J Larry Nichols, a director of Sonic Corp., recently acquired 1,447 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on January 28, 2017. Nichols now owns 43,478 shares of the company. Nichols operates out of Oklahoma City, OK. Some additional info was provided as follows:
Shares vested on January 28, 2017 in accordance with the terms of Restricted Stock Units granted January 28, 2016, and were issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.
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: