Form 4: Sonida Senior Living Executive Timothy Cober Reports Stock Transaction
SEC Form 4 Filing
Timothy Cober, VP & Chief Accounting Officer of Sonida Senior Living, reports disposition of shares to cover tax obligations.
Summary
- On July 22, 2024, Timothy Cober, VP & Chief Accounting Officer of Sonida Senior Living, Inc. (SNDA), reported a transaction involving the company's common stock.
- Cober disposed of 171 shares of common stock at a price of $29.41 per share to satisfy tax withholding obligations upon the vesting of restricted stock.
- Following the transaction, Cober directly owns 42,588 shares and indirectly owns 3,430 shares through the Cober Revocable Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and prospects.
Key Dates
| Date | Description |
|---|---|
| 07/22/2024 | Date of stock transaction |
| 07/23/2024 | Date of signature |
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