Frank E Richardson, a director of Sonic Corp., recently disposed of 50,000 shares of the company. The disposals took place at $28.15 per share, on May 16, 2017. Richardson still owns 1,220,294 shares of the company. Richardson operates out of Oklahoma City, OK. Some additional info was provided as follows:
This price represents the weighted average sales price. The shares sold at prices ranging from $28.15 to $28.20 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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