Sonida Senior Living (SNDA) awards COO RSUs and 75,000 PSUs
Rhea-AI Filing Summary
Nikodemus Anton D. reported acquisition or exercise transactions in this Form 4 filing.
Sonida Senior Living granted Chief Operating Officer Anton D. Nikodemus new equity awards. He received 12,118 restricted stock units (RSUs) of common stock at no cost, scheduled to vest in equal installments over three years on each anniversary of the July 1, 2026 grant date.
He was also awarded 75,000 performance units (PSUs), each representing a contingent right to one share of common stock. Between 33% and 100% of these PSUs can vest during a performance period from February 23, 2027 to February 23, 2030, subject to possible 30-day extension, based on the company’s stock achieving specified price targets. Separately, 18,177 previously granted PSUs remain outstanding and are eligible to vest from 0% to 150% after the end of 2028 if financial goals are met and certified by the Compensation Committee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Units | 75,000 | $0.00 | -- |
| Grant/Award | Common Stock | 12,118 | $0.00 | -- |
Footnotes (1)
- Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person on July 1, 2026 and that will vest equally over a three-year period on each anniversary of the grant date. Not included in this amount are 18,177 performance-based restricted stock units ("PSUs"), 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. Represents an award of PSUs representing a contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of the Issuer per PSU. Between 33% and 100% of the target number of PSUs granted, which were granted under the Sonida Senior Living, Inc. 2019 Omnibus Stock and Incentive Plan, as amended (the "2019 Plan"), are eligible to vest during a three-year period beginning on February 23, 2027 and ending on February 23, 2030 (the "Performance Period"), subject to a potential 30-day extension as set forth in the award agreement, based on the Issuer's Common Stock achieving specified prices per share during the Performance Period.