SNDA on NYSE
Sonida Senior Living
Sonida Senior Living, Inc. (NYSE: SNDA) is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third parties.3 It is headquartered in Dallas.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
1996Founded1
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- TickerSNDA on NYSE1
- IndustrySenior living1
- HeadquartersDallas1
- Websitewww.sonidaseniorliving.com
- Legal formDelaware corporation1
- Incorporated inDE5
- Business address14755 Preston Road, Suite 810, Dallas, Tx 752545
- Filer categoryAccelerated filer, Smaller reporting company5
- LEI254900YX6LQ8K1N8PZ904
- StatusActive4
- LEI statusIssued and current4
- Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States4
- Registered withDivision of Corporations, Department of State, 26771854
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Sonida Senior Living, Inc. (NYSE: SNDA) is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third parties.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Housing And Support Services brought in 86% of the revenue Sonida Senior Living broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Housing And Support Services | $264.7M | $328.2M |
| Community Reimbursement Revenue | $33.1M | $44.8M |
| Management Service | $3.4M | $4.4M |
| Community Fees | $1.9M | $2.4M |
| Ancillary Services | $1.2M | $1.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$380.8M
- Income tax0¢$330.0K
Out of $381.1M in revenue.7 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$33.3M
Out of $24.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.7
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Management fees | $381.1M | $304.3M |
| Operating expense | $253.2M | $202.0M |
| General and administrative expense | $39.9M | $34.1M |
| Transaction, transition and restructuring costs | $16.2M | $5.9M |
| Depreciation and amortization expense | $56.8M | $44.1M |
| Long-lived asset impairment | $12.5M | $0 |
| Managed community reimbursement expense | $44.8M | $33.1M |
| Total expenses | $423.3M | $319.2M |
| Interest income | $2.1M | $1.7M |
| Interest expense | -$38.6M | -$37.0M |
| Gain on extinguishment of debt | $0 | $48.5M |
| Loss from equity method investment | -$1.4M | -$895.0K |
| Other income (expense), net | $7.9M | -$540.0K |
| Loss before provision for income taxes | -$72.2M | -$3.0M |
| Provision for income taxes | -$330.0K | -$239.0K |
| Net loss | -$72.5M | -$3.3M |
| Less: Net loss attributable to noncontrolling interests | $1.7M | $1.2M |
| Net loss attributable to Sonida shareholders | -$70.8M | -$2.1M |
| Dividends on Series A convertible preferred stock | -$5.6M | -$2.8M |
| Undeclared dividends on Series A convertible preferred stock | $0 | -$2.7M |
| Net loss attributable to common stockholders | -$76.4M | -$7.6M |
| Basic net loss per share (in USD per share) | -$4.22 | -$0.54 |
| Diluted net loss per share (in USD per share) | -$4.22 | -$0.54 |
| Weighted average common shares outstanding basic (in shares) | 18.1M shares | 14.1M shares |
| Weighted average common shares outstanding diluted (in shares) | 18.1M shares | 14.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $11.0M | $17.0M | ||
| Prepaid expenses and other assets | $6.4M | $4.6M | ||
| Assets held for sale | $9.5M | $0 | ||
| Derivative assets | $8.0K | $1.4M | ||
| Deferred issuance costs | $13.2M | $0 | ||
| Total current assets | $77.9M | $64.1M | ||
| Property and equipment, net | $736.2M | $739.9M | ||
| Investment in unconsolidated entity | $8.8M | $10.9M | ||
| Other assets, net | $2.2M | $2.5M | ||
| Total assets | $844.8M | $841.9M | ||
| Accrued expenses | $71.7M | $45.0M | ||
| Current portion of debt, net of deferred loan costs | $7.3M | $15.5M | ||
| Federal and state income taxes payable | $292.0K | $243.0K | ||
| Liabilities held for sale | $13.5M | $0 | ||
| Other current liabilities | $379.0K | $470.0K | ||
| Total current liabilities | $105.1M | $75.6M | ||
| Long-term debt, net of deferred loan costs | $682.5M | $635.9M | ||
| Total liabilities | $788.6M | $712.3M | ||
| Series A convertible preferred stock, $0.01 par value; 41 shares authorized, 41 shares issued and outstanding as of December 31, 2025 and 2024 | $51.2M | $51.2M | $48.5M | |
| Preferred stock, value | $0 | $0 | ||
| Common stock, value | $188.0K | $190.0K | ||
| Additional paid-in capital | $490.8M | $491.8M | ||
| Retained deficit | -$491.0M | -$420.2M | ||
| Total Sonida shareholders equity (deficit) | -$11.0K | $71.8M | ||
| Noncontrolling interest: | $5.0M | $6.6M | ||
| Total equity | $5.0M | $78.4M | -$115.1M | |
| Total liabilities, redeemable preferred stock and equity | $844.8M | $841.9M | ||
| Allowance for doubtful accounts | $2.6M | $7.9M | $5.3M | |
| Series A convertible preferred stock , par value (in USD per share) | $0.01 | $0.01 | ||
| Temporary equity, shares authorized (in shares) | 41.0K shares | 41.0K shares | ||
| Temporary equity, shares issued (in shares) | 41.0K shares | 41.0K shares | 41.0K shares | |
| Temporary equity, shares outstanding (in shares) | 41.0K shares | 41.0K shares | ||
| Preferred stock, par value (in USD per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 15.0M shares | 15.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in USD per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 30.0M shares | 30.0M shares | 30.0M shares | |
| Common stock, shares issued (in shares) | 18.8M shares | 19.0M shares | ||
| Common stock, shares outstanding (in shares) | 18.8M shares | 19.0M shares | ||
| Restricted cash | $19.3M | $22.1M | ||
| Accounts receivable, net of allowance | $18.6M | $19.0M | ||
| Intangible assets, net | $19.7M | $24.5M | ||
| Accounts payable | $4.7M | $9.0M | ||
| Deferred income | $7.3M | $5.4M | ||
| Other long-term liabilities | $1.0M | $793.0K |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $11.0M | $17.0M | ||
| Prepaid expenses and other assets | $6.4M | $4.6M | ||
| Assets held for sale | $9.5M | $0 | ||
| Derivative assets | $8.0K | $1.4M | ||
| Deferred issuance costs | $13.2M | $0 | ||
| Total current assets | $77.9M | $64.1M | ||
| Property and equipment, net | $736.2M | $739.9M | ||
| Investment in unconsolidated entity | $8.8M | $10.9M | ||
| Other assets, net | $2.2M | $2.5M | ||
| Total assets | $844.8M | $841.9M | ||
| Accrued expenses | $71.7M | $45.0M | ||
| Current portion of debt, net of deferred loan costs | $7.3M | $15.5M | ||
| Federal and state income taxes payable | $292.0K | $243.0K | ||
| Liabilities held for sale | $13.5M | $0 | ||
| Other current liabilities | $379.0K | $470.0K | ||
| Total current liabilities | $105.1M | $75.6M | ||
| Long-term debt, net of deferred loan costs | $682.5M | $635.9M | ||
| Total liabilities | $788.6M | $712.3M | ||
| Series A convertible preferred stock, $0.01 par value; 41 shares authorized, 41 shares issued and outstanding as of December 31, 2025 and 2024 | $51.2M | $51.2M | $48.5M | |
| Preferred stock, value | $0 | $0 | ||
| Common stock, value | $188.0K | $190.0K | ||
| Additional paid-in capital | $490.8M | $491.8M | ||
| Retained deficit | -$491.0M | -$420.2M | ||
| Total Sonida shareholders equity (deficit) | -$11.0K | $71.8M | ||
| Noncontrolling interest: | $5.0M | $6.6M | ||
| Total equity | $5.0M | $78.4M | -$115.1M | |
| Total liabilities, redeemable preferred stock and equity | $844.8M | $841.9M | ||
| Allowance for doubtful accounts | $2.6M | $7.9M | $5.3M | |
| Series A convertible preferred stock , par value (in USD per share) | $0.01 | $0.01 | ||
| Temporary equity, shares authorized (in shares) | 41.0K shares | 41.0K shares | ||
| Temporary equity, shares issued (in shares) | 41.0K shares | 41.0K shares | 41.0K shares | |
| Temporary equity, shares outstanding (in shares) | 41.0K shares | 41.0K shares | ||
| Preferred stock, par value (in USD per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 15.0M shares | 15.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in USD per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 30.0M shares | 30.0M shares | 30.0M shares | |
| Common stock, shares issued (in shares) | 18.8M shares | 19.0M shares | ||
| Common stock, shares outstanding (in shares) | 18.8M shares | 19.0M shares | ||
| Restricted cash | $19.3M | $22.1M | ||
| Accounts receivable, net of allowance | $18.6M | $19.0M | ||
| Intangible assets, net | $19.7M | $24.5M | ||
| Accounts payable | $4.7M | $9.0M | ||
| Deferred income | $7.3M | $5.4M | ||
| Other long-term liabilities | $1.0M | $793.0K |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$72.5M | -$3.3M |
| Depreciation and amortization | $56.8M | $44.1M |
| Amortization of deferred loan costs | $1.6M | $1.6M |
| Loss on derivative instruments, net | $1.1M | $4.0M |
| Gain on sale of assets, net | $0 | -$192.0K |
| Long-lived asset impairment | $12.5M | $0 |
| Gain on extinguishment of debt | $0 | -$48.5M |
| Loss from equity method investment | $1.4M | $895.0K |
| Provision for credit losses | $3.3M | $2.6M |
| Non-cash stock-based compensation expense | $5.0M | $4.4M |
| Other non-cash items | $364.0K | -$35.0K |
| Accounts receivable | -$3.0M | -$13.5M |
| Prepaid expenses and other assets | $4.5M | -$156.0K |
| Other assets, net | $470.0K | $0 |
| Accounts payable and accrued expenses | $11.1M | $5.2M |
| Federal and state income taxes payable | $49.0K | $28.0K |
| Deferred income | $2.0M | $1.3M |
| Customer deposits | -$271.0K | -$19.0K |
| Net cash provided by (used in) operating activities | $24.4M | -$1.8M |
| Investments in unconsolidated entity | $0 | -$22.4M |
| Return of investment in unconsolidated entity | $785.0K | $10.6M |
| Acquisition of new communities | -$38.2M | -$172.5M |
| Capital expenditures | -$33.3M | -$25.2M |
| Proceeds from sale of assets | $0 | $631.0K |
| Net cash used in investing activities | -$70.7M | -$208.9M |
| Proceeds from issuance of common stock, net of issuance costs | $0 | $190.5M |
| Proceeds from notes payable | $18.1M | $56.0M |
| Repayments of notes payable | -$8.4M | -$72.0M |
| Proceeds from revolving credit facility | $49.5M | $68.7M |
| Repayment of revolving credit facility | -$14.5M | -$8.7M |
| Capital contributions from noncontrolling investors in joint ventures | $287.0K | $7.8M |
| Distributions to noncontrolling investors in joint ventures | -$132.0K | $0 |
| Dividends paid on Series A convertible preferred stock | -$5.6M | -$2.8M |
| Deferred loan costs paid | -$1.2M | -$3.7M |
| Purchase of derivative assets | -$129.0K | -$3.3M |
| Other financing costs | -$429.0K | -$449.0K |
| Net cash provided by financing activities | $37.5M | $232.0M |
| Increase (decrease) in cash and cash equivalents | -$8.8M | $21.3M |
| Interest | $37.3M | $33.4M |
| Income taxes paid, net - Texas | $277.0K | $220.0K |
| Notes payable acquired through acquisitions | $0 | $21.7M |
