Sonida Senior Living updates board membership
Sonida Senior Living, Inc. reported a change in its Board of Directors.
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Form Type
8-K
Rhea-AI Filing Summary
Sonida Senior Living, Inc. reported a change in its Board of Directors. On April 16, 2026, independent director Shmuel S.Z. Lieberman notified the Board he will resign effective April 27, 2026, with no disagreement regarding the company’s operations, policies or practices.
The Board simultaneously appointed Sam Levinson as a Class II director, effective April 27, 2026, to fill the vacancy and serve until the company’s 2026 annual meeting of stockholders. Levinson will also join the Compensation Committee and serve as a director designee of Silk Partners LP under an existing Investor Rights Agreement.
8-K Event Classification
2 items: 1.01, 5.02
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation notice date: April 16, 2026
Resignation effective date: April 27, 2026
Levinson appointment effective date: April 27, 2026
+2 more
5 metrics
Resignation notice date
April 16, 2026
Date Lieberman notified the Board of his resignation
Resignation effective date
April 27, 2026
Effective date of Shmuel S.Z. Lieberman’s resignation
Levinson appointment effective date
April 27, 2026
Date Sam Levinson joins the Board and Compensation Committee
Class II director term end
2026 annual meeting
Levinson’s term scheduled to expire at 2026 annual meeting
Investor Rights Agreement date
March 10, 2026
Date of Amended and Restated Investor Rights Agreement with Silk
Key Terms
independent director, Class II director, Compensation Committee, Amended and Restated Investor Rights Agreement, +2 more
6 terms
independent director financial
"Shmuel S.Z. Lieberman, an independent director of the Board of Directors"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Class II director financial
"appointed Sam Levinson to the Board as a Class II director of the Company"
A class II director is a member of a company’s board who belongs to one of several staggered groups of directors, each group standing for election in different years. For investors, this matters because staggered terms slow wholesale board turnover—like rotating members of a neighborhood committee—making sudden changes in control or strategy harder and affecting how quickly shareholders can influence corporate direction.
Compensation Committee financial
"Additionally, Mr. Levinson was appointed to the Board’s Compensation Committee."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Amended and Restated Investor Rights Agreement financial
"pursuant to the terms of the Amended and Restated Investor Rights Agreement"
Amended and Restated Registration Rights Agreement financial
"the Amended and Restated Registration Rights Agreement by and among the Company"
Item 404(a) of Regulation S-K regulatory
"required to be disclosed in this on Form 8-K pursuant to Item 404(a) of Regulation S-K."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did Sonida Senior Living (SNDA) disclose?
Sonida Senior Living disclosed that independent director Shmuel S.Z. Lieberman will resign from its Board effective April 27, 2026. The Board appointed Sam Levinson as a Class II director, effective the same date, to fill the resulting vacancy and join the Compensation Committee.
When does Shmuel S.Z. Lieberman’s resignation from SNDA’s board take effect?
Shmuel S.Z. Lieberman’s resignation from Sonida Senior Living’s Board is effective April 27, 2026. He notified the Board on April 16, 2026, and the company stated there is no disagreement with him on operations, policies, or practices related to his decision to step down.
Who is Sam Levinson, and what role will he have at Sonida Senior Living (SNDA)?
Sam Levinson has been appointed to Sonida Senior Living’s Board as a Class II director, effective April 27, 2026. He will serve until the 2026 annual meeting and has also been named to the Compensation Committee, acting as a director designee of stockholder Silk Partners LP.
How long will Sam Levinson serve as a Class II director at SNDA?
Sam Levinson will serve as a Class II director of Sonida Senior Living until the company’s 2026 annual meeting of stockholders. His appointment fills the vacancy created by Shmuel S.Z. Lieberman’s resignation and aligns his term with the company’s other Class II directors.
What is Silk Partners LP’s connection to Sonida Senior Living’s new director?
Silk Partners LP is a stockholder of Sonida Senior Living and designated Sam Levinson as a director under an Amended and Restated Investor Rights Agreement. Levinson will serve on the Board as Silk’s designee, reflecting negotiated governance rights among the company and key investors.
Did Sonida Senior Living report any disagreement with the resigning director?
Sonida Senior Living explicitly stated there is no disagreement between Shmuel S.Z. Lieberman and the company on any matter relating to its operations, policies, or practices. This language signals a routine board transition rather than a departure driven by governance or strategic disputes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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