Sonida Senior Living (SNDA) awards 8,482 RSUs to investment chief

Rhea-AI Filing Summary

Levy Max reported acquisition or exercise transactions in this Form 4 filing.

Sonida Senior Living granted SVP & Chief Investment Officer Max Levy 8,482 restricted stock units on April 17, 2026. These RSUs vest in equal installments over three years on each anniversary of the grant date, providing equity-based compensation that ties his pay to future company performance.

In total, Levy now directly holds 103,487 shares of common stock. Separate from this grant, he also holds 11,692 performance-based RSUs that may vest from 0% to 150% after the end of 2027 and 12,723 performance-based RSUs with similar performance-based vesting after the end of 2028, contingent on the company meeting specified financial goals and Compensation Committee certification.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Levy Max

Role SVP & Chief Investment Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,482	$0.00	--

Holdings After Transaction: Common Stock — 103,487 shares (Direct, null)

Footnotes (1)

1. Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person on April 17, 2026 and that will vest equally over a three-year period on each anniversary of the grant date. Not included in this amount are (i) 11,692 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2027 and (ii) 12,723 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2028. Vesting for the award is subject to the Issuer's achievement of certain financial goals and certification by the Compensation Committee.

Key Figures

RSU grant: 8,482 RSUs Shares after grant: 103,487 shares 2027 performance RSUs: 11,692 RSUs +2 more

5 metrics

RSU grant 8,482 RSUs Granted April 17, 2026 to SVP & Chief Investment Officer

Shares after grant 103,487 shares Common stock directly held after transaction

2027 performance RSUs 11,692 RSUs Eligible to vest 0%–150% after end of 2027

2028 performance RSUs 12,723 RSUs Eligible to vest 0%–150% after end of 2028

Time-based vesting term 3 years RSU grant vests equally over three anniversaries of grant

Key Terms

restricted stock units ("RSUs"), performance-based RSUs, Compensation Committee

3 terms

restricted stock units ("RSUs") financial

"Reflects a grant of restricted stock units ("RSUs") that was made"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

performance-based RSUs financial

"Not included in this amount are (i) 11,692 performance-based RSUs"

Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.

Compensation Committee financial

"Vesting for the award is subject to the Issuer's achievement of certain financial goals and certification by the 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Levy Max

(Last) (First) (Middle)

14755 PRESTON ROAD, SUITE 810

(Street)

DALLAS TEXAS 75254

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SONIDA SENIOR LIVING, INC. [ SNDA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Investment Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/17/2026		A		8,482(1)	A	$0	103,487(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person on April 17, 2026 and that will vest equally over a three-year period on each anniversary of the grant date.

2. Not included in this amount are (i) 11,692 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2027 and (ii) 12,723 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2028. Vesting for the award is subject to the Issuer's achievement of certain financial goals and certification by the Compensation Committee.

Remarks:

	/s/ Max Levy	04/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity award did SNDA executive Max Levy receive?

Max Levy received 8,482 restricted stock units as an equity award. The grant was made on April 17, 2026 and will vest in three equal annual installments on each anniversary of the grant date, aligning his compensation with longer-term company performance.

How do the new RSUs for SNDA’s Max Levy vest over time?

The 8,482 restricted stock units granted to Max Levy vest equally over three years. One-third vests on each anniversary of the April 17, 2026 grant date, so full vesting occurs after three years if required service and conditions are satisfied.

How many Sonida Senior Living shares does Max Levy hold after this grant?

After the April 17, 2026 RSU grant, Max Levy directly holds 103,487 shares of Sonida Senior Living common stock. This figure reflects his ownership immediately following the award of 8,482 restricted stock units reported in the Form 4 filing.

What performance-based RSUs does SNDA’s Max Levy have outstanding?

Max Levy holds 11,692 performance-based RSUs tied to results through the end of 2027 and 12,723 performance-based RSUs tied to results through the end of 2028. Each award can vest between 0% and 150%, depending on financial goal achievement and Compensation Committee certification.

What conditions affect vesting of SNDA performance-based RSUs for Max Levy?

Vesting of Max Levy’s performance-based RSUs depends on Sonida Senior Living achieving specified financial goals. After the performance periods ending in 2027 and 2028, the Compensation Committee must certify results, and each award can vest from 0% up to 150% of the target RSU amount.