SNDA SVP receives 3,635-share RSU grant
Sonida Senior Living executive Timothy Cober reported routine equity compensation changes.
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Rhea-AI Filing Summary
Sonida Senior Living executive Timothy Cober reported routine equity compensation changes. He received a grant of 3,635 shares of Common Stock as restricted stock units on April 17, 2026, which will vest in equal portions over three years on each anniversary of the grant date. Earlier, on April 5, 2026, 593 shares were withheld at $32.18 per share to cover tax withholding obligations upon vesting of restricted stock, which is not an open-market sale. Following these transactions, he directly owns 41,312 shares of Common Stock. The footnotes also note additional performance-based RSUs of 4,252 tied to performance through the end of 2027 and 5,453 tied to performance through the end of 2028, which may vest from 0% to 150% based on financial goals and Compensation Committee certification.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,635 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 593 | $32.18 | $19K |
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 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 units 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 SNDA executive Timothy Cober report in this Form 4?
Was there any open-market sale or purchase of SNDA stock in this filing?
How do the new RSUs for SNDA’s Timothy Cober vest over time?
What performance-based RSUs are mentioned for SNDA executive Timothy Cober?
What does the tax withholding transaction mean in the SNDA Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.