Frank E. Richardson III, Director at SONIC CORP (SONC), sold 51,100 shares at $35.03 ($1.8M) on 2016-04-15, disclosed to the SEC on 2016-04-19.
Open-market sale of $1.8M 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 | $35.03 | 20,000 | $701K | 39.1% |
| 2 | $35.06 | 30,000 | $1.1M | 58.7% |
| 3 | $35.00 | 1,100 | $39K | 2.1% |
| Total | $35.05 avg | 51,100 | $1.8M | 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 → |