David B. Smith - Mar 31, 2023 Form 4 Insider Report for SONIC AUTOMOTIVE INC (SAH)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ David B. Smith
Stock symbol
SAH
Transactions as of
Mar 31, 2023
Transactions value $
-$444,338
Form type
4
Date filed
4/4/2023, 08:11 AM
Previous filing
Feb 16, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAH Class A Common Stock Tax liability -$444K -8.18K -1.55% $54.34 520K Mar 31, 2023 Direct F1
holding SAH Class A Common Stock 837K Mar 31, 2023 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.