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

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ David B. Smith
Issuer symbol
SAH
Transactions as of
31 Mar 2023
Net transactions value
-$444,338
Form type
4
Filing time
04 Apr 2023, 08:11:12 UTC
Previous filing
16 Feb 2023
Next filing
08 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAH Class A Common Stock Tax liability $444,338 -8,177 -1.5% $54.34 519,816 31 Mar 2023 Direct F1
holding SAH Class A Common Stock 836,534 31 Mar 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.