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Sonida Senior Living (SNDA) SVP reports RSU grant and tax-withheld shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

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Insider Cober Timothy
Role SVP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock 3,635 $0.00 --
Tax Withholding Common Stock 593 $32.18 $19K
Holdings After Transaction: Common Stock — 41,312 shares (Direct, null)
Footnotes (1)
  1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations. 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. 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.
RSU grant 3,635 shares Restricted stock units granted on April 17, 2026
Tax withholding shares 593 shares Shares withheld for tax obligations on April 5, 2026
Tax withholding price $32.18 per share Value used for shares withheld to satisfy tax obligations
Shares held after grant 41,312 shares Direct Common Stock ownership after April 17, 2026 grant
2027 performance RSUs 4,252 RSUs Performance-based RSUs eligible to vest after end of 2027
2028 performance RSUs 5,453 RSUs Performance-based RSUs eligible to vest after end of 2028
restricted stock units financial
"Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based RSUs financial
"Not included in this amount are 4,252 performance-based RSUs which are eligible to vest"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
tax withholding obligations financial
"Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations."
Compensation Committee financial
"Vesting for the award is subject to the Issuer's achievement of certain financial goals and certification by the Compensation Committee."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cober Timothy

(Last)(First)(Middle)
14755 PRESTON ROAD
SUITE 810

(Street)
DALLAS TEXAS 75254

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SONIDA SENIOR LIVING, INC. [ SNDA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/05/2026F593(1)D$32.1837,677D
Common Stock04/17/2026A3,635(2)A$041,312(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
2. 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.
3. 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.
Remarks:
/s/ Timothy Cober04/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did SNDA executive Timothy Cober report in this Form 4?

Timothy Cober reported a grant of 3,635 shares of Common Stock as restricted stock units and a withholding of 593 shares for taxes. These actions reflect routine equity compensation and tax settlement, not open-market buying or selling activity.

How many Sonida Senior Living (SNDA) shares does Timothy Cober now hold?

After the reported transactions, Timothy Cober directly holds 41,312 shares of Sonida Senior Living Common Stock. This figure reflects his updated ownership following the April 17, 2026 restricted stock grant and the earlier tax withholding of vested shares.

Was there any open-market sale or purchase of SNDA stock in this filing?

No open-market sale or purchase occurred. The 593 shares reported with a $32.18 price were withheld to satisfy tax obligations upon vesting, rather than sold on the market. The 3,635-share grant represents equity compensation, not a market trade.

How do the new RSUs for SNDA’s Timothy Cober vest over time?

The 3,635 newly granted restricted stock units vest equally over three years, on each anniversary of the April 17, 2026 grant date. This structure encourages long-term alignment, with shares delivered in three annual installments as vesting conditions are met.

What performance-based RSUs are mentioned for SNDA executive Timothy Cober?

Footnotes reference 4,252 performance-based RSUs tied to performance through the end of 2027 and 5,453 performance-based RSUs tied to performance through the end of 2028. Each award can vest from 0% to 150% based on financial goals and Compensation Committee certification.

What does the tax withholding transaction mean in the SNDA Form 4?

The tax withholding transaction reflects 593 shares withheld at $32.18 each to cover tax obligations when restricted stock vested. This is a non-market disposition to satisfy taxes, not a discretionary sale, and is common for equity-based compensation programs.