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Sonic Automotive(SAH.US) 10% Shareholder Sells US$237.2K in Common Stock

moomoo News ·  May 1 17:45

$Sonic Automotive (SAH.US)$ 10% Shareholder SMITH DAVID BRUTON sold 3,861 shares of common stock on Apr 29, 2024 at an average price of $61.4338 for a total value of $237.2K.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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