SONIDA SENIOR LIVING, INC.
SNDA · Services-Nursing & Personal Care Facilities · 47.3M shares · +63%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$2M (gross $2M, SBC $4M)
Reference price $37.46 · est. market cap ~$1.8B — last insider sale, 2026-05-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D43Sonida Senior Living — senior-living operator with negative equity.
Strengths
- Revenue +25%; occupancy recovery
- Recapitalization efforts underway
Risks
- Negative equity; weak liquidity (current 0.74)
- Net loss; short cash runway (~4.9q); high lease/debt load
Notable findings
- Chronic dilutionShare count +63%/yr over 4y (dilution)
- Negative equityNegative book equity (debt/equity -62040.91)
- Net lossNet loss (net margin -18.6%)
- Cash burnNegative free cash flow (-8.9M)
- Weak liquidityCurrent ratio 0.74 (<1)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Insider buyingInsider buying — 4 open-market buy(s) by 1 insider(s) (~$100M, last 6mo) Form 4 ↗
- Pending mergerRecent Developments - Strategic Merger with CHP On March 11, 2026, pursuant to the Agreement and Plan of Merger, dated November 4, 2025 (the “Merger Agreement”), by and among the Company, SSL Sparti
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
-18.6%
Return on equity
643445.5%
Return on assets
-8.4%
Revenue growth (QoQ)
25.6%
Debt / equity
-62040.9×
Current ratio
0.7×
Free cash flow
-$9M
Tangible book value
-$20M
Cash & investments
$11M
Cash runway
5q
Stock comp / revenue
1.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Donohue Lilly | Grant | 4.1K | — |
| 2026-06-11 | Harris Benjamin P | Grant | 7.1K | — |
| 2026-06-11 | Levinson Sam | Grant | 6.4K | — |
| 2026-06-11 | KRUEGER JILL M | Grant | 4.1K | — |
| 2026-06-11 | Mauldin Stephen H | Grant | 4.1K | — |
| 2026-06-11 | Martin J Chandler | Grant | 4.1K | — |
| 2026-06-02 | Levy Max | Tax withheld | 1.8K | $32.75 |
| 2026-05-19 | Cober Timothy | Tax withheld | 346 | $36.94 |
| 2026-05-19 | Levy Max | Tax withheld | 1.4K | $36.94 |
| 2026-05-19 | Detz Kevin | Tax withheld | 2.0K | $36.94 |
| 2026-05-19 | Levy Max | Tax withheld | 1.4K | $36.94 |
| 2026-05-19 | Ribar Brandon | Tax withheld | 3.1K | $36.94 |
| 2026-05-19 | Bailey Tabitha | Tax withheld | 432 | $36.94 |
| 2026-05-13 | Harris Benjamin P | Sell | 2.5K | $37.46 |
| 2026-04-17 | Levy Max | Grant | 8.5K | — |
| 2026-04-17 | Bailey Tabitha | Grant | 4.8K | — |
| 2026-04-17 | Cober Timothy | Grant | 3.6K | — |
| 2026-04-17 | Detz Kevin | Grant | 13K | — |
| 2026-04-17 | Ribar Brandon | Grant | 23K | — |
| 2026-04-05 | Detz Kevin | Tax withheld | 4.5K | $32.18 |
| 2026-04-05 | Ribar Brandon | Tax withheld | 7.0K | $32.18 |
| 2026-04-05 | Cober Timothy | Tax withheld | 593 | $32.18 |
| 2026-03-11 | Simanovsky Michael | Option exercise | 97K | $32.00 |
| 2026-03-11 | Simanovsky Michael | Option exercise | 1.5M | $32.00 |
| 2026-03-11 | Simanovsky Michael | Buy | 1.8M | $26.74 |
| 2026-03-11 | Simanovsky Michael | Buy | 225K | $26.74 |
| 2026-03-11 | Simanovsky Michael | Buy | 88K | $26.74 |
| 2026-03-11 | Simanovsky Michael | Buy | 1.6M | $26.74 |
| 2026-03-09 | Detz Kevin | Tax withheld | 2.9K | $36.64 |
| 2026-03-09 | Cober Timothy | Disposition | 2.0K | — |
