Mauldin Stephen H 4
Research Summary
AI-generated summary
Sonida (SNDA) Director Stephen Mauldin Receives Award of 4,132 RSUs
What Happened
Stephen H. Mauldin, a director of Sonida Senior Living, Inc. (SNDA), was granted 4,132 restricted stock units (RSUs) on June 11, 2026. The award was recorded at $0.00 per share (no cash paid at grant). The filing shows the grant as an award rather than a purchase or sale.
Key Details
- Transaction date: 2026-06-11; Grant type: Award of RSUs (code A) at $0.00 per share.
- Number of RSUs: 4,132. Total cash exchanged at grant: $0.00.
- Vesting: The RSUs vest in full on June 11, 2027, contingent on continued service as a board member (see footnote).
- Shares owned after transaction: Not disclosed in the supplied excerpt of the filing.
- Filing date: 2026-06-15 (filed within the required two-business-day window; not indicated as late).
Context
RSU grants to directors are common compensation for board service and are not an open-market purchase or sale. The economic value of these RSUs will depend on SNDA’s stock price when they vest; until vested they are subject to forfeiture if the director does not remain on the board per the vesting condition. This grant is a compensation award, not an indication of a buy or sell decision by the director.