G. Smith inherit?
He acquired 1,250 shares of Sonic Automotive Class A Common Stock on 07/07/2025 in a transaction coded “W,” which the footnote explains were received from The Estate of Bonita Smith under the laws of descent and distribution.
What are Marcus G. Smith’s direct share holdings in Sonic Automotive (SAH)?
Following the reported 07/07/2025 transaction, Marcus G. Smith directly held 100,121 shares of Sonic Automotive Class A Common Stock.
What indirect Sonic Automotive holdings are associated with Marcus G. Smith?
The filing reports 836,534 shares of Sonic Automotive Class A Common Stock held indirectly by OBS Family, LLC. The footnote states that Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
What is Marcus G. Smith’s relationship to Sonic Automotive?
Marcus G. Smith is identified as both a Director and a 10% Owner of Sonic Automotive, Inc. on the Form 5.
What does the transaction code “W” mean in Marcus G. Smith’s Form 5?
The Form 5 lists the 07/07/2025 Class A Common Stock acquisition of 1,250 shares with transaction code “W”. The accompanying footnote explains that the shares were acquired from The Estate of Bonita Smith under the laws of descent and distribution.