Byrd Heath 4
4 · SONIC AUTOMOTIVE INC · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Sonic Automotive (SAH) CFO Heath Byrd Sells 9,526 Shares
What Happened
Heath Byrd, EVP and Chief Financial Officer of Sonic Automotive (SAH), sold 9,526 shares of the company's Class A common stock in an open‑market transaction on May 28, 2026. The shares were sold at $85.00 per share for a total proceeds of $809,710. This transaction was a sale (routine disposition) and was executed pursuant to a pre-established 10b5‑1 trading plan.
Key Details
- Transaction date and price: 2026-05-28, 9,526 shares at $85.00 per share (total $809,710).
- Transaction type/code: Open-market sale (S).
- Filed with SEC: Report filed June 1, 2026 (no late‑filing indication in the provided data).
- Footnotes: F1 — shares sold pursuant to a pre-established 10b5‑1 trading plan; F2 — reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- Shares owned after transaction: Not specified in the provided filing summary.
Context
10b5‑1 plans allow insiders to execute trades according to a preset schedule or rules and are often used to avoid questions about timing; such sales do not necessarily reflect the insider’s current view of the company. The F2 disclaimer indicates the reporting person disclaims beneficial ownership of the shares except for any pecuniary interest noted in the filing.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-05-28$85.00/sh−9,526$809,710→ 139,013 total
- 12,129(indirect: By LLC)
Class A Common Stock
[F2]
Footnotes (2)
- [F1]Shares sold pursuant to pre-established 10b5-1 Trading Plan.
- [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.