Sonida Senior Living holders approve all meeting items
Sonida Senior Living, Inc. held its Annual Meeting of Stockholders on June 11, 2026, where all four management proposals were approved.
Rhea-AI Filing Summary
Sonida Senior Living, Inc. held its Annual Meeting of Stockholders on June 11, 2026, where all four management proposals were approved. Stockholders elected Brandon M. Ribar, J. Chandler Martin and Sam Levinson as directors for three-year terms ending at the 2029 annual meeting.
They ratified BDO USA, P.C. as independent auditors for the year ending December 31, 2026, with 34,405,365 votes in favor. Stockholders also approved, on an advisory basis, the executive compensation program and an amendment to the 2019 Omnibus Stock and Incentive Plan increasing the share authorization under the plan from 1,797,600 to 3,197,600 shares.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Director votes – Brandon M. Ribar: 27,882,186 FOR
Director votes – J. Chandler Martin: 27,897,183 FOR
Director votes – Sam Levinson: 27,553,524 FOR
+5 more
8 metrics
Director votes – Brandon M. Ribar
27,882,186 FOR
Election of directors at 2026 annual meeting
Director votes – J. Chandler Martin
27,897,183 FOR
Election of directors at 2026 annual meeting
Director votes – Sam Levinson
27,553,524 FOR
Election of directors at 2026 annual meeting
Auditor ratification FOR votes
34,405,365 shares
Ratification of BDO USA, P.C. for year ending Dec 31, 2026
Say-on-pay FOR votes
27,692,858 shares
Advisory vote on executive compensation
Equity plan FOR votes
27,701,880 shares
Amendment to 2019 Omnibus Stock and Incentive Plan
Old equity plan share limit
1,797,600 shares
2019 Omnibus Stock and Incentive Plan before amendment
New equity plan share limit
3,197,600 shares
2019 Omnibus Stock and Incentive Plan after amendment
Key Terms
broker non-votes, advisory (non-binding) basis, 2019 Omnibus Stock and Incentive Plan, independent auditors
4 terms
broker non-votes financial
"The voting results were 27,692,858 shares “FOR,” 197,582 shares “AGAINST,” 176,500 abstentions, and 6,488,280 broker non-votes."
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory (non-binding) basis regulatory
"The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers..."
2019 Omnibus Stock and Incentive Plan financial
"approved an amendment to the Company’s 2019 Omnibus Stock and Incentive Plan, as amended (the “2019 Plan”)..."
independent auditors regulatory
"ratified the Audit Committee’s appointment of BDO USA, P.C., independent accountants, as the Company’s independent auditors..."
Independent auditors are outside, licensed accountants who examine a company’s books, records and internal controls and issue an objective opinion on whether the financial statements accurately reflect the business’s financial position. Investors treat their report like a neutral inspector’s stamp — it increases trust, makes financial results easier to compare, and alerts readers if there are errors, omissions or other problems that could affect investment decisions.
FAQ
What key proposals did Sonida Senior Living (SNDA) stockholders approve at the 2026 annual meeting?
Stockholders approved four proposals: election of three directors, ratification of BDO USA as independent auditors, an advisory vote supporting executive compensation, and an amendment increasing shares available under the 2019 Omnibus Stock and Incentive Plan to 3,197,600 shares of common stock.
Which directors were elected at Sonida Senior Living’s (SNDA) 2026 annual meeting and for how long?
Stockholders elected Brandon M. Ribar, J. Chandler Martin and Sam Levinson. Each will serve a three-year term as director, with their terms scheduled to expire at the company’s annual meeting of stockholders to be held in 2029, subject to standard corporate governance provisions.
Did Sonida Senior Living (SNDA) stockholders approve the company’s executive compensation in 2026?
Yes. In an advisory, non-binding vote, 27,692,858 shares were cast in favor of the compensation of Sonida Senior Living’s named executive officers, with 197,582 shares against, 176,500 abstentions and 6,488,280 broker non-votes, indicating broad stockholder support for the pay program disclosed.
What change was made to Sonida Senior Living’s (SNDA) 2019 Omnibus Stock and Incentive Plan?
Stockholders approved an amendment to increase the number of shares of common stock that may be issued under the 2019 Omnibus Stock and Incentive Plan from 1,797,600 shares to 3,197,600 shares, expanding the company’s capacity to grant equity-based awards to eligible participants.
Who will serve as Sonida Senior Living’s (SNDA) independent auditors for fiscal year 2026?
BDO USA, P.C. will serve as independent auditors. Stockholders ratified the Audit Committee’s appointment with 34,405,365 votes in favor, 49,130 votes against and 100,725 abstentions, confirming shareholder support for continuing the existing external audit relationship for the year ending December 31, 2026.
Were there any other matters voted on at Sonida Senior Living’s (SNDA) 2026 annual meeting?
No. The company states that no other business was properly brought before the Annual Meeting beyond the four proposals: director elections, auditor ratification, advisory vote on executive compensation, and the amendment to the 2019 Omnibus Stock and Incentive Plan approved by stockholders.
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