Sonic Automotive CFO Heath Byrd sold 5,061 shares of common stock on June 2, 2026, generating approximately $430,000. The transaction, executed under a pre-arranged Rule 10b5-1 trading plan, represented 3.35% of his direct holdings and left him with 133,952 direct shares and 12,129 indirect shares held via Bucknell Avenue, LLC. The sale occurred at $85.00 per share, just above the market close of $84.80, with Sonic Automotive shares up 14.96% over the prior twelve months. Byrd’s remaining stake of over 146,000 shares indicates ongoing exposure to the company’s equity value, and the sale is consistent with routine liquidity management rather than a shift in long-term ownership strategy.
Sonic Automotive IncCFO sold shares under a pre-set plan, routine liquidity management, not a negative signal.