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 $27.52 to $27.63 per share, on dates ranging from December 07 to December 08, 2017. Richardson still owns 1,120,474 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 $27.50 to $27.56 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 $27.50 to $27.82 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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