---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-064396"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:02:15.259870+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Sonida grants CEO and CFO performance stock units tied to CHP merger and stock price hurdles

## Summary
- CEO Brandon Ribar receives PSUs for up to 275,000 shares; CFO Kevin Detz up to 185,000 shares.
- PSUs vest upon stock price reaching $40.11, $53.48, or $66.85 per share (150%, 200%, 250% of merger reference $26.74).
- Award conditioned on stockholder approval of Plan share increase and closing of CHP merger by Dec 31, 2026.
- No vesting if neither condition met; forfeiture if service ends before vesting except for death/disability or qualifying termination before a change in control.
- Performance period begins one year after grant date (Feb 23, 2026) and ends on fourth anniversary.

## SEC filing metadata
- accession: 0001193125-26-064396
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043000/000119312526064396/0001193125-26-064396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000119312526064396/d705505d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-064396
- JSON: https://secwatch.observer/filing/0001193125-26-064396.json
- Plain text: https://secwatch.observer/filing/0001193125-26-064396.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
