Frank E. Richardson III, Director at SONIC CORP (SONC), sold 16,906 shares at $30.00 ($497K) on 2016-01-14, disclosed to the SEC on 2016-01-15.
Seasonal sale ($497k) 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 | $30.00 | 7,900 | $237K | 47.6% |
| 2 | $28.92 | 4,503 | $130K | 26.2% |
| 3 | $28.92 | 4,503 | $130K | 26.2% |
| Total | $29.43 avg | 16,906 | $497K | 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 → |