David Bruton Smith - 05 Feb 2025 Form 4 Insider Report for SONIC AUTOMOTIVE INC (SAH)

Reporting relationship: Chairman and CEO, Director, 10%+ Owner
Issuer ticker: SAH
Reported as of: 05 Feb 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Feb 2025, 16:03:44 UTC
Prior SEC filing: 15 May 2024
Next SEC filing: 11 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ David B. Smith

Key filing fact

David Bruton Smith filed Form 4 for SONIC AUTOMOTIVE INC (SAH) on 07 Feb 2025.

Key facts

This page summarizes David Bruton Smith's Form 4 filing for SONIC AUTOMOTIVE INC (SAH).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 07 Feb 2025, 16:03.

Change

Previous filing in this sequence was filed on 15 May 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SAH transaction Derivative

Performance-Based Restricted Stock Units

Award

Transaction value: $0
Shares: +53,035
Change %
Price: $0.000000
Shares after: 53,035
Date: 05 Feb 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 53,035
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each performance-based restricted stock unit represents a contingent right to receive, upon the satisfaction of certain performance criteria, one share of Class A Common Stock, the equivalent cash value, or a combination of both, at the option and sole discretion of the Compensation Committee of Sonic Automotive, Inc.

Footnote F2

If the performance criteria are met, this award will vest in three annual installments, with twenty-five percent (25%) of the units vesting on March 31, 2026, thirty percent (30%) of the units vesting on February 5, 2027, and forty-five percent (45%) of the units vesting on February 5, 2028.