Byrd Heath 4

What Happened
Byrd Heath, Executive Vice President and Chief Financial Officer of Sonic Automotive, was granted 26,183 performance-based restricted stock units (RSUs) on 2026-05-06. The filing reports the units at $0.00 (award/grant), as these are contingent derivative awards rather than an open-market purchase or sale. These RSUs represent a potential future delivery of Class A common stock (or cash equivalent) subject to performance conditions.

Key Details

• Transaction date: 2026-05-06; transaction type/code: A (award/grant).
• Amount: 26,183 performance-based RSUs; reported price: $0.00; reported total value: $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote summary: (1) Each unit is a contingent right to one share of Class A common stock or cash equivalent at the Compensation Committee’s discretion. (2) If performance criteria are met, vesting occurs in three installments: 25% on March 31, 2027; 30% on February 11, 2028; and 45% on February 11, 2029.
• Filing timeliness: Reported on 2026-05-06 for a transaction on the same date — appears to be timely.

Context
These awards are compensation-based, contingent on meeting performance targets and scheduled vesting dates. They do not represent an immediate purchase or sale of shares and may convert to stock or cash only if performance conditions are satisfied and per the Compensation Committee’s discretion.