Ribar Brandon 4

What Happened

• Brandon Ribar, President, CEO and a director of Sonida Senior Living (SNDA), received a grant of 23,023 restricted stock units (RSUs) on April 17, 2026 (no cash cost to him at grant). Separately, 7,010 shares were withheld on April 5, 2026 to satisfy tax-withholding obligations from a vesting event; those withheld shares were disposed of at $32.18 per share for a total of $225,582.
• The RSU grant will vest over time (see Key Details); the share withholding is a routine tax-withholding event rather than an open-market sale.

Key Details

• Transaction dates and prices:
  • Apr 05, 2026 — 7,010 shares withheld (F) at $32.18/share; proceeds (disposition) $225,582.
  • Apr 17, 2026 — Grant of 23,023 RSUs (A) reported at $0.00 (typical for awards).
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: The 7,010 shares were withheld upon vesting to satisfy tax withholding.
  • F2: The 23,023 RSUs vest equally over three years (one-third each anniversary of the grant).
  • F3: The filing separately discloses additional performance-based RSUs (23,384 for 2027 and 34,535 for 2028) vesting 0%–150% subject to performance goals and committee certification.
• Filing timeliness: The Form 4 was filed on Apr 22, 2026 reporting transactions on Apr 5 and Apr 17; Form 4s are generally due within two business days of the transaction, so this filing appears later than the standard reporting window.

Context

• RSU grants are awards that typically vest over time and do not represent an immediate open-market purchase; the reported withholding was a tax-related disposition tied to vesting, a common administrative action rather than a directional market bet.
• Performance-based RSUs disclosed separately are contingent on future company performance and certification by the Compensation Committee; their ultimate vesting (and value) is uncertain.