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 EVP & CFO Kevin Detz reported multiple equity changes. On March 9, 2026, he disposed of 9,134 shares of common stock back to the issuer, reflecting forfeiture of previously reported performance-based restricted stock after only partial achievement of fiscal 2025 performance targets. On the same date, 2,917 shares were withheld at $36.64 per share to cover tax obligations at vesting.
Following these events, Detz held 180,113 common shares directly, plus small indirect holdings of 85 shares each held by his son and daughter. On February 23, 2026, he also received a contingent award of 185,000 performance stock units tied to future stock price performance, shareholder approval of an increased share reserve, and closing of the company’s merger with CNL Healthcare Properties, with potential vesting between February 23, 2027 and February 23, 2030.
Sonida Senior Living, Inc. President & CEO Brandon Ribar reported several equity compensation adjustments. He disposed of 14,353 shares of common stock back to the company at no price after performance-based restricted stock was forfeited because the company only partially met its fiscal 2025 performance target, leaving him with 297,357 shares. On the same date, 6,472 shares were withheld at $36.64 per share to cover tax obligations upon restricted stock vesting, reducing his direct holdings to 290,885 shares. Earlier, he received a grant of 275,000 performance stock units, each representing a contingent right to one share of common stock. This grant is conditional on shareholders approving an increase to the 2019 Plan share reserve and the closing of the company’s merger with CNL Healthcare Properties, Inc., and may vest between 33% and 100% over a performance period from February 23, 2027 to February 23, 2030, based on achieving specified stock price targets.
Levy Max reported acquisition or exercise transactions in this Form 4 filing.
Sonida Senior Living, Inc. reported that SVP & Chief Investment Officer Max Levy received a grant of 130,000 performance stock units. Each unit represents a potential share of common stock but is contingent on stockholders approving an increase to the 2019 plan share reserve and the closing of Sonida’s previously announced merger with CNL Healthcare Properties, Inc.
Between 33% and 100% of the 130,000 target PSUs may vest over a three-year performance period from February 23, 2027 to February 23, 2030, with a possible 30-day extension, based on Sonida’s common stock reaching specified price levels.
Sonida Senior Living’s SVP & Chief Accounting Officer Timothy Cober reported compensation-related stock changes and a new performance award. He returned 1,957 shares of common stock to the company and had 547 shares withheld at $36.64 per share to cover tax obligations on vesting, leaving him with 38,270 common shares held directly.
Cober also received an award of 55,000 performance stock units, each representing a contingent right to one share of common stock. The PSUs are conditional on stockholders approving an increase to the 2019 plan share reserve and on closing the company’s merger with CNL Healthcare Properties. Between 33% and 100% of the target PSUs may vest during a performance period from February 23, 2027 to February 23, 2030, based on the stock price meeting specified thresholds.
CPIF Sparti SAF, L.P., identified as a director of Sonida Senior Living, Inc., has filed an initial ownership report showing it directly holds 1,834,951 shares of Sonida common stock. The entry, dated 2026-03-11, reflects a holding position only, with no buy or sell transactions reported.
CPIF K Co-Invest SPT A, L.P. filed an initial ownership report as a director of Sonida Senior Living, Inc. The filing shows direct beneficial ownership of 224,829 shares of Common Stock. This Form 3 does not report any new purchases, sales, or option exercises, only the existing equity position.
Sonida Senior Living’s major shareholders, including investment vehicles affiliated with Conversant Capital and director Michael Simanovsky, reported large indirect insider purchases and capital structure changes. On March 11, 2026, these entities bought an aggregate 3,739,716 shares of common stock in open‑market or private transactions at $26.74 per share, with no common stock sales reported.
The company and Investors A and B agreed to amend the Series A Convertible Preferred Stock, reducing its conversion price from $40 to $32 per share and making a one‑time cash payment of approximately $5.8 million, including about $1.1 million of accrued dividends. Immediately afterward, Investors A and B converted their Series A preferred into common stock, producing blocks of 1,504,134 and 97,371 common shares. Warrants originally exercisable at $40 per share for 968,538 and 62,712 common shares were simultaneously re‑issued with the same exercise price but an extended expiration date to November 3, 2027.
Following these transactions, the reporting entities show substantial indirect common stock positions, including one line item with 6,857,823 shares of common stock as of March 11, 2026.
Sonida Senior Living, Inc. received a large equity infusion from Conversant-affiliated investors and completed a broader merger transaction, giving the Conversant group significant influence over the company. The reporting persons, led by Conversant Capital LLC and Michael J. Simanovsky, now beneficially own 15,637,124 shares of common stock, or 32.3% of the company, including 1,031,250 shares issuable upon exercise of warrants.
The equity financing, completed alongside the CNL merger, involved Conversant investors purchasing common stock from the company for an aggregate $100,000,005.84. Sonida agreed to reduce the conversion price of its Series A Preferred Stock from $40.00 to $32.00 per share, extend the expiration of warrants to November 3, 2027, and make a one-time payment of approximately $5.8 million, including about $1.1 million of accrued dividends. All outstanding Series A Preferred Stock was converted into 1,601,505 common shares, further consolidating Conversant’s position and installing Simanovsky as board chairman.
Sonida Senior Living, Inc. filed its annual report describing a major strategic shift driven by its March 11, 2026 acquisition of CNL Healthcare Properties, Inc. (CHP). The CHP Merger adds 69 senior housing communities, more than doubling owned units to approximately 14,700 and broadening coverage across the South, Southeast, Midwest, Mountain West and Pacific Northwest.
To finance the transaction, Sonida added $945.0 million of new debt on top of $693.1 million outstanding as of December 31, 2025, including a $270.0 million bridge facility and $525.0 million in term loans. It also converted all Series A preferred stock into 1,601,505 common shares after cutting the conversion price from $40.00 to $32.00, extending related $40.00 warrants by one year and paying $4.7 million as an inducement plus $1.1 million of accrued dividends.
Before the merger, Sonida operated 96 communities in 20 states with capacity for about 10,150 residents, focused on independent living, assisted living and memory care. The company highlights integration plans, portfolio optimization, labor pressures, regulatory risk, cybersecurity, substantial leverage and recent operating losses as key risk factors for future performance.
SONIDA SENIOR LIVING, INC. director Stephen H. Mauldin filed an initial ownership report on Form 3. The filing shows he directly holds 808 shares of the company’s common stock. This is a baseline disclosure of his equity position and does not reflect any new buy or sell transaction.
SONIDA SENIOR LIVING, INC. director Stephen H. Mauldin filed an initial ownership report on Form 3. The filing shows he directly holds 808 shares of the company’s common stock. This is a baseline disclosure of his equity position and does not reflect any new buy or sell transaction.