Heath Byrd - Jul 18, 2024 Form 4 Insider Report for SONIC AUTOMOTIVE INC (SAH)

Role: EVP and CFO
Signature: /s/ Heath R. Byrd
Stock symbol: SAH
Transactions as of: Jul 18, 2024
Transactions value $: -$1,189,620
Form type: 4
Date filed: 7/18/2024, 05:32 PM
Previous filing: Jun 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAH	Class A Common Stock	Sale	-$1.19M	-19.8K	-10.25%	$60.00	174K	Jul 18, 2024	Direct	F1
holding	SAH	Class A Common Stock						12.1K	Jul 18, 2024	by Bucknell Avenue, LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Shares sold pursuant to pre-established 10b5-1 Trading Plan.
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.