A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 12 filings in this group are Form 4s for Sonic Automotive, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 12 insider filings shown, the breakdown is 5 open-market purchase, 4 open-market sale and 3 compensation award. 9 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market purchase
Insider Buying
2026-10-16
SAH insider Rusnak Paul P. (10% Owner) bought 12,555 shares (~$752.0K)
Rusnak Paul P., listed as 10% Owner at SONIC AUTOMOTIVE INC, reported an open-market purchase of 12,555 SAH shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
12,555 |
$59.90 |
$752.0K |
Filing: Form 4 (Insider Transaction)
Insider: Rusnak Paul P. (10% Owner)
Shares: 12,555
Est. Value: $752.0K
Form 4
Open-market purchase
Insider Buying
2026-10-09
SAH insider Rusnak Paul P. (10% Owner) bought 13,701 shares (~$819.0K)
Rusnak Paul P., listed as 10% Owner at SONIC AUTOMOTIVE INC, reported an open-market purchase of 13,701 SAH shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
13,701 |
$59.78 |
$819.0K |
Filing: Form 4 (Insider Transaction)
Insider: Rusnak Paul P. (10% Owner)
Shares: 13,701
Est. Value: $819.0K
Form 4
Open-market purchase
Insider Buying
2026-10-07
SAH insider Rusnak Paul P. (10% Owner) bought 1,119 shares (~$67.0K)
Rusnak Paul P., listed as 10% Owner at SONIC AUTOMOTIVE INC, reported an open-market purchase of 1,119 SAH shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,119 |
$59.90 |
$67.0K |
Filing: Form 4 (Insider Transaction)
Insider: Rusnak Paul P. (10% Owner)
Shares: 1,119
Est. Value: $67.0K
Form 4
Open-market purchase
Insider Buying
2026-10-06
SAH insider Rusnak Paul P. (10% Owner) bought 27,756 shares (~$1.66M)
Rusnak Paul P., listed as 10% Owner at SONIC AUTOMOTIVE INC, reported an open-market purchase of 27,756 SAH shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
27,756 |
$59.76 |
$1.66M |
Filing: Form 4 (Insider Transaction)
Insider: Rusnak Paul P. (10% Owner)
Shares: 27,756
Est. Value: $1.66M
Form 4
Open-market purchase
Insider Buying
2026-10-06
SAH insider Rusnak Paul P. (10% Owner) bought 21,645 shares (~$1.29M)
Rusnak Paul P., listed as 10% Owner at SONIC AUTOMOTIVE INC, reported an open-market purchase of 21,645 SAH shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
21,645 |
$59.50 |
$1.29M |
Filing: Form 4 (Insider Transaction)
Insider: Rusnak Paul P. (10% Owner)
Shares: 21,645
Est. Value: $1.29M
Form 4
Open-market sale
Insider Selling
2026-06-10
SAH insider DYKE JEFF (Director, President) sold 50,000 shares (~$4.26M)
DYKE JEFF, listed as Director, President at SONIC AUTOMOTIVE INC, reported an open-market sale of 50,000 SAH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
14,886 |
$85.13 |
$1.27M |
S |
Open-market sale
|
35,114 |
$85.22 |
$2.99M |
Filing: Form 4 (Insider Transaction)
Insider: DYKE JEFF (Director, President)
Shares: 50,000
Est. Value: $4.26M
Form 4
Open-market sale
Insider Selling
2026-06-08
SAH insider DYKE JEFF (Director, President) sold 50,000 shares (~$4.15M)
DYKE JEFF, listed as Director, President at SONIC AUTOMOTIVE INC, reported an open-market sale of 50,000 SAH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
50,000 |
$82.97 |
$4.15M |
Filing: Form 4 (Insider Transaction)
Insider: DYKE JEFF (Director, President)
Shares: 50,000
Est. Value: $4.15M
Form 4
Open-market sale
Insider Selling
2026-06-03
SAH insider Byrd Heath (EVP and CFO) sold 5,061 shares (~$430.2K)
Byrd Heath, listed as EVP and CFO at SONIC AUTOMOTIVE INC, reported an open-market sale of 5,061 SAH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5,061 |
$85.00 |
$430.2K |
Filing: Form 4 (Insider Transaction)
Insider: Byrd Heath (EVP and CFO)
Shares: 5,061
Est. Value: $430.2K
Form 4
Open-market sale
Insider Selling
2026-06-01
SAH insider Byrd Heath (EVP and CFO) sold 9,526 shares (~$809.7K)
Byrd Heath, listed as EVP and CFO at SONIC AUTOMOTIVE INC, reported an open-market sale of 9,526 SAH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
9,526 |
$85.00 |
$809.7K |
Filing: Form 4 (Insider Transaction)
Insider: Byrd Heath (EVP and CFO)
Shares: 9,526
Est. Value: $809.7K
Form 4
Compensation award
Tax / Compensation Filing
2026-05-06
SAH insider Form 4 filed for equity award, exercise, or tax withholding
Byrd Heath (EVP and CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Performance-Based Restricted Stock Units
|
26,183 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Byrd Heath (EVP and CFO)
Form 4
Compensation award
Tax / Compensation Filing
2026-05-06
SAH insider Form 4 filed for equity award, exercise, or tax withholding
DYKE JEFF (Director, President) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Performance-Based Restricted Stock Units
|
38,175 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: DYKE JEFF (Director, President)
Form 4
Compensation award
Tax / Compensation Filing
2026-05-06
SAH insider Form 4 filed for equity award, exercise, or tax withholding
SMITH DAVID BRUTON (Director, Chairman and CEO, 10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Performance-Based Restricted Stock Units
|
69,872 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SMITH DAVID BRUTON (Director, Chairman and CEO, 10% Owner)