J. Clifford Hudson, Chief Executive Officer at SONIC CORP (SONC), sold 300,000 shares at $18.70 ($5.5M) on 2013-09-19, disclosed to the SEC on 2013-09-23.
Open-market sale of $5.5M SONC by Chief Executive Officer. 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 | $18.59 | 103,000 | $1.9M | 34.6% |
| 2 | $18.70 | 27,000 | $505K | 9.1% |
| 3 | $18.42 | 107,000 | $2.0M | 35.6% |
| 4 | $18.10 | 63,000 | $1.1M | 20.6% |
| Total | $18.44 avg | 300,000 | $5.5M | 100% |
| Filing → |
| SONC | SELL | 2014-04-02 | $2.3M | — | Filing → |
| SONC | SELL | 2013-04-24 | $634K | — | Filing → |
| SONC | SELL | 2013-04-10 | $658K | — | Filing → |