Sonic Automotive sets 2024 bonus criteria and grants RSUs to three executives

SONIC AUTOMOTIVE INC

2024 cash bonuses tied to adjusted EPS and customer satisfaction goals; payouts by March 15, 2025.
CEO David Bruton Smith awarded 71,126 performance-based RSUs; President Jeff Dyke 48,979; CFO Heath Byrd 38,175.
RSUs vest over 3 years (25% Mar 2025, 30% Feb 2026, 45% Feb 2027) contingent on adjusted EPS achievement.
RSUs have no dividend equivalents or voting rights; forfeitable for employment breaches or poor performance.

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