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

Signature
/s/ David Bruton Smith
Issuer symbol
SAH
Transactions as of
31 Mar 2024
Net transactions value
-$395,277
Form type
4
Filing time
02 Apr 2024, 17:33:57 UTC
Previous filing
15 Feb 2024
Next filing
01 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAH Class A Common Stock Tax liability $395,277 -6,942 -1.2% $56.94 583,054 31 Mar 2024 Direct F1
holding SAH Class A Common Stock 836,534 31 Mar 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.