Frank E. Richardson III, Director at SONIC CORP (SONC), sold 90,010 shares at $34.76 ($3.1M) on 2016-04-22, disclosed to the SEC on 2016-04-26.
Open-market sale of $3.1M SONC by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $34.76 | 16,287 | $566K | 18.0% |
| 2 | $34.76 | 16,287 | $566K | 18.0% |
| 3 | $35.07 | 28,718 | $1.0M | 32.0% |
| 4 | $35.07 | 28,718 | $1.0M | 32.0% |
| Total | $34.96 avg | 90,010 | $3.1M | 100% |
| Filing → |
| SONC | SELL | 2017-12-11 | $1.4M | — | Filing → |
| SONC | SELL | 2017-10-26 | $2.6M | — | Filing → |
| SONC | SELL | 2017-05-18 | $1.4M | — | Filing → |