secwatch.observer — SEC 8-K summary
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Issuer:     SONIC AUTOMOTIVE INC (SAH)
CIK:        0001043509
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0001043509-22-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Sonic Automotive elects David Bruton Smith as Chairman; B. Scott Smith rejoins board
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- David Bruton Smith, current CEO, elected Chairman of the Board effective July 27, 2022.
- B. Scott Smith (co-founder, >10% owner) elected to board to fill vacancy from O. Bruton Smith's passing; term expires at 2023 annual meeting.
- B. Scott Smith will receive a grant of 3,884 restricted shares vesting on first anniversary of grant date.
- B. Scott Smith served as CEO from July 2015 to September 2018 and as director from 1997 to 2018; no committee assignments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000012/0001043509-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000012/sah-20220727.htm
  HTML page:      https://secwatch.observer/filing/0001043509-22-000012

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