TAYLOR R EUGENE 4
Research Summary
AI-generated summary
Sonic Automotive Director R. Eugene Taylor Receives RSU Award
What Happened R. Eugene Taylor, a director of Sonic Automotive, was granted 2,843 restricted stock units (RSUs) on April 30, 2026. The Form 4 shows an acquisition-type award at a reported price of $0.00 (i.e., an equity grant rather than a purchase); no cash value or fair-market valuation is provided on the filing.
Key Details
- Transaction date: 2026-04-30; Transaction type: Award/Grant (code A) of 2,843 RSUs at $0.00.
- Shares owned following the transaction: not specified in the Form 4.
- Footnote: RSUs granted pursuant to the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Amended and Restated Effective April 29, 2026.
- Filing timeliness: Reported on Form 4 with a report date of 2026-04-30 (filed same day), indicating a timely filing.
Context RSUs are a form of equity compensation that generally vest over time or upon meeting conditions; they are not an immediate cash purchase or sale. Grants to non-employee directors are routine compensation and do not by themselves indicate a buy or sell signal from the insider.