| Insurance financed through insurance notes payable | $6.2M | $1.7M |
| Non-cash additions of property and equipment | $729.0K | $2.2M |
| Non-cash right-of-use assets | $643.0K | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Sonida Senior Living sits at the top of its group. 137 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Sonida Senior Living
- Pertento Partners LLP Filed SCHEDULE 13G/A on Sonida Senior Living, latest Sep 10, 2026 (2 filings since Jun 11, 2026)
- Conversant Capital LLC Filed SCHEDULE 13D/A on Sonida Senior Living, latest Aug 25, 2026 (7 filings since Nov 12, 2021)
- Capital International Investors Filed SCHEDULE 13G on Sonida Senior Living, latest Aug 12, 2026
- Ugo Bizzarri Filed SCHEDULE 13G/A on Sonida Senior Living, latest Jun 4, 2026 (2 filings since Oct 4, 2024)
- Sam Levinson Filed SCHEDULE 13D/A on Sonida Senior Living, latest Mar 11, 2026 (8 filings since Oct 4, 2021)
- Arbiter Partners Capital Management LLC Filed SC 13D/A on Sonida Senior Living, latest May 9, 2024 (4 filings since Oct 8, 2021)
- Conversant GP Holdings LLC Filed SC 13D/A on Sonida Senior Living, latest Mar 26, 2024 (4 filings since Jul 7, 2023)
- Pangaea Ventures, L.P. Filed SC 13D/A on Sonida Senior Living, latest Jan 25, 2023 (5 filings since Oct 12, 2021)
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Sonida Senior Living, latest Feb 11, 2022
- Steven D. Lebowitz Filed SC 13G/A on Sonida Senior Living, latest Feb 8, 2022
- Clayton Partners LLC Filed SC 13G/A on Sonida Senior Living, latest Feb 4, 2022
- Sonida Senior Living Dallas, Texas, United States
- Capital Senior Development, Inc. Subsidiary · Texas, United States
- Capital Senior Living A, Inc. Subsidiary · Delaware, United States
- Capital Senior Living ILM-B, Inc. Subsidiary · Delaware, United States
- Capital Senior Living ILM-C, Inc. Subsidiary · Delaware, United States
- Capital Senior Living P-B, Inc. Subsidiary · Delaware, United States
- Capital Senior Living P-C, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties 2 - Gramercy, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties 2 – NHPT, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties 2, Inc. Subsidiary · Texas, United States
- Capital Senior Living Properties 3, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties 4, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties 5, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties 6, Inc. Subsidiary · Delaware, United States
- Capital Senior Living Properties, Inc. Subsidiary · Texas, United States
- Capital Senior Living, ILM-A, Inc. Subsidiary · Delaware, United States
- Capital Senior Living, Inc. Subsidiary · Texas, United States
- Capital Senior Management 1, Inc. Subsidiary · Texas, United States
- Capital Senior Management 2, Inc. Subsidiary · Texas, United States
- Capital Senior Management AC, Inc. Subsidiary · Delaware, United States
- Capital Senior Management S, Inc. Subsidiary · Texas, United States
- Capital Senior Peoria, LLC Subsidiary · Delaware, United States
- CGI Management, Inc. Subsidiary · Delaware, United States
- CSL Amberleigh, Inc. Subsidiary · Virginia, United States
- CSL Aspen Grove Management, LLC Subsidiary · Delaware, United States
- CSL Aspen Grove, LLC Subsidiary · Delaware, United States
- and 111 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Sonida Senior Living reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $560.7M7 Dec 31, 2025 | $576.4M10 Dec 31, 2024 | −2.7% |
Real estate and locations
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $11.0M7 Dec 31, 2025 | $17.0M7 Dec 31, 2024 | −35.2% |
| Stakes in other companies (equity method) | $8.8M7 Dec 31, 2025 | $10.9M7 Dec 31, 2024 | −19.7% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $34.2M7 Dec 31, 2025 | $29.0M7 Dec 31, 2024 | +18.1% |
| Accumulated amortization | $14.5M7 Dec 31, 2025 | $4.4M7 Dec 31, 2024 | +226.0% |
| Finite-lived intangibles, net | $19.7M7 Dec 31, 2025 | $24.5M10 Dec 31, 2024 | −19.5% |
Properties, in its own words
Our executive and administrative offices are located at 14755 Preston Road, Suite 810, Dallas, Texas 75254, and consist of approximately 12,723 square feet as of December 31, 2025. Our lease on the premises extends through April 30, 2028 with a three-year extension option. In February 2026, the Company added 4,400 square feet of additional lease space and amended its master lease to expire on October 31, 2031.
As of December 31, 2025, we owned, managed, or invested in the senior housing communities referred to in Part I, Item 1 above under the caption “Operating Communities.”
The rest of Item 2
With our recent CHP Merger, we acquired a national portfolio consisting of 69 high-quality senior housing communities that comprise a total of approximately 7,500 units and one vacant land parcel. The portfolio is geographically diversified with properties in 26 states.
Item 2 of the 10-K filed Mar 12, 2026.16
Leadership
Who has led Sonida Senior Living, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
200020052010201520202025
- Chief executive officerBrandon Ribar Sep 9, 2022 to now17
- Chief executive officerKimberly Herman Jan 9, 2019 to Apr 7, 202218
- Chief executive officerLawrence A. Cohen Apr 20, 2006 to Mar 29, 201819
- ChairJames A. Stroud Mar 7, 2006 to Oct 31, 200720
- PresidentBrandon Ribar Sep 9, 2022 to now17
