Sonida CEO has shares withheld for taxes
Sonida Senior Living President & CEO Brandon Ribar reported a tax-related share withholding event.
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Rhea-AI Filing Summary
Sonida Senior Living President & CEO Brandon Ribar reported a tax-related share withholding event. On the vesting of restricted stock, 3,067 shares of common stock were withheld at $36.94 per share to cover tax obligations, a non-market transaction.
After this withholding, Ribar directly holds 303,831 shares of common stock. The disclosure also notes performance-based RSUs that may vest after 2027 and 2028 if specified financial goals are met and the Compensation Committee certifies the results.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,067 | $36.94 | $113K |
Footnotes (2)
- F1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
- F2. Not included in this amount are (i) 23,384 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2027 and (ii) 34,535 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
Key Terms
restricted stock financial
tax withholding obligations financial
performance-based RSUs financial
vesting financial
Compensation Committee financial
AI-generated analysis. How Rhea-AI works. Not financial advice.