Sonic Corp.'s Chief Executive Officer just disposed of 2,680 shares

J Clifford Hudson, Sonic Corp.'s Chief Executive Officer and a director of the company, recently disposed of 2,680 shares of the company. The disposals took place at $0.00 per share, on dates ranging from October 26 to December 21, 2016. Hudson still owns 339,521 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Hudson operates out of Oklahoma City, OK. Some additional info was provided as follows:

The reporting person owns 21% of the family limited liability company and disclaims beneficial ownership of the issuer's shares held by the family limited liability company except to the extent of his pecuniary interest. One-third of the total number of options granted on January 19, 2017 will vest on ea ch of the first three anniversary dates following the grant date.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Sonic Reports Solid Same-Store Sales Momentum IN THE FOURTH FISCAL QUARTER OF 2018 - Sept. 11, 2018
Sonic Corp.'s Chief Executive Officer just disposed of 54,630 shares - Sept. 6, 2018
Sonic Corp. director just disposed of 3,500 shares - Sept. 6, 2018
Sonic Corp.'s Executive Vice President just picked up 7,065 shares - Sept. 4, 2018
Sonic Corp.'s President just picked up 10,000 shares - Sept. 4, 2018

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