other
confidence high
sentiment neutral
materiality 0.50
Sonic Automotive shareholders approve 2026 Equity Incentive Plan with 2.3M share reserve
SONIC AUTOMOTIVE INC
- Plan replaces 2012 Stock Incentive Plan; 2,318,148 shares authorized, effective Feb 11, 2026.
- All nine director nominees elected; advisory say-on-pay passed with ~96% support.
- Ratification of Grant Thornton LLP as auditor for fiscal 2026 approved overwhelmingly.
- Amendment and restatement of 2012 Formula Restricted Stock and Deferral Plan for Non-Employee Directors also approved.