- PresidentKimberly Herman Jan 9, 2019 to Apr 7, 202218
- PresidentKeith N. Johannessen Nov 22, 2006 to Dec 20, 201621
- Chief financial officerKevin Detz May 5, 2022 to now22
- Chief financial officerCarey P. Hendrickson May 16, 2014 to Apr 24, 202023
- Chief financial officerRalph A. Beattie Sep 6, 2006 to Apr 24, 201424
- Chief operating officerAnton D. Nikodemus Jun 17, 2026 to now25
- Chief operating officerBrandon Ribar Sep 10, 2019 to Apr 7, 202226
- Chief operating officerBrett D. Lee Jul 12, 2017 to Mar 29, 201827
- Chief operating officerKeith N. Johannessen Nov 22, 2006 to Dec 20, 201621
Board members and other officers (53)
- OfficerMax Levy Jun 3, 2024 to now28
- OfficerMichael Karicher Jan 31, 2023 to now29
- OfficerReanae Clark May 2, 2023 to Apr 22, 202430
- Chief Accounting OfficerHoward Steven Garfield May 10, 2022 to May 13, 202231
- OfficerTimothy Cober Jul 6, 2022 to now32
- VP-Accounting & PAOTiffany Dutton Nov 16, 2020 to Mar 26, 202133
- SVP-Chief Revenue OfficerMichael Fryar Feb 26, 2019 to Jan 22, 202534
- VP-OperationsCarole Burnell Apr 11, 2019 to Nov 17, 202135
- SVP-Human ResourcesJeremy Falke Feb 20, 2018 to May 18, 202236
- VP, Business DevelopmentJohn Klitsch Apr 2, 2018 to Oct 30, 201837
- VP, OperationsJeffrey Cellucci May 7, 2018 to Apr 15, 202038
- VP-OperationsKevin Wilbur Jan 25, 2017 to Jun 25, 201839
- VP-National Sales & MarketingGary E. Fernandez Jan 15, 2014 to Nov 22, 201740
- SVP, Gen. Counsel & SecretaryDavid R. Brickman Mar 8, 2013 to Jan 29, 202541
- Vice President - OperationsGreg Boemer Jun 27, 2013 to Jun 9, 201642
- Vice President - AcquisitionsJoseph G. Solari May 25, 2011 to May 16, 201943
- VICE PRESIDENT - OPERATIONSDavid W. Beathard Jan 7, 2009 to May 16, 201944
- Vice chairLawrence A. Cohen Apr 20, 2006 to Mar 29, 201819
- VP - National MarketingRob L. Goodpaster May 18, 2006 to May 28, 201345
- Controller - PropertyRobert F. Hollister May 19, 2006 to May 16, 201946
- Vice President - FinanceGloria Holland Sep 5, 2006 to May 29, 201947
- Board memberJ. Chandler Martin Mar 11, 2026 to now48
- Board memberStephen H. Mauldin Mar 11, 2026 to now49
- Board memberSparti Saf L.p. Cpif Mar 23, 2026 to now50
- Board memberSam Levinson Jun 15, 2026 to now51
- Board memberLilly Donohue May 14, 2024 to now52
- Board memberRobert T. Grove Jun 10, 2024 to Jun 10, 202453
- Board memberBrandon Ribar Sep 9, 2022 to now17
- Board memberMax Levy Nov 12, 2021 to Nov 12, 202154
- Board memberMichael Simanovsky Nov 12, 2021 to now55
- Board memberNoah Beren Nov 12, 2021 to now56
- Board memberShmuel Lieberman Nov 12, 2021 to now57
- Board memberBenjamin P. Harris Nov 15, 2021 to now58
- Board memberElliot R. Zibel Nov 15, 2021 to now59
- Board memberSteven T. Plochocki May 15, 2019 to May 20, 202160
- Board memberPaul J. Isaac Mar 17, 2017 to May 16, 201961
- Board memberRoss B. Levin Mar 17, 2017 to May 21, 202162
- Board memberEddie Arthur Grier May 20, 2016 to May 20, 202163
- Board memberKimberly Herman May 23, 2014 to Apr 7, 202264
- Board memberE. Rodney Hornbake May 25, 2011 to May 20, 202165
- Board memberPhilip A. Brooks Jun 16, 2010 to Jun 9, 202266
- Board memberRonald A. Malone Jun 16, 2010 to May 11, 201867
- Board memberJames A. Stroud Jun 17, 2009 to Jun 17, 200968
- Board memberMichael Reid Oct 7, 2009 to May 20, 202169
- Board memberHarvey Hanerfeld Apr 3, 2008 to Apr 8, 200970
- Board memberLawrence A. Cohen Apr 20, 2006 to Mar 29, 201819
- Board memberCraig F. Hartberg Jul 13, 2006 to Mar 7, 201471
- Board memberJames A. Moore Jul 27, 2006 to May 4, 201672
- Board memberJill M. Krueger Jul 27, 2006 to now73
- Board memberVictor W. Nee Jul 27, 2006 to Feb 3, 201074
- Board memberKeith N. Johannessen Nov 22, 2006 to Dec 20, 201621
- General counselTabitha Bailey Jan 10, 2025 to now75
- General counselDavid R. Brickman Dec 29, 2006 to Aug 10, 201276
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- CGI Management, Inc. Delaware6
- CSL Amberleigh, Inc. Virginia6
- CSL Aspen Grove Management, LLC Delaware6
- CSL Aspen Grove, LLC Delaware6
- CSL Autumn Glen Management, LLC Delaware6
- CSL Autumn Glen, LLC Delaware6
- CSL Batesville Management, LLC Delaware6
- CSL Batesville, LLC Delaware6
- CSL Baytown, LLC Delaware6
- CSL CE Arlington, LLC Delaware6
- CSL CE College Station, LLC Delaware6
- CSL CE Conroe, LLC Delaware6
- CSL CE Corpus, LLC Delaware6
- CSL CE Stephenville, LLC Delaware6
- CSL Carpenter’s Creek FL, LLC Delaware6
- CSL Chardon, LLC Delaware6
- CSL Cincinnati, LLC Delaware6
- CSL Colby, LLC Delaware6
- CSL Columbus, LLC Delaware6
- CSL Cottonwood, LLC Delaware6
- CSL Creekside FL, LLC Delaware6
- CSL Elkhorn Management, LLC Delaware6
- CSL Elkhorn, LLC Delaware6
- CSL Fitchburg Management, LLC Delaware6
All 136 listed subsidiaries
- CSL Fitchburg, LLC Delaware6
- CSL Georgetowne, LLC Delaware6
- CSL Granbury, LLC Delaware6
- CSL Green Bay Management, LLC Delaware6
- CSL Green Bay, LLC Delaware6
- CSL Greenbriar, LLC Delaware6
- CSL Hamilton, LLC Delaware6
- CSL Harrison, LLC Delaware6
- CSL Hartford, LLC Delaware6
- CSL Heritage AL, Inc. Virginia6
- CSL Heritage Management, LLC Delaware6
- CSL Heritage, LLC Delaware6
- CSL Keystone Woods, LLC Delaware6
- CSL Kingwood, LLC Delaware6
- CSL Laurelhurst NC, LLC Delaware6
- CSL LeaseCo, Inc. Delaware6
- CSL Levis Commons, LLC Delaware6
- CSL Management V-ARK, LLC Delaware6
- CSL Marion, LLC Delaware6
