Form 4: Sonic Automotive Executive Jeff Dyke Reports Stock Transactions

Jeff Dyke, President of Sonic Automotive, reports disposition of shares to cover tax obligations and indirect ownership through Ash & Erin, LLC.

Summary

• On May 6, 2025, Jeff Dyke, President of Sonic Automotive, disposed of 145,334 shares of Class A Common Stock to satisfy withholding tax obligations at a price of $62.82 per share.
• Following the transaction, Dyke directly owns 655,393 shares of Class A Common Stock.
• Dyke also indirectly owns 161,622 shares through Ash & Erin, LLC, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• The report was signed on May 8, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.

Industry Context

This is a standard SEC Form 4 filing, which is required when an insider of a publicly traded company (like an officer or director) buys or sells the company's stock. These filings are closely watched by investors for insights into management's view of the company's prospects.

Key Dates

Keywords

Sonic Automotive, Jeff Dyke, Form 4, Stock Transaction, Beneficial Ownership, Class A Common Stock, Insider Trading, SAH