Sonida CAO has shares withheld for taxes
Sonida Senior Living SVP & Chief Accounting Officer Timothy Cober reported a routine tax-related share withholding.
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Rhea-AI Filing Summary
Sonida Senior Living SVP & Chief Accounting Officer Timothy Cober reported a routine tax-related share withholding. On the vesting of restricted stock, 346 shares of common stock were withheld on May 19, 2026 at $36.94 per share to satisfy tax withholding obligations. After this disposition, he directly holds 40,966 common shares.
In addition to these shares, Cober has 4,252 performance-based RSUs eligible to vest following the end of 2027 and 5,453 performance-based RSUs eligible to vest following the end of 2028, in each case from 0% to 150% based on financial goals certified by the Compensation Committee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 346 | $36.94 | $13K |
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 4,252 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2027 and (ii) 5,453 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
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 did Sonida Senior Living (SNDA) executive Timothy Cober report in this Form 4?
Was this Sonida Senior Living (SNDA) Form 4 an open-market sale by Timothy Cober?
How are the performance-based RSUs for Sonida Senior Living (SNDA) determined for Timothy Cober?
AI-generated analysis. How Rhea-AI works. Not financial advice.