- CSL Miami, LLC Delaware6
- CSL North Pointe SC, LLC Delaware6
- CSL Ohio JV, LLC Delaware6
- CSL Park Falls, LLC Delaware6
- CSL Plymouth Management, LLC Delaware6
- CSL Plymouth, LLC Delaware6
- CSL RE Corpus, LLC Delaware6
- CSL Remington, LLC Delaware6
- CSL Riverbend IN, LLC Delaware6
- CSL Rose Arbor, LLC Delaware6
- CSL Shaker Heights, LLC Delaware6
- CSL Springfield MA, LLC Delaware6
- CSL Summit Place SC, LLC Delaware6
- CSL Summit Point, LLC Delaware6
- CSL Vintage Land, LLC Delaware6
- CSL Vintage Management, LLC Delaware6
- CSL Vintage, LLC Delaware6
- CSL Virginia Beach, LLC Delaware6
- CSL West Bend, LLC Delaware6
- CSL Whispering Pines, LLC Delaware6
- CSL White River, LLC Delaware6
- CSL Whitley Place Management, LLC Delaware6
- CSL Wisconsin Rapids, LLC Delaware6
- CSL Woodlands Management, LLC Delaware6
- CSL Wynnfield Crossing, LLC Delaware6
- Capital Senior Development, Inc. Texas6
- Capital Senior Living A, Inc. Delaware6
- Capital Senior Living ILM-B, Inc. Delaware6
- Capital Senior Living ILM-C, Inc. Delaware6
- Capital Senior Living P-B, Inc. Delaware6
- Capital Senior Living P-C, Inc. Delaware6
- Capital Senior Living Properties 2 - Gramercy, Inc. Delaware6
- Capital Senior Living Properties 2 – NHPT, Inc. Delaware6
- Capital Senior Living Properties 2, Inc. Texas6
- Capital Senior Living Properties 3, Inc. Delaware6
- Capital Senior Living Properties 4, Inc. Delaware6
- Capital Senior Living Properties 5, Inc. Delaware6
- Capital Senior Living Properties 6, Inc. Delaware6
- Capital Senior Living Properties, Inc. Texas6
- Capital Senior Living, ILM-A, Inc. Delaware6
- Capital Senior Living, Inc. Texas6
- Capital Senior Management 1, Inc. Texas6
- Capital Senior Management 2, Inc. Texas6
- Capital Senior Management AC, Inc. Delaware6
- Capital Senior Management S, Inc. Texas6
- Capital Senior Peoria, LLC Delaware6
- PAL Round Rock Owner GP, LLC Delaware6
- PAL Round Rock Owner, LP Delaware6
- PAL Round Rock TRS, LLC Delaware6
- PAL SL Decatur, LLC Delaware6
- PAL Shavano Park Owner GP, LLC Delaware6
- PAL Shavano Park Owner, LP Delaware6
- PAL Shavano Park TRS, LLC Delaware6
- PAL Westover Hills Owner GP, LLC Delaware6
- PAL Westover Hills Owner, LP Delaware6
- PAL Westover Hills TRS, LLC Delaware6
- PAL-SSL Decatur JV, LLC Delaware6
- PAL-SSL Seniors-III Portfolio JV, LLC Delaware6
- PAL-SSL TRS, LLC Delaware6
- Quality Home Care, Inc. Indiana6
- SSL - PAL JV Management, LLC Delaware6
- SSL AMT JV, LLC Delaware6
- SSL Georgia JV, LLC Delaware6
- SSL Sparti LLC Delaware6
- SSL Sparti Property Holdings Inc. Maryland6
- SSL Texas JV, LLC Delaware6
- Sonida Acquisition, LLC (formerly Capital Senior Living Acquisition, LLC) Delaware6
- Sonida Acquisitions II, LLC Delaware6
- Sonida Acquisitions III, LLC Delaware6
- Sonida Airy Hills LLC Delaware6
- Sonida Alpharetta LLC Delaware6
- Sonida Bluffton, LLC Delaware6
- Sonida Brownsburg IN, LLC Delaware6
- Sonida Charleston, LLC Delaware6
- Sonida Florence, LLC Delaware6
- Sonida Jacksonville LLC Delaware6
- Sonida Lawrenceville LLC Delaware6
- Sonida Macedonia, LLC Delaware6
- Sonida Mansfield TX LLC Delaware6
- Sonida Oviedo, LLC Delaware6
- Sonida Peachtree Corners, LLC Delaware6
- Sonida Plainfield IN, LLC Delaware6
- Sonida Port Orange, LLC Delaware6
- Sonida Rome GA, LLC Delaware6
- Sonida St. Augustine, LLC Delaware6
- Sonida St. Cloud, LLC Delaware6
- Sonida Tarpon Springs LLC Delaware6
- Triad Senior Living I, L.P. Texas6
- Triad Senior Living II, L.P. Texas6
- Triad Senior Living III, L.P. Texas6
- Triad Senior Living IV, L.P. Texas6
- Triad Senior Living V, L.P. Texas6
- Waterford Senior Living, Inc. Texas6
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- CAPITAL SENIOR LIVING CORPOct 3, 1997 to Nov 12, 20215
Timeline
- Oct 7, 20268-K Bylaws or fiscal year changed77
- Aug 17, 20268-K Other events78
- Aug 13, 20268-K Entered a material agreement; New debt or obligation79
- Aug 10, 20268-K Results of operations; Regulation FD disclosure80
- Aug 10, 20268-K Entered a material agreement; Unregistered sale of shares; Change to shareholders' rights81
- Jun 12, 20268-K Shareholder vote82
- Jun 1, 20268-K Executive or director change; Regulation FD disclosure83
- May 18, 20268-K Results of operations; Regulation FD disclosure84
- May 18, 20268-K Entered a material agreement85
- May 13, 20268-K Ended a material agreement; Other events86
- May 11, 20268-K Results of operations; Other events87
- Apr 22, 20268-K Executive or director change88
- Sep 9, 2022New chief executive Brandon Ribar becomes CEO17
- Jan 9, 2019New chief executive Kimberly Herman becomes CEO18
- Apr 20, 2006New chief executive Lawrence A. Cohen becomes CEO19
- 1996Founded Founded1
Calendar
Coming up
- Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($1.56) a share, on Nov 10, 2025.89
When it reported results
- Aug 10, 2026Reported quarterly or annual results80
- May 18, 2026Reported quarterly or annual results84
- May 11, 2026Reported quarterly or annual results87
- Mar 11, 2026Reported quarterly or annual results90
- Nov 10, 2025Reported quarterly or annual results91
- Aug 11, 2025Reported quarterly or annual results92
- May 12, 2025Reported quarterly or annual results93
- Mar 17, 2025Reported quarterly or annual results94
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
427 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 85 major events, 201 insider forms, 36 large holders, 85 other. The latest 20:
