Form 4: Sonic Automotive Director William R. Brooks Acquires Shares
SEC Form 4
William R. Brooks, a director at Sonic Automotive, acquired 3,428 shares of Class A Common Stock on April 24, 2025.
Summary
- On April 24, 2025, William R. Brooks, a director of Sonic Automotive Inc., acquired 3,428 shares of Class A Common Stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Brooks directly owns 114,982 shares of Class A Common Stock.
- The shares were acquired through restricted stock units granted under the Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors, Amended and Restated Effective as of May 15, 2023.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of share acquisition by a director, which doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| May 15, 2023 | Effective date of the Amended and Restated Sonic Automotive, Inc. 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors. |
| April 24, 2025 | Date of the transaction where William R. Brooks acquired 3,428 shares of Class A Common Stock. |
Keywords
Sonic Automotive, William R. Brooks, Director, Share Acquisition, Class A Common Stock, Restricted Stock Units, Form 4
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