J. Clifford Hudson, Chief Executive Officer at SONIC CORP (SONC), sold 190,000 shares at $31.55 ($6.0M) on 2015-01-14, disclosed to the SEC on 2015-01-16.
Seasonal sale ($6.0M) by Chief Executive Officer — 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 | $31.55 | 48,479 | $1.5M | 25.5% |
| 2 | $31.58 | 141,521 | $4.5M | 74.5% |
| Total | $31.57 avg | 190,000 | $6.0M | 100% |
| Filing → |
| SONC | SELL | 2013-09-23 | $5.5M | — | Filing → |
| SONC | SELL | 2013-04-24 | $634K | — | Filing → |
| SONC | SELL | 2013-04-10 | $658K | — | Filing → |