Frank E. Richardson III, Director at SONIC CORP (SONC), sold 10,125 shares at $29.50 ($301K) on 2016-01-21, disclosed to the SEC on 2016-01-25.
Seasonal sale ($301k) by Director — this insider has traded SONC in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $29.50 | 5,000 | $148K | 49.0% |
| 2 | $30.00 | 5,125 | $154K | 51.0% |
| Total | $29.75 avg | 10,125 | $301K | 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 → |