Director Martin Chandler of Sonida (SNDA) receives 4,132-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martin J Chandler reported acquisition or exercise transactions in this Form 4 filing.
SONIDA SENIOR LIVING, INC. director Martin J. Chandler reported receiving an equity award in the form of restricted stock units. On June 11, 2026, he was granted 4,132 RSUs of common stock at no cash cost as compensation.
The footnote explains these RSUs will vest in full on June 11, 2027, the first anniversary of the grant date, if he continues serving on the Board of Directors through that date. Following this grant, his reported direct holding is 4,132 shares of common stock, reflecting a routine director compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin J Chandler
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,132 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,132 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,132 shares
Grant price: $0.00 per share
Vesting date: June 11, 2027
+1 more
4 metrics
RSUs granted
4,132 shares
Restricted stock units granted on June 11, 2026
Grant price
$0.00 per share
Stated transaction price for RSU grant
Vesting date
June 11, 2027
RSUs vest in full on first anniversary of grant
Shares owned after
4,132 shares
Total direct common stock holdings following grant
Key Terms
restricted stock units ("RSUs"), vest, Board of Directors, grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") that will vest in full on June 11, 2027"
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.
vest financial
"RSUs that will vest in full on June 11, 2027, which is the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Board of Directors financial
"subject to the director continuing as a member of the Issuer's Board of Directors until such time"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Sonida Senior Living (SNDA) report for Martin J. Chandler?
Sonida Senior Living reported that director Martin J. Chandler received a grant of 4,132 restricted stock units of common stock. The award was reported as a compensation-related acquisition, not an open-market purchase, and increased his direct reported holdings to 4,132 shares.
When do Martin J. Chandler’s Sonida Senior Living (SNDA) RSUs vest?
The 4,132 restricted stock units granted to Martin J. Chandler will vest in full on June 11, 2027. Vesting is conditioned on him continuing to serve as a member of Sonida Senior Living’s Board of Directors through that one-year anniversary date.
What is the nature of Martin J. Chandler’s ownership in Sonida Senior Living (SNDA) after this grant?
After the RSU grant, Martin J. Chandler’s reported holding is 4,132 shares of Sonida Senior Living common stock, classified as direct ownership. The filing does not show additional derivative positions, and the award is described as a grant or other acquisition.