In 2022, David Bruton Smith earned $7.64M in total compensation at Sonic Automotive, including $1.34M salary, $2.23M bonus and $3.74M in stock. Most recently sold 16,646 shares in May 2024. Currently holds stock worth $89.40M. 7+ years at the helm of Sonic Automotive.
Compensation History
Annual executive compensation data for David Bruton Smith, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$7.64M
Salary
$1.34M
Bonus
$2.23M
Other
$327.45K
Salary
$1.34MBoard Justification
The compensation philosophy is designed to attract, retain, and reward key executive officers while aligning their interests with those of the stockholders through performance-based incentives.
Bonus
$2.23MBoard Justification
The bonus is based on performance metrics including Adjusted EPS and customer satisfaction index for Sonic's franchised dealerships for the year 2022.
Other Compensation
$327.45KBoard Justification
Includes the imputed value of demonstrator vehicles and other benefits such as personal use of corporate aircraft.
Restricted Stock
Board Justification
The stock units were granted based on performance goals related to Adjusted EPS for the year 2022, with vesting contingent on achieving specified performance metrics.
Performance Metrics
Performance metrics include Adjusted EPS targets and customer satisfaction performance for Sonic's franchised dealerships.
David Bruton Smith
CEO of Sonic Automotive
Education
Bachelor's degree in Business Administration from the University of North Carolina at Charlotte
Field of Expertise
Manufacturing & Industrial - Automotive
Sector of Economy
Consumer Cyclical
Born
January 1, 1978 - 47 years ago
CEO of Sonic Automotive for
7 years 2 months (Sep 2018 - Present)
Previous Experience
Executive Vice Chairman and Chief Strategic Officer of Sonic Automotive, Inc.
Other Sonic Automotive CEOs
Holdings
Track David Bruton Smith's stock holdings and portfolio value over time.
Total Stock Sold
$28.47M
$28.47M
617,981 SAH shares
What if they kept their stock?
If David Bruton Smith didn't sell their stock, today they would have:
Extra SAH617,981 shares worth $39.78M.
This is 39.72% and $11.31M more than what they got when they sold the stock.
Insider Trading
David Bruton Smith's recent stock transactions, purchases, and sales filed with the SEC.
$988.10K
SAH at $59.36/share
May 15, 2024
Sale
$3.79M
SAH at $59.01/share
May 10, 2024
Sale
$3.96M
SAH at $58.46/share
May 7, 2024
Sale
$237.20K
SAH at $61.43/share
Apr 29, 2024
Sale
29,431 shares
SAH
Feb 9, 2024
Inheritance
71,126 shares
SAH
Feb 7, 2024
Received
70,348 shares
SAH
Feb 8, 2023
Received
$8.43M
SAH at $55.32/share
Aug 24, 2022
Sale
836,534 shares
SAH
Dec 31, 2022
Inheritance
75,260 shares
SAH
Feb 9, 2022
Received
Rivals
Compare David Bruton Smith with competitor CEOs and industry peers.
Mike Jackson
CEO of AutoNation
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$0.00
Other
$112.74K
Total Holdings
$123.12M
Roger S. Penske
CEO of Penske Automotive Group
2021 Compensation
Stock
$7.50M
Salary
$1.40M
Bonus
$0.00
Other
$581.69K
Total Holdings
$47.77M
Bryan B. DeBoer
CEO of Lithia Motors
2023 Compensation
Stock
$3.98M
Salary
$1.30M
Bonus
$2.67M
Other
$7.26K
Total Holdings
$122.24M
Earl J. Hesterberg
CEO of Group 1 Automotive
2022 Compensation
Stock
$2.25M
Salary
$1.27M
Bonus
$4.50M
Other
$257.12K
Total Holdings
$3.94M