Sonida (SNDA) CFO receives 12,723 RSUs; 4,461 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SONIDA SENIOR LIVING, INC. executive vice president and chief financial officer Kevin Detz reported routine equity compensation and related tax withholding transactions in company common stock.
On April 17, 2026, he received a grant of 12,723 restricted stock units (RSUs), which will vest in equal installments over three years on each anniversary of the grant date. Earlier, on April 5, 2026, 4,461 shares were withheld at $32.18 per share to satisfy tax withholding obligations upon vesting of restricted stock. Following these transactions, he directly holds 188,375 shares and indirectly holds 85 shares for each of his son and daughter.
Footnotes also disclose additional performance-based RSUs: 14,881 units eligible to vest from 0% to 150% after the end of 2027 and 19,085 units with similar terms after the end of 2028, subject to the company achieving specified financial goals and certification by the compensation committee.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Detz Kevin
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,723 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,461 | $32.18 | $144K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 188,375 shares (Direct, null);
Common Stock — 85 shares (Indirect, By Daughter)
Footnotes (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 (i) 14,881 performance-based RSUs that are eligible to vest from 0% to 150% following the end of 2027 and (ii) 19,085 performance-based RSUs that 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
RSU grant: 12,723 units
Tax-withheld shares: 4,461 shares at $32.18
Direct holdings: 188,375 shares
+4 more
7 metrics
RSU grant
12,723 units
Restricted stock unit grant on April 17, 2026
Tax-withheld shares
4,461 shares at $32.18
Shares withheld for tax obligations on April 5, 2026
Direct holdings
188,375 shares
Common stock held directly after reported transactions
Indirect holdings by son
85 shares
Common stock held indirectly through son
Indirect holdings by daughter
85 shares
Common stock held indirectly through daughter
2027 performance RSUs
14,881 units, 0–150% vesting
Eligible to vest following end of 2027 based on goals
2028 performance RSUs
19,085 units, 0–150% vesting
Eligible to vest following end of 2028 based on goals
Key Terms
restricted stock units ("RSUs"), performance-based RSUs, tax withholding obligations, Compensation Committee
4 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance-based RSUs financial
"14,881 performance-based RSUs that are eligible to vest from 0% to 150% following the end of 2027"
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
"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.
FAQ
What insider transactions did SNDA CFO Kevin Detz report on this Form 4?
Kevin Detz reported a grant of 12,723 restricted stock units and a separate tax-withholding share disposition. The grant represents equity compensation, while 4,461 shares were withheld at $32.18 per share to cover tax obligations on vested restricted stock.
What are the terms of the 12,723 RSUs granted to SNDA’s CFO?
The 12,723 restricted stock units granted on April 17, 2026 will vest in three equal installments. Vesting occurs annually on each anniversary of the grant date, aligning compensation with multi-year service and performance at Sonida Senior Living.
What performance-based RSUs does SNDA’s CFO have in addition to this grant?
Footnotes note 14,881 performance-based RSUs eligible to vest from 0% to 150% after 2027 and 19,085 similar RSUs after 2028. Vesting depends on Sonida Senior Living achieving specified financial goals and certification by its compensation committee.