Jeff Dyke - 28 May 2025 Form 4 Insider Report for SONIC AUTOMOTIVE INC (SAH)

Role
President, Director
Signature
/s/ Jeff Dyke
Issuer symbol
SAH
Transactions as of
28 May 2025
Net transactions value
-$3,461,847
Form type
4
Filing time
30 May 2025, 16:46:44 UTC
Previous filing
08 May 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DYKE JEFF President, Director C/O SONIC AUTOMOTIVE, INC., 4401 COLWICK ROAD, CHARLOTTE /s/ Jeff Dyke 30 May 2025 0001448228

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAH Class A Common Stock Sale $1,150,871 -16,434 -2.5% $70.03 638,959 28 May 2025 Direct F1, F2
transaction SAH Class A Common Stock Sale $128,660 -1,838 -0.29% $70.00 637,121 29 May 2025 Direct F1
transaction SAH Class A Common Stock Sale $2,182,316 -31,152 -4.9% $70.05 605,969 30 May 2025 Direct F1, F3
holding SAH Class A Common Stock 161,622 28 May 2025 by Ash & Erin, LLC F4
* 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 This transaction was executed in multiple trades at prices ranging from $70.00 per share to $70.23 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 This transaction was executed in multiple trades at prices ranging from $70.00 per share to $70.18 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 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.