secwatch.observer — SEC 8-K summary
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Issuer:     SONIC AUTOMOTIVE INC (SAH)
CIK:        0001043509
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001628280-25-004424
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Sonic Automotive raises base salaries for CEO, President, CFO; grants performance RSUs
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- CEO David Bruton Smith base salary increased from $1,336,366 to $1,737,276 (30% raise).
- President Jeff Dyke base salary increased from $1,193,230 to $1,491,538 (25% raise).
- CFO Heath Byrd base salary increased from $930,000 to $1,023,000 (10% raise).
- Compensation Committee set 2025 bonus criteria: adjusted EPS goals and customer satisfaction metrics.
- Performance RSUs granted: Smith 53,035 units, Dyke 30,135 units, Byrd 23,487 units; vest over 3 years subject to performance and employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043509/000162828025004424/0001628280-25-004424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043509/000162828025004424/sah-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-004424

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer