SNDA CEO receives 23,023-share equity grant
Sonida Senior Living, Inc. reported that President & CEO Brandon Ribar received an equity grant and had shares withheld for taxes.
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Rhea-AI Filing Summary
Sonida Senior Living, Inc. reported that President & CEO Brandon Ribar received an equity grant and had shares withheld for taxes. On April 17, 2026, he acquired 23,023 shares of common stock at $0.00 per share as a grant of restricted stock units that will vest in equal installments over three years on each anniversary of the grant date. On April 5, 2026, 7,010 shares were disposed of at $32.18 per share to satisfy tax withholding obligations upon vesting of previously awarded restricted stock, which is not an open-market sale. After these transactions, he directly owned 306,898 shares of common stock. Footnotes also state he holds additional performance-based RSUs that may vest after the end of 2027 and 2028 based on the company’s financial performance and Compensation Committee certification.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,023 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,010 | $32.18 | $226K |
Footnotes (3)
- F1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
- F2. 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.
- F3. 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 units ("RSUs") financial
performance-based RSUs financial
tax withholding obligations financial
Compensation Committee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SNDA CEO Brandon Ribar report on this Form 4?
What are the terms of the 23,023 RSU grant reported by SNDA’s CEO?
Does SNDA’s CEO have additional performance-based RSUs beyond this Form 4 amount?
How should investors interpret the mixed acquire and dispose codes in this SNDA Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.