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 prices ranging from $25.55 to $25.61 per share, on dates ranging from October 24 to October 26, 2017. Richardson still owns 1,170,474 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 $25.50 to $25.69 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request. This price represents the weighted average sales price. The shares sold at prices ranging from $25.55 to $25.65 per share. The reporting person w ill 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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