DYKE JEFF 4

What Happened
Jeff Dyke, President and a director of Sonic Automotive (SAH), sold 50,000 shares of the company's Class A common stock on June 8, 2026. The sales were executed in multiple trades at prices ranging from $80.50 to $83.885 per share, with a reported weighted-average price of $82.97, for aggregate proceeds of $4,148,335. The transaction was made pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-06-08 (filed same day; no late filing indicated).
• Shares sold: 50,000; weighted-average price: $82.97; total proceeds: $4,148,335.
• Price range: $80.50 to $83.885 per share; reporting person can provide a per-trade breakdown on request (F2).
• Sale executed under a pre-established 10b5-1 plan (F1).
• Ownership after transaction: not specified in the provided filing; filing includes a disclaimer that the reporting person disclaims beneficial ownership except for any pecuniary interest (F3).

Context

• This was a sale (not a purchase), which is often routine and can reflect personal liquidity or pre-set trading plans rather than a view on the company’s prospects.
• The use of a 10b5-1 plan means trades were pre-authorized under a plan that can provide affirmative defenses against insider trading claims when properly structured.