Sonic Corp. director just disposed of 50,000 shares

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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Other recent filings from the company include the following:

Sonic Declares Quarterly Dividend - April 12, 2018
Southeastern Asset Management, Inc. just provided an update on activist position in Sonic Corp. - April 4, 2018
Sonic Reports Second Fiscal Quarter 2018 Earnings Per Share Growth - March 27, 2018

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