| 2026-03-09 | Cober Timothy | Tax withheld | 547 | $36.64 |
| 2026-03-09 | Detz Kevin | Disposition | 9.1K | — |
| 2026-03-09 | Ribar Brandon | Disposition | 14K | — |
| 2026-03-09 | Ribar Brandon | Tax withheld | 6.5K | $36.64 |
| 2025-12-09 | Bailey Tabitha | Tax withheld | 402 | $30.43 |
| 2025-09-05 | Ribar Brandon | Tax withheld | 809 | $25.80 |
| 2025-07-21 | Cober Timothy | Tax withheld | 187 | $24.83 |
| 2025-06-10 | Zibel Elliot R | Grant | 3.0K | — |
| 2025-06-10 | Lieberman Shmuel | Grant | 3.0K | — |
| 2025-06-10 | Beren Noah | Grant | 3.0K | — |
| 2025-06-10 | Harris Benjamin P | Grant | 3.0K | — |
| 2025-06-10 | Johnson David William | Grant | 3.0K | — |
| 2025-06-10 | KRUEGER JILL M | Grant | 3.0K | — |
| 2025-06-10 | Donohue Lilly | Grant | 3.0K | — |
| 2025-05-30 | Levy Max | Tax withheld | 1.7K | $24.40 |
| 2025-05-21 | Ribar Brandon | Buy | 4.0K | $24.67 |
| 2025-05-19 | Cober Timothy | Grant | 4.3K | — |
| 2025-05-19 | Levy Max | Grant | 12K | — |
| 2025-05-19 | Detz Kevin | Grant | 15K | — |
| 2025-05-19 | Ribar Brandon | Grant | 23K | — |
| 2025-05-19 | Bailey Tabitha | Grant | 5.3K | — |
| 2025-05-12 | Detz Kevin | Tax withheld | 655 | $24.70 |
| 2025-04-05 | Cober Timothy | Tax withheld | 570 | $21.74 |
| 2025-04-05 | Detz Kevin | Tax withheld | 2.7K | $21.74 |
| 2025-04-05 | Ribar Brandon | Tax withheld | 4.9K | $21.74 |
| 2025-04-05 | Karicher Michael | Tax withheld | 523 | $21.74 |
| 2025-03-12 | Ribar Brandon | Disposition | 15K | — |
| 2025-03-12 | Detz Kevin | Disposition | 12K | — |
| 2025-03-12 | Cober Timothy | Disposition | 3.5K | — |
| 2025-03-12 | Ribar Brandon | Disposition | 11K | — |
| 2025-01-17 | Fryar Michael | Tax withheld | 2.2K | $22.36 |
| 2025-01-17 | Fryar Michael | Disposition | 74K | — |
| 2025-01-10 | Simanovsky Michael | Buy | 27K | $21.31 |
| 2025-01-08 | Simanovsky Michael | Buy | 15K | $21.34 |
| 2024-12-31 | BRICKMAN DAVID R | Tax withheld | 1.7K | $22.74 |
| 2024-12-31 | BRICKMAN DAVID R | Disposition | 77K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-12 | Shareholder vote | filing ↗ |
| 2026-06-01 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-18 | Material agreementExhibits | filing ↗ |
| 2026-05-18 | ResultsReg FDExhibits | filing ↗ |
| 2026-05-13 | 1.02OtherExhibits | filing ↗ |
| 2026-05-11 | ResultsOtherExhibits | filing ↗ |
| 2026-04-22 | Exec/director change | filing ↗ |
| 2026-03-11 | Material agreement3.035.03Exhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-11 | 0001193125-26-268586 ↗ |
| 8-K | 2026-06-01 | 2026-06-01 | 0001193125-26-249799 ↗ |
| 8-K | 2026-05-18 | 2026-05-18 | 0001193125-26-229178 ↗ |
| 8-K/A | 2026-05-18 | 2026-05-11 | 0001043000-26-000023 ↗ |
| 8-K | 2026-05-13 | 2026-05-08 | 0001193125-26-221815 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001043000-26-000020 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0001043000-26-000016 ↗ |
| 8-K | 2026-04-22 | 2026-04-16 | 0001193125-26-168968 ↗ |
| 10-K | 2026-03-12 | 2025-12-31 | 0001043000-26-000009 ↗ |
| 8-K | 2026-03-11 | 2026-03-06 | 0001193125-26-101103 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001043000-26-000004 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001193125-26-102271 ↗ |