SONIDA SENIOR LIVING, INC. (SNDA) 8-K Current Report: February 23, 2026
Filed: February 23, 2026
Health Care
Services-Nursing & Personal Care FacilitiesSONIDA SENIOR LIVING, INC. (SNDA) 8-K current report filed with SEC EDGAR on February 23, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
SONIDA SENIOR LIVING, INC. 8-K Feb 23, 2026 Event Analysis
Item 5.02 · Departure/Election of Directors or Officers
- • CEO Brandon Ribar granted PSUs for max 275,000 shares; CFO Kevin Detz granted max 185,000 shares
- • Awards contingent on two conditions: stockholder approval of Plan share reserve increase AND closing of CHP merger (both by Dec 31, 2026) — forfeit entirely if either fails
- • Three stock price hurdles: $40.11 (150%), $53.48 (200%), $66.85 (250%) of CHP reference price of $26.74 — performance period runs years 1–4 post-grant
- • Vesting structure: 1/3 at first hurdle, 2/3 at second, 100% at third; no interpolated vesting between hurdles
- • Change-in-control provision allows accelerated vesting based on deal price; death/disability triggers 100% immediate vesting
Other SONIDA SENIOR LIVING, INC. 8-K Filings
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