Sonic Automotive President Sells 50,000 Shares
Sonic Automotive, a major U.S. auto retailer, reported a notable insider sale
Sonic Automotive President Sells 50,000 Shares
Overview
Sonic Automotive (NYSE:SAH), a major U.S. auto retailer, reported a notable insider sale amid ongoing shifts in executive shareholdings.
On June 9 and June 10, Jeff Dyke, President of Sonic Automotive, reported the direct sale of 50,000 shares of Common Stock in multiple open-market transactions, as disclosed in this SEC Form 4 filing.
Details
Transaction value based on SEC Form 4 weighted average purchase price ($85.19); post-transaction value based on June 10 market close.
Source
Originally published at www.fool.com.
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