Sonida (NYSE: SNDA) SVP Max Levy has shares withheld for taxes

Rhea-AI Filing Summary

Sonida Senior Living SVP & Chief Investment Officer Max Levy reported a routine tax-withholding transaction related to equity compensation. On the vesting of restricted stock, 1,785 shares of common stock were withheld at $32.75 per share to satisfy tax obligations.

After this tax-withholding disposition, Levy directly holds 100,297 shares of Sonida Senior Living common stock. Footnotes note additional unvested performance-based RSUs: 11,692 RSUs eligible to vest following the end of 2027 and 12,723 RSUs eligible to vest following the end of 2028, subject to financial goals and Compensation Committee certification.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Levy Max

Role SVP & Chief Investment Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,785	$32.75	$58K

Holdings After Transaction: Common Stock — 100,297 shares (Direct, null)

Footnotes (1)

1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations. Not included in this amount are (i) 11,692 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2027 and (ii) 12,723 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2028. Vesting for these awards is subject to the Issuer's achievement of certain financial goals and certification by the Compensation Committee.

Key Figures

Tax-withheld shares: 1,785 shares Withholding price: $32.75 per share Shares held after transaction: 100,297 shares +2 more

5 metrics

Tax-withheld shares 1,785 shares Shares withheld upon restricted stock vesting to cover taxes

Withholding price $32.75 per share Price used for 1,785 withheld shares

Shares held after transaction 100,297 shares Direct common stock holdings after tax withholding

2027 performance-based RSUs 11,692 RSUs Eligible to vest 0%-150% following end of 2027

2028 performance-based RSUs 12,723 RSUs Eligible to vest 0%-150% following end of 2028

Key Terms

restricted stock, tax withholding obligations, performance-based RSUs, Compensation Committee

4 terms

restricted stock financial

"Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax withholding obligations financial

"Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations."

performance-based RSUs financial

"11,692 performance-based RSUs which 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.

Compensation Committee financial

"Vesting for these awards 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.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Levy Max

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Investment Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/02/2026		F		1,785(1)	D	$32.75	100,297(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.

2. Not included in this amount are (i) 11,692 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2027 and (ii) 12,723 performance-based RSUs which are eligible to vest from 0% to 150% following the end of 2028. Vesting for these awards is subject to the Issuer's achievement of certain financial goals and certification by the Compensation Committee.

Remarks:

	/s/ Max Levy	06/04/2026
	** Signature of Reporting Person	Date
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 insider transaction did Sonida Senior Living (SNDA) report for Max Levy?

Sonida Senior Living reported that SVP & Chief Investment Officer Max Levy had 1,785 common shares withheld at $32.75 each to cover taxes on vested restricted stock. This was a tax-withholding disposition, not an open-market stock sale.

How many Sonida Senior Living (SNDA) shares does Max Levy hold after this Form 4?

After the tax-withholding transaction, Max Levy directly holds 100,297 shares of Sonida Senior Living common stock. These holdings reflect his position following the vesting of restricted stock and the related share withholding to satisfy tax obligations.

Was the Sonida Senior Living (SNDA) Form 4 a stock sale by Max Levy?

No. The Form 4 shows a tax-withholding disposition, where 1,785 shares were withheld upon restricted stock vesting at $32.75 to pay taxes. This is a standard administrative event, not an open-market sale initiated by Max Levy.

What performance-based RSUs does Max Levy have at Sonida Senior Living (SNDA)?

Footnotes state Max Levy holds 11,692 performance-based RSUs eligible to vest from 0% to 150% after 2027 and 12,723 similar RSUs after 2028. Vesting depends on Sonida meeting financial goals and Compensation Committee certification.

How large is the tax-withholding share amount in the Sonida Senior Living (SNDA) Form 4?

The tax-withholding involved 1,785 shares of Sonida Senior Living common stock at $32.75 per share. These shares were withheld automatically upon vesting of restricted stock to satisfy Max Levy’s tax withholding obligations on the equity award.