David B. Smith - Mar 31, 2024 Form 4 Insider Report for SONIC AUTOMOTIVE INC (SAH)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ David Bruton Smith
Stock symbol
SAH
Transactions as of
Mar 31, 2024
Transactions value $
-$395,277
Form type
4
Date filed
4/2/2024, 05:33 PM
Previous filing
Feb 15, 2024
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAH Class A Common Stock Tax liability -$395K -6.94K -1.18% $56.94 583K Mar 31, 2024 Direct F1
holding SAH Class A Common Stock 837K Mar 31, 2024 by OBS Family, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.