Frank E. Richardson III, Director at SONIC CORP (SONC), sold 100,000 shares at $25.55 ($2.6M) on 2017-10-24, disclosed to the SEC on 2017-10-26.
Open-market sale of $2.6M 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 | $25.55 | 14,831 | $379K | 14.8% |
| 2 | $25.55 | 14,831 | $379K | 14.8% |
| 3 | $25.61 | 35,169 | $901K | 35.2% |
| 4 | $25.61 | 35,169 | $901K | 35.2% |
| Total | $25.59 avg | 100,000 | $2.6M | 100% |
| Filing → |
| SONC | SELL | 2017-12-11 | $1.4M | — | Filing → |
| SONC | SELL | 2017-05-18 | $1.4M | — | Filing → |
| SONC | SELL | 2017-01-12 | $258K | — | Filing → |