- Oct 7, 20268-K EDGAR
- Sep 10, 2026SCHEDULE 13G/A EDGAR
- Sep 4, 20264/A EDGAR
- Sep 4, 20264 EDGAR
- Sep 1, 20264 EDGAR
- Aug 27, 20264 EDGAR
- Aug 25, 20264 EDGAR
- Aug 25, 2026SCHEDULE 13D/A EDGAR
- Aug 24, 2026424B7 EDGAR
- Aug 19, 20264 EDGAR
- Aug 17, 2026POSASR EDGAR
- Aug 17, 20268-K EDGAR
- Aug 13, 20268-K EDGAR
- Aug 12, 2026SCHEDULE 13G EDGAR
- Aug 10, 20268-K EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 10, 20268-K EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 2026SCHEDULE 13D/A EDGAR
- Jul 6, 20264 EDGAR
The 427 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
66 open-market trades by officers, directors and large owners since October 2021: 54 buys and 12 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Conversant Capital LLCDirector | Sale | 97,581 | $38.42 | $3.7M | Form 4 |
| Aug 28, 2026 | Conversant Capital LLCDirector | Sale | 26,407 | $38.35 | $1.0M | Form 4 |
| Aug 27, 2026 | Conversant Capital LLCDirector | Sale | 15,000 | $39.00 | $585.0K | Form 4 |
| Aug 26, 2026 | Conversant Capital LLCDirector | Sale | 15,086 | $40.94 | $617.6K | Form 4 |
| Aug 25, 2026 | Conversant Capital LLCDirector | Sale | 115,000 | $40.71 | $4.7M | Form 4 |
| Aug 14, 2026 | Harris Benjamin PDirector | Sale | 6,269 | $39.79 | $249.4K | Form 4 |
| May 13, 2026 | Harris Benjamin PDirector | Sale | 2,500 | $37.46 | $93.7K | Form 4 |
| Mar 11, 2026 | Conversant PIF Aggregator A, LPDirector | Buy | 3,739,716 | $26.74 | $100.0M | Form 4 |
| May 21, 2025 | Ribar BrandonPresident & CEO | Buy | 4,000 | $24.67 | $98.7K | Form 4 |
| Jan 10, 2025 | Conversant Dallas Parkway (B) LPDirector | Buy | 27,111 | $21.31 | $577.7K | Form 4 |
| Jan 8, 2025 | Conversant Dallas Parkway (B) LPDirector | Buy | 15,000 | $21.34 | $320.1K | Form 4 |
| Dec 6, 2024 | Harris Benjamin PDirector | Sale | 3,000 | $24.00 | $72.0K | Form 4 |
| Nov 18, 2024 | Beren NoahDirector | Buy | 500 | $21.40 | $10.7K | Form 4 |
| Nov 18, 2024 | Detz KevinEVP & Chief Financial Officer | Buy | 4,166 | $21.63 | $90.1K | Form 4 |
| Nov 15, 2024 | Beren NoahDirector | Buy | 5,000 | $22.20 | $111.0K | Form 4 |
| Nov 15, 2024 | Ribar BrandonPresident & CEO | Buy | 4,000 | $22.68 | $90.7K | Form 4 |
| Nov 15, 2024 | Karicher MichaelChief People Officer | Buy | 2,000 | $22.00 | $44.0K | Form 4 |
| Nov 15, 2024 | Cober TimothySVP & Chief Accounting Officer | Sale | 5,227 | $22.74 | $118.9K | Form 4 |
| Nov 15, 2024 | Detz KevinEVP & Chief Financial Officer | Buy | 170 | $23.31 | $4.0K | Form 4 |
| Oct 23, 2024 | Conversant Dallas Parkway (A) LPDirector | Buy | 127,218 | $24.75 | $3.1M | Form 4 |
All 66 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Pertento Partners LLPSCHEDULE 13G/A, 2 filings Jun 11, 2026 to Sep 10, 202695
- Conversant Capital LLCSCHEDULE 13D/A, 7 filings Nov 12, 2021 to Aug 25, 202696
- Capital International InvestorsSCHEDULE 13G, 1 filing Aug 12, 202697
- Ugo BizzarriSCHEDULE 13G/A, 2 filings Oct 4, 2024 to Jun 4, 202698
- Sam LevinsonSCHEDULE 13D/A, 8 filings Oct 4, 2021 to Mar 11, 202699
- Arbiter Partners Capital Management LLCSC 13D/A, 4 filings Oct 8, 2021 to May 9, 2024100
- Conversant GP Holdings LLCSC 13D/A, 4 filings Jul 7, 2023 to Mar 26, 2024101
- Pangaea Ventures, L.P.SC 13D/A, 5 filings Oct 12, 2021 to Jan 25, 2023102
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 11, 2022103
- Steven D. LebowitzSC 13G/A, 1 filing Feb 8, 2022104
- Clayton Partners LLCSC 13G/A, 1 filing Feb 4, 2022105
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Brandon M. Ribar, | 45 | $550.0K | $2.2M106 |
| 2025 | Kevin J. Detz, | 46 | $475.0K | $1.6M106 |
| 2025 | Max J. Levy, | 35 | $387.5K | $1.2M106 |
| 2024 | President and ChiefExecutive Officer | $474.8K | $3.2M106 | |
| 2024 | Executive VicePresident and Chief Financial Officer | $417.4K | $2.2M106 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Conversant Capital LLC | 14,605,874 | $595.9M | 69.9% | No change |
| Capital International Investors | 3,291,753 | $134.3M | 0.0% | +1,548,181 |
| Pertento Partners LLP | 2,375,656 | $96.9M | 7.0% | New |
| BlackRock, Inc. | 2,218,503 | $90.5M | 0.0% | +1,793,993 |
| Irenic Capital Management LP | 1,903,621 | $77.7M | 5.6% | +683,874 |
| Vanguard Capital Management LLC | 1,289,010 | $52.6M | 0.0% | +925,269 |
| Geode Capital Management, LLC | 742,702 | $30.3M | 0.0% | +582,872 |
| Tyro Capital Management LLC | 628,152 | $25.6M | 5.8% | +591,701 |
| State Street Corp | 618,498 | $25.2M | 0.0% | +478,309 |
| Nuveen, LLC | 571,641 | $23.3M | 0.0% | +549,479 |
| Jennison Associates LLC | 414,541 | $16.9M | 0.0% | New |
| Arbiter Partners Capital Management LLC | 404,282 | $16.4M | 4.5% | +252,051 |
| J. Goldman & Co LP | 400,023 | $16.3M | 0.6% | −150,653 |
| Hazelview Securities Inc. | 350,941 | $14.8M | 2.1% | −317,706 |
| Kennedy Capital Management LLC | 343,524 | $14.0M | 0.2% | New |
| Solas Capital Management, LLC | 337,679 | $13.8M | 7.4% | −108,200 |
| Citadel Advisors LLC | 335,453 | $13.7M | 0.0% | +208,387 |
| Clayton Partners LLC | 316,775 | $12.9M | 8.5% | +5,699 |
| DigitalBridge Group, Inc. | 309,900 | $12.6M | 0.8% | +83,500 |
| Hudson Bay Capital Management LP | 273,500 | $11.2M | 0.1% | +256,326 |
| Garnet Equity Capital Holdings, Inc. | 269,368 | $11.0M | 4.9% | +77,440 |
| Obion Capital Management LP | 268,793 | $11.0M | 9.3% | No change |
| Emmett Investment Management, LP | 261,148 | $10.9M | 7.6% | +26,324 |
| LuminArx Capital Management LP | 258,750 | $10.6M | 6.3% | No change |
| Northern Trust Corp | 243,155 | $9.9M | 0.0% | +188,170 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Apr 7, 2026 | Rick LarsenDemocratic, House | Sale | $1,001 - $15,000 | +5.1% | Report |
| Mar 31, 2026 | Rick LarsenDemocratic, House | Exchange | $1,001 - $15,000 | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Sonida Senior Living is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSONIDA SENIOR LIVING, INC.2
- CIK0001043000
- Employer ID (EIN)75-267880916
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company16
- Incorporated inDelaware16
- Fiscal year endsDecember 312
- Industry code (SIC)8050 Services-Nursing & Personal Care Facilities2
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
- Business address14755 Preston Road, Suite 810, Dallas, TX 752542
- Phone97277056002
- Shares outstanding48,047,990 as of Aug 7, 202614
- Public float$155.9M as of Jun 30, 202516
- AuditorBDO USA, P.C, Dallas, Texas PCAOB ID 243; it also attests to the company’s internal control over financial reporting16
- On EDGAR sinceAug 12, 19972
- Filings1,552 in all: 4 (630), 8-K (306), 10-Q (87), SC 13G/A (84), SC 13D/A (66), 3 (54), SC 13G (34), DEF 14A (30)2
All 50 form types
10-K (29), CORRESP (22), DEFA14A (20), UPLOAD (19), DFAN14A (15), 8-K/A (14), 4/A (12), ARS (12), SC 13D (12), S-8 (10), EFFECT (9), S-3 (9), 425 (8), 424B5 (7), PRE 14A (7), SCHEDULE 13D/A (6), S-1/A (5), 10-K/A (4), 10-Q/A (3), 144 (3), 8-A12B (3), NT 10-K (3), SCHEDULE 13G (3), 3/A (2), 424B1 (2), DEFC14A (2), DEFR14A (2), PREC14A (2), S-3/A (2), SCHEDULE 13G/A (2), 25-NSE (1), 424B3 (1), 424B7 (1), 5 (1), 8-A12B/A (1), NO ACT (1), NT 10-Q (1), POSASR (1), S-1 (1), S-3ASR (1), S-4 (1), S-4/A (1)
- Latest filingsAnnual report (10-K) Mar 12, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 27, 2026
Latest 8-K (8-K) Oct 7, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.01 par value per share | SNDA | New York Stock Exchange |
From the cover page of the 10-K filed Mar 12, 2026 (Section 12(b) of the Exchange Act).16
Risk factors and legal proceedings
The risks Sonida Senior Living names in Item 1A of its 10-K filed Mar 12, 2026: 36 risks under these headings, as written.16
- Risks Related to Our Liquidity and Indebtedness
- Risks Related to Our Business, Operations and Strategy
- Risks Related to Human Capital
- Risks Related to Regulatory, Compliance, and/or Legal Matters
- Risks Related to Our Corporate Organization and Structure
- Risks Related to Other Market Factors
- We have significant debt and our failure to generate cash flow sufficient to cover required interest and principal payments could result in defaults of the related debt.
- Our failure to comply with financial covenants and other restrictions contained in our debt instruments could result in the acceleration of the related debt or in the exercise of other remedies.
- We may require additional financing and/or refinancing actions in the future and may issue equity securities.
- Elevated market interest rates, or future interest rate increases, could significantly increase the costs of our variable rate debt obligations, which may affect our cost of capital and, as a result, our liquidity and earnings.
- We may need additional capital to fund our operations, capital expenditure plans, and strategic priorities, and we may not be able to obtain it on terms acceptable to us, or at all.
- We may be unsuccessful in integrating recent or future acquisitions into our existing operations or in realizing all or the anticipated benefits of such acquisitions, including the CHP Merger, and the closing of such acquisitions, including the CHP Merger, may adversely affect our business, financial condition, operations, stock price and market value.
The other 30 risks
- CHP’s third-party managers and tenants expose us to additional operational risks.
- Managed Communities
- Leased Communities
- The obligations and liabilities of CHP, some of which may be unanticipated or unknown, may be greater than we have anticipated, which may diminish the value of CHP to us.
- We have incurred and are expected to incur substantial expenses related to the integration of the Company and CHP.
- We may not have accurately estimated the benefits or synergies to be realized from businesses we acquired, including CHP.
- Our investments in joint ventures could be adversely affected by our lack of exclusive control over these investments, our partners’ insolvency or failure to meet their obligations and disputes between us and our partners.
- We largely rely on private pay residents and circumstances that adversely affect the ability of the seniors to pay for our services could have a material adverse effect on us.
- Changes in the reimbursement rates, methods, or timing of payment from government reimbursement programs could adversely affect our revenues, results of operations, and cash flow.
- The senior living services industry is very competitive and some competitors may have substantially greater financial resources than us.
- Termination of resident agreements and resident attrition could affect adversely our revenues and earnings.
- We have incurred losses from operations in each of the last two fiscal years and may do so in the future.
