Frank E. Richardson III, Director at SONIC CORP (SONC), sold 50,000 shares at $27.63 ($1.4M) on 2017-12-08, disclosed to the SEC on 2017-12-11.
Open-market sale of $1.4M 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 | $27.52 | 2,600 | $72K | 5.2% |
| 2 | $27.63 | 47,400 | $1.3M | 94.8% |
| Total | $27.62 avg | 50,000 | $1.4M | 100% |
| Filing → |
| SONC | SELL | 2017-10-26 | $2.6M | — | Filing → |
| SONC | SELL | 2017-05-18 | $1.4M | — | Filing → |
| SONC | SELL | 2017-01-12 | $258K | — | Filing → |