Michael Simanovsky and Conversant Capital LLC Sells $5.88M of Sonida Senior Living Inc (SNDA) — SEC Form 4, Aug 28, 2026

Open-Market Net Sale · SEC Form 4
−$5,884,403

Equity position changed by -1.1%

Reporting Owners
Director 10% Owner
Director 10% Owner
TXN 2026-08-27 · FILED 2026-08-28
Equity Position 13.6M sh 13,792,726 → 13,647,640
Equity Change -1.1% shares held after vs before
Filing Lag 1 business day within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2026-08-28
Report Date
2026-08-28
Accession No.
0000895345-26-000382
Accepted At
2026-08-28 01:35 UTC
Reporting Owners
Name Relationship
Michael Simanovsky CIK 0001596522
Director 10% Owner
Conversