DYKE JEFF 4
4 · SONIC AUTOMOTIVE INC · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Sonic Automotive (SAH) President Jeff Dyke Sells Shares for Tax Withholding
What Happened
Jeff Dyke, President and Director of Sonic Automotive, delivered shares back to the company to satisfy withholding tax obligations tied to vested restricted stock units. On 2026-02-07 he transferred 6,379 shares at $62.46 each ($398,432) and on 2026-02-08 he transferred 5,346 shares at $62.46 each ($333,911), for a total of 11,725 shares and $732,343. These were tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction dates and prices: 2026-02-07 — 6,379 shares @ $62.46; 2026-02-08 — 5,346 shares @ $62.46.
- Total shares surrendered: 11,725; total value surrendered: $732,343.
- Shares owned after transaction: not stated in the provided filing.
- Footnotes: F1 — shares delivered to Sonic to satisfy withholding tax on RSU vesting; F2 — Dyke disclaims beneficial ownership except for his pecuniary interest.
- Filing: Report filed 2026-02-10 for transactions on 2026-02-07 and 2026-02-08; no late-filing flag indicated in the provided data.
Context
This was a routine "sell-to-cover" (share surrender) to meet tax withholding obligations on vested restricted stock units, not a discretionary open-market sale or option exercise. Such withholding transactions are common after awards vest and do not necessarily signal the insider's view on the company.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-02-07$62.46/sh−6,379$398,432→ 599,014 total - Tax Payment
Class A Common Stock
[F1]2026-02-08$62.46/sh−5,346$333,911→ 593,668 total
- 161,622(indirect: By LLC)
Class A Common Stock
[F2]
Footnotes (2)
- [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.