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 $28.40 per share, on December 13, 2017. Richardson still owns 1,070,474 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 $28.00 to $28.39 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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