Detz Kevin 4
Research Summary
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Sonida Senior Living (SNDA) CFO Kevin Detz Receives RSU Award
What Happened Kevin Detz, Chief Financial Officer of Sonida Senior Living (SNDA), received a grant of 12,723 restricted stock units (RSUs) on April 17, 2026 (no cash paid). Separately, 4,461 shares were withheld upon vesting on April 5, 2026 to satisfy tax withholding obligations; those withheld shares were valued at $32.18 each for a total of $143,555. The net result is an increase of 8,262 restricted shares (12,723 granted minus 4,461 withheld).
Key Details
- Transactions reported: 4/05/2026 — 4,461 shares withheld for taxes at $32.18 (disposition) = $143,555; 4/17/2026 — grant of 12,723 RSUs (no immediate cash value).
- Vesting schedule for the 12,723 RSUs: vests equally over a three-year period on each anniversary of the grant (per footnote).
- Additional contingent awards not included in the grant: 14,881 performance RSUs (performance period ending 2027) and 19,085 performance RSUs (performance period ending 2028), each eligible to vest 0%–150% based on company financial goals and Compensation Committee certification.
- Shares owned after the transactions are not stated in the provided filing; net increase from these events is 8,262 restricted shares.
- Filing date: April 22, 2026 — which is more than two business days after the April 5 and April 17 transactions, so the report appears to have been filed late.
Context
- The 4,461-share disposition was a tax-withholding event (common when restricted shares vest) and is not an open-market sale signal. The 12,723 RSU grant is a standard equity award to executives and vests over time, so it reflects compensation rather than an immediate purchase. Performance-based RSUs are contingent and may never vest or could vest up to 150% if targets are met.