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, INC. executive Tabitha Bailey, SVP & Chief Legal Officer, reported a tax-related share withholding. Upon vesting of restricted stock, 432 shares of common stock were withheld to satisfy tax obligations, leaving her with 19,328 shares held directly. This reflects compensation-related tax withholding rather than an open-market trade.
Sonida Senior Living SVP & Chief Accounting Officer Timothy Cober reported a routine tax-related share withholding. On the vesting of restricted stock, 346 shares of common stock were withheld on May 19, 2026 at $36.94 per share to satisfy tax withholding obligations. After this disposition, he directly holds 40,966 common shares.
In addition to these shares, Cober has 4,252 performance-based RSUs eligible to vest following the end of 2027 and 5,453 performance-based RSUs eligible to vest following the end of 2028, in each case from 0% to 150% based on financial goals certified by the Compensation Committee.
Sonida Senior Living SVP & Chief Investment Officer Max Levy reported a routine tax-related share withholding. On the vesting of restricted stock, 1,363 shares of common stock were withheld at $36.94 per share to satisfy tax withholding obligations, rather than sold in the open market.
After this transaction, Levy directly holds 102,124 shares of common stock. Footnotes also note additional 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 Sonida’s achievement of specified financial goals and Compensation Committee certification.
Sonida Senior Living President & CEO Brandon Ribar reported a tax-related share withholding event. On the vesting of restricted stock, 3,067 shares of common stock were withheld at $36.94 per share to cover tax obligations, a non-market transaction.
After this withholding, Ribar directly holds 303,831 shares of common stock. The disclosure also notes performance-based RSUs that may vest after 2027 and 2028 if specified financial goals are met and the Compensation Committee certifies the results.
Sonida Senior Living EVP & CFO Kevin Detz reported routine equity activity related to restricted stock vesting. On May 19, 2026, 1,952 shares of common stock were withheld to satisfy tax withholding obligations at $36.94 per share, leaving him with 186,423 directly held shares. The filing also notes indirect holdings of 85 shares each held by his son and daughter. Footnotes describe additional performance-based RSUs of 14,881 and 19,085 units that may vest after 2027 and 2028 based on financial goals and Compensation Committee certification.
Sonida Senior Living, Inc. established an at-the-market equity program allowing the sale of up to $250,000,000 of common stock through a group of sales agents and forward purchasers under an equity distribution agreement and related master confirmations.
Shares may be sold over time on the New York Stock Exchange or other markets, including ordinary broker transactions, block trades and negotiated deals. Sales agents can earn up to 2.0% of the sale price as commission, and forward purchasers receive up to 2.0% via a reduced initial forward sale price.
The company plans to use net proceeds for acquisitions, capital projects at its senior living communities, working capital and other general corporate purposes, including possible debt repayment. It will not initially receive cash from forward sales and generally expects to settle forward agreements by delivering shares later.
Sonida Senior Living, Inc. is offering, pursuant to a prospectus supplement, up to $250,000,000 of its common stock for sale from time to time under a Distribution Agreement with multiple sales agents and through potential forward sale agreements. The offering may be conducted as an at-the-market program and/or negotiated transactions and includes arrangements where affiliated Forward Purchasers may borrow and sell shares to hedge forward commitments. The prospectus cites the NYSE closing price of $37.78 per share on May 15, 2026 and states net proceeds are intended for acquisitions, capital expenditures, working capital and potential debt repayment. The supplement warns that forward sale settlements can dilute earnings per share or create cash payment obligations and that sales will pay commissions up to 2.0%.
Sonida Senior Living, Inc. filed an amended current report to correct a labeling error in an earlier disclosure about its first-quarter 2026 results. The original report incorrectly used the heading “Item 8.01 Other Events” for information that should appear under “Item 7.01 Regulation FD Disclosure.”
The amendment moves that same information under Item 7.01 without changing its substance and confirms that the earlier financial results disclosure under Item 2.02 remains the same. The company’s press release on the quarter is attached as Exhibit 99.1, and an investor presentation is attached as Exhibit 99.2.
Sonida Senior Living, Inc. terminated its at-the-market stock issuance program with Mizuho Securities, effective May 13, 2026, and incurred no early termination penalties. This means Sonida no longer has an active ATM equity facility with Mizuho.
The company also filed audited financial statements for CNL Healthcare Properties (CHP) and unaudited pro forma combined financial information reflecting Sonida’s March 11, 2026 acquisition of CHP. CHP reported 2025 revenues of $392.6 million and a net loss of $8.8 million, with total assets of $1.29 billion.
Pro forma statements show how Sonida’s results might have looked if the CHP merger and related financing had been in place since January 1, 2025, although management notes these figures are illustrative and not a forecast.
Sonida Senior Living, Inc. reported a much larger net loss as it closed a transformative merger with CNL Healthcare Properties, Inc. For the three months ended March 31, 2026, total revenues rose to $122.6 million from $91.9 million, driven by resident revenue of $108.4 million versus $79.3 million a year earlier.
Net loss attributable to common shareholders widened to $61.4 million from $13.9 million, reflecting higher operating costs, $26.1 million of transaction and restructuring expenses, and a $19.1 million deemed dividend tied to the induced conversion of Series A preferred stock. The CHP Merger carried a preliminary purchase price of about $1.76 billion and added approximately $64.0 million of goodwill.
To finance the deal, Sonida raised $110.0 million of new equity and significantly increased debt, including a $550.0 million term loan facility, a $430.0 million revolving credit facility, and a $220.0 million bridge facility. Total debt rose to $1.64 billion, while cash, cash equivalents, and restricted cash increased to $100.2 million. Total assets expanded to $2.63 billion, and shareholders’ equity improved to $884.9 million from a small deficit at year-end 2025.