Welcome to our dedicated page for Sonic Automotive SEC filings (Ticker: SAH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sonic Automotive, Inc. (NYSE: SAH) is a Delaware corporation and one of the nation’s largest automotive and powersports retailers, with its common stock listed on the New York Stock Exchange. As a public company, Sonic files reports and disclosures with the U.S. Securities and Exchange Commission, providing investors with insight into its financial condition, segment performance, and corporate actions.
Among the filings relevant to Sonic Automotive are current reports on Form 8-K. Recent 8-K filings describe the company’s release of quarterly financial results for specific periods and the announcement of cash dividends approved by the Board of Directors. These filings typically reference an accompanying earnings press release and earnings call presentation materials furnished as exhibits. The company notes in these 8-Ks that the information, including exhibits, is furnished rather than filed for purposes of certain Exchange Act provisions.
In addition to 8-Ks, Sonic’s SEC reporting framework includes periodic filings that present consolidated and segment-level financial statements, management’s discussion and analysis, and details on its Franchised Dealerships, EchoPark, and Powersports segments. The company also discloses its use of non-GAAP financial measures such as adjusted net income, adjusted earnings per diluted share, adjusted SG&A as a percentage of gross profit, adjusted segment income, and adjusted EBITDA, along with reconciliations to the most directly comparable GAAP measures.
On this SEC filings page for SAH, users can review Sonic Automotive’s regulatory history, including earnings-related 8-Ks, dividend announcements, and other material events reported to the SEC. Stock Titan’s tools can help surface key elements from these documents, such as segment performance trends, liquidity discussions, and commentary on capital allocation, allowing investors to navigate Sonic’s disclosures more efficiently.
Sonic Automotive, Inc. entered into a new Bridge Facility Credit Agreement with PNC Bank providing a senior unsecured term loan of $150 million. The company immediately borrowed the full amount, creating a short‑term financing source alongside its existing PNC Mortgage Facility.
The bridge loan matures on the earlier of 364 days after closing or a refinancing of the PNC Mortgage Facility. Borrowings bear interest at either Term SOFR plus 2.50% per annum or a Base Rate plus 1.50% per annum, at the company’s option, and may be prepaid without penalty.
The agreement includes customary covenants that can limit additional indebtedness, dividends, capital spending, and major asset transactions, as well as standard events of default such as cross‑defaults and change of control that could trigger immediate repayment of the outstanding balance.
Sonic Automotive EVP and CFO Heath Byrd reported performance-based equity activity involving the company’s Class A Common Stock. On March 31, 2026, 5,872 performance-based restricted stock units vested and were settled in cash, corresponding to 5,872 underlying shares.
Those 5,872 shares of Class A Common Stock were then disposed to Sonic Automotive at $68.57 per share, leaving Byrd with 148,539 directly held shares. An additional 12,129 shares are held indirectly by Bucknell Avenue, LLC, for which Byrd disclaims beneficial ownership except for his pecuniary interest.
Sonic Automotive, Inc. President Jeff Dyke reported the vesting of 7,534 performance-based restricted stock units on March 31, 2026, which were settled in cash rather than retained as stock. The filing shows a corresponding disposition of 7,534 shares of Class A Common Stock to Sonic Automotive at $68.57 per share, reflecting an issuer-related transaction rather than an open-market trade. After these entries, Dyke holds 593,668 shares of Class A Common Stock directly and 161,622 shares indirectly through Ash & Erin, LLC, while he disclaims beneficial ownership of the indirect holdings except to the extent of his pecuniary interest.
Sonic Automotive Chairman and CEO David Bruton Smith reported compensation-related equity activity tied to performance-based restricted stock units. On March 31, 2026, 13,259 performance-based RSUs from a prior 53,035-unit grant vested and were settled in cash, with a related disposition of 13,259 Class A shares to the issuer at $68.57 per share. Following these transactions, he held 532,000 Class A shares directly, and an additional 836,534 Class A shares were held indirectly by OBS Family, LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Sonic Automotive Inc: The Vanguard Group filed Amendment No. 11 to a Schedule 13G/A reporting 0 shares beneficially owned of Sonic Automotive Inc common stock (CUSIP 83545G102) and a 0% stake. The filing attributes the change to an internal realignment.
The filing states certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538, and that those subsidiaries pursue the same investment strategies as before.
Sonic Automotive, Inc. is asking stockholders to vote at its 2026 annual meeting on April 29, 2026 at its Charlotte, North Carolina headquarters. Holders of Class A and Class B Common Stock as of March 2, 2026 may vote, with Class A shares carrying one vote and Class B shares ten votes each.
Stockholders will elect nine directors, ratify Grant Thornton LLP as independent auditor for fiscal 2026, approve on an advisory basis 2025 named executive officer pay, approve a new 2026 Equity Incentive Plan, and approve amendments to the 2012 Formula Restricted Stock and Deferral Plan for non‑employee directors. The Board recommends voting “FOR” all five proposals.
The Smith family, through direct holdings and Sonic Financial Corporation and OBS Family, LLC, controls all 12,029,375 Class B shares and a substantial portion of Class A shares, giving them majority voting power. Sonic qualifies as a “controlled company” under NYSE rules and maintains three independent directors, committee-based risk oversight, and detailed ESG, compensation and related‑party transaction disclosures.
Sonic Automotive describes a large U.S. auto retail platform built around three segments: franchised dealerships, EchoPark used-car stores and powersports. Franchised dealerships generated about 85.0% of 2025 revenue, EchoPark 13.7% and powersports 1.3%, with a heavy mix of luxury and mid-line import brands.
As of December 31, 2025, Sonic operated 111 franchised dealerships, 18 EchoPark stores and 14 powersports locations across multiple states, with Texas and California its largest markets by revenue. The company emphasizes higher-margin finance and insurance products and fixed operations such as parts, service and collision repair.
Sonic highlights an omnichannel sales strategy, expansion of EchoPark toward nationwide reach, and active portfolio optimization via acquisitions and store closures. It also notes balance-sheet leverage, including $3.5 billion of total debt, significant floor plan facilities and share repurchases of about 1.3 million Class A shares for approximately $82.4 million in 2025.
Sonic Automotive Inc. major shareholder Paul P. Rusnak bought 100,000 SAH shares in the open market. The Form 4 shows six direct, non-derivative purchases between February 5, 2026 and February 17, 2026, all coded as open-market transactions.
Individual trades included 11,481 shares at $59.95 per share on February 17, 48,540 shares at $59.92 per share on February 13, and several smaller trades. After these purchases, Rusnak directly owned 5,100,000 Sonic Automotive shares.
Sonic Automotive reported strong 2025 top-line growth but weaker GAAP profit. Full-year revenue reached $15.2 billion, up 7%, with record gross profit of $2.4 billion, up 9%. Reported net income fell 45% to $118.7 million (EPS $3.42) due mainly to significant non-cash impairment charges.
Excluding specified items, adjusted net income rose 17% to $229.2 million with adjusted EPS of $6.60, up 18%. Fourth-quarter revenue was $3.9 billion, down 1%, while net income was $46.9 million, down 20%; adjusted net income was $52.2 million and adjusted EPS $1.52, up 1%.
The Franchised Dealerships segment delivered record $12.9 billion revenue and $2.1 billion gross profit, both up 8%. EchoPark produced all-time record adjusted EBITDA of $49.2 million, up 78%, and the Powersports segment’s adjusted EBITDA rose 83% to $11.5 million. In 2025 Sonic repurchased about 1.3 million Class A shares for $82.4 million, and the board approved a quarterly dividend of $0.38 per share.