- We rely on information technology in our operations, and failure to maintain the security and functionality of our information technology and computer systems, or to prevent a cybersecurity attack, breach or other unauthorized access, could adversely affect our business, reputation and relationships with our residents, employees and referral sources and may subject us to remediation costs, government inquiries and liabilities under HIPAA and data and consumer protection laws, any of which could materially and adversely impact our revenues, results of operations, cash flow, and liquidity.
- There is an inherent risk of liability in the provision of personal and health care services, not all of which may be covered by insurance.
- Damage from catastrophic weather and other natural events, including climate change, could result in losses and adversely affect us and certain of our residents.
- The geographic concentration of our communities could leave us vulnerable to an economic downturn, regulatory changes, acts of nature, including severe weather conditions or natural disasters, or the physical effects of climate change in those areas, which could negatively impact our financial condition, revenues, results of operations, and cash flow.
- Because we do not presently have plans to pay dividends on our common stock, holders of our common stock must look solely to appreciation of our common stock to realize a gain on their investment.
- We cannot predict the potential emergence and effects of a severe cold and flu season or a future pandemic, epidemic or outbreak of an infectious disease, on our operations, financial condition and liquidity.
- Our approach to AI presents risks and challenges that could impact our business and could adversely affect our business.
- A significant increase in our labor costs or labor shortages could have a material adverse effect on us.
- We rely on the services of key executive officers and the transition of management or loss of these officers or their services could have a material adverse effect on us.
- We are subject to risks related to the provision for employee health care benefits and future health care reform legislation.
- Risks Related to Regulatory, Compliance and/or Legal Matters
- We are subject to governmental regulations and compliance, some of which are burdensome and some of which may change to our detriment in the future.
- Changes in federal, state and local employment-related laws and regulations, or our failure to comply with these laws and regulations, could have an adverse effect on our financial condition, results of operations, and cash flow.
- We may be subject to liability for environmental damages.
- Anti-takeover provisions in our governing documents, governing law, and material agreements may discourage, delay or prevent a merger or acquisition that our stockholders may consider favorable or prevent the removal of our current board of directors and management.
- Approximately 39 percent of the voting power of our issued and outstanding securities is held by a small group of stockholders.
- We are a holding company with no operations and rely on our operating subsidiaries to provide us with funds necessary to meet our financial obligations.
- Various factors, including general economic conditions such as elevated labor costs, could adversely affect our financial performance and other aspects of our business.
- Future sales of equity securities by us or certain stockholders may adversely affect the market price of our common stock.
- Our stock price has fluctuated in the past, has recently been volatile and may be volatile in the future, and as a result, investors in our common stock could incur substantial losses.
- Our trading volume may not provide adequate liquidity for investors.
Legal proceedings
We have claims incurred in the normal course of our business. Most of these claims are believed by management to be covered by insurance, subject to normal reservations of rights by the insurance companies and possibly subject to certain exclusions in the applicable insurance policies. Whether or not covered by insurance, these claims, in the opinion of management, and based on advice of legal counsel, should not have a material effect on our consolidated financial statements if determined adversely to us.
The opening of Item 3, Legal Proceedings.16
Links
- Websitewww.sonidaseniorliving.com1
- YouTubewww.youtube.com/channel/UCosds_UJVBZgRuOI_jSnnTg1
- WikipediaSonida Senior Living
- WikidataQ5035662
- SEC EDGARCIK 1043000
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataSonida Senior Living on Wikidata
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- 3WikipediaSonida Senior Living on Wikipedia
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- 20SEC EDGARJames A. Stroud, Chair
- 21SEC EDGARKeith N. Johannessen, President
- 22SEC EDGARKevin Detz, Chief financial officer
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- 28SEC EDGARMax Levy, Officer
- 29SEC EDGARMichael Karicher, Officer
- 30SEC EDGARReanae Clark, Officer
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- 32SEC EDGARTimothy Cober, Officer
- 33SEC EDGARTiffany Dutton, VP-Accounting & PAO
- 34
- 35SEC EDGARCarole Burnell, VP-Operations
- 36SEC EDGARJeremy Falke, SVP-Human Resources
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- 38SEC EDGARJeffrey Cellucci, VP, Operations
- 39SEC EDGARKevin Wilbur, VP-Operations
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- 48SEC EDGARJ. Chandler Martin, Board member
- 49SEC EDGARStephen H. Mauldin, Board member
- 50SEC EDGARSparti Saf L.p. Cpif, Board member
- 51SEC EDGARSam Levinson, Board member
- 52SEC EDGARLilly Donohue, Board member
- 53SEC EDGARRobert T. Grove, Board member
- 54SEC EDGARMax Levy, Board member
- 55SEC EDGARMichael Simanovsky, Board member
- 56SEC EDGARNoah Beren, Board member
- 57SEC EDGARShmuel Lieberman, Board member
- 58SEC EDGARBenjamin P. Harris, Board member
- 59SEC EDGARElliot R. Zibel, Board member
- 60SEC EDGARSteven T. Plochocki, Board member
- 61SEC EDGARPaul J. Isaac, Board member
- 62SEC EDGARRoss B. Levin, Board member
- 63SEC EDGAREddie Arthur Grier, Board member
- 64SEC EDGARKimberly Herman, Board member
- 65SEC EDGARE. Rodney Hornbake, Board member
- 66SEC EDGARPhilip A. Brooks, Board member
- 67SEC EDGARRonald A. Malone, Board member
- 68SEC EDGARJames A. Stroud, Board member
- 69SEC EDGARMichael Reid, Board member
- 70SEC EDGARHarvey Hanerfeld, Board member
- 71SEC EDGARCraig F. Hartberg, Board member
- 72SEC EDGARJames A. Moore, Board member
- 73SEC EDGARJill M. Krueger, Board member
- 74SEC EDGARVictor W. Nee, Board member
- 75SEC EDGARTabitha Bailey, General counsel
- 76SEC EDGARDavid R. Brickman, General counsel
- 77SEC EDGARBylaws or fiscal year changed
- 78SEC EDGAROther events
- 79
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- 82SEC EDGARShareholder vote
- 83
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- 85SEC EDGAREntered a material agreement
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- 87SEC EDGARResults of operations; Other events
- 88SEC EDGARExecutive or director change
- 89NasdaqNasdaq calendar
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