Welcome to our dedicated page for Sonida Senior Living SEC filings (Ticker: SNDA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sonida Senior Living, Inc. filings document a Delaware senior living company with common stock listed on the NYSE under SNDA. The record includes Form 8-K reports for operating results, investor presentations, material agreements, capital-structure changes, and the completed CNL Healthcare Properties merger.
Proxy and governance filings describe annual meeting matters, director elections, auditor ratification, advisory executive compensation votes, equity incentive plan amendments, board composition and committee appointments. Capital disclosures include preferred stock conversion, warrant amendments and financing arrangements tied to the company’s senior housing portfolio.
Sonida Senior Living reported first-quarter 2026 results alongside major balance sheet changes driven by its CHP acquisition. Resident revenue rose to $108.4 million, up 36.7% year over year, helped by 54 additional senior housing communities from CNL Healthcare Properties. Total revenues reached $122.6 million, while net loss attributable to shareholders widened to $41.2 million, mainly from $26.1 million of transaction, transition and restructuring costs tied to the merger and higher interest expense.
On a pro forma basis, same-store occupancy increased to 87.2% and community net operating income grew 14%, with margin expanding to 31.2%. Adjusted EBITDA rose to $21.5 million and pro forma Adjusted EBITDA to $48.0 million. Sonida closed the roughly $1.8 billion CHP stock-and-cash deal, funded with a new $270 million bridge facility, expanded term loans and revolving credit, and a $110 million private placement of common stock.
As of March 31, 2026, total assets increased to $2.63 billion and total debt to about $1.64 billion. The company has since upsized its term loans to $575 million, its revolver commitment to $455 million, and reduced the bridge facility to $170 million, which it expects to refinance with property-level debt. Cash and cash equivalents were about $84.3 million, and management highlighted plans to use its larger pure-play senior housing platform, data tools and a revised capital allocation framework to drive occupancy, margin expansion and gradual deleveraging over time.
Sonida Senior Living, Inc. is asking stockholders to vote at a virtual annual meeting on June 11, 2026. Proposals include electing three directors, ratifying BDO USA, P.C. as auditor, an advisory vote on executive pay, and a major equity plan amendment.
The company seeks to amend its 2019 Omnibus Stock and Incentive Plan to raise the share pool from 1,797,600 to 3,197,600 common shares for employee and director awards. As of April 17, 2026, 47,343,272 common shares were outstanding, each with one vote.
The proxy describes board structure, committee independence, and an investor rights agreement that gives Conversant Capital and Silk Partners board designation rights. It also details 2025 pay for top executives, including salary, cash bonuses tied to financial metrics, and performance-based and time-based equity awards.
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.
Sonida Senior Living, Inc. reported that President & CEO Brandon Ribar received an equity grant and had shares withheld for taxes. On April 17, 2026, he acquired 23,023 shares of common stock at $0.00 per share as a grant of restricted stock units that will vest in equal installments over three years on each anniversary of the grant date. On April 5, 2026, 7,010 shares were disposed of at $32.18 per share to satisfy tax withholding obligations upon vesting of previously awarded restricted stock, which is not an open-market sale. After these transactions, he directly owned 306,898 shares of common stock. Footnotes also state he holds additional performance-based RSUs that may vest after the end of 2027 and 2028 based on the company’s financial performance and Compensation Committee certification.
Sonida Senior Living, Inc. reported a change in its Board of Directors. On April 16, 2026, independent director Shmuel S.Z. Lieberman notified the Board he will resign effective April 27, 2026, with no disagreement regarding the company’s operations, policies or practices.
The Board simultaneously appointed Sam Levinson as a Class II director, effective April 27, 2026, to fill the vacancy and serve until the company’s 2026 annual meeting of stockholders. Levinson will also join the Compensation Committee and serve as a director designee of Silk Partners LP under an existing Investor Rights Agreement.
Levy Max reported acquisition or exercise transactions in this Form 4 filing.
Sonida Senior Living granted SVP & Chief Investment Officer Max Levy 8,482 restricted stock units on April 17, 2026. These RSUs vest in equal installments over three years on each anniversary of the grant date, providing equity-based compensation that ties his pay to future company performance.
In total, Levy now directly holds 103,487 shares of common stock. Separate from this grant, he also holds 11,692 performance-based RSUs that may vest from 0% to 150% after the end of 2027 and 12,723 performance-based RSUs with similar performance-based vesting after the end of 2028, contingent on the company meeting specified financial goals and Compensation Committee certification.
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.
Bailey Tabitha reported acquisition or exercise transactions in this Form 4 filing.
Sonida Senior Living executive Tabitha Bailey received a grant of 4,847 shares of common stock in the form of restricted stock units at no cash cost on April 17, 2026. These RSUs will vest in equal installments over three years, on each anniversary of the grant date. Following this award, she directly holds 19,760 shares of common stock. Separate from this grant, footnotes describe additional performance-based RSUs that may vest after 2027 and 2028 if specific financial goals are achieved and certified by the Compensation Committee.
Sonida Senior Living’s SVP & Chief Legal Officer Tabitha Bailey received a grant of 55,000 performance units on Common Stock. These PSUs can convert into one share each but are conditional on stockholders approving an increase to the 2019 Plan share reserve and the closing of the company’s merger with CNL Healthcare Properties.
Between 33% and 100% of the target PSUs may vest over a period from February 23, 2027 to February 23, 2030 based on specified stock price performance, with a potential 30-day extension. Separately, on December 9, 2025, 402 shares of Common Stock were withheld at $30.43 per share to satisfy tax obligations, leaving Bailey with 14,913 shares directly owned. An additional 5,315 PSUs can vest from 0% to 150% after the end of 2027 based on financial goals and Compensation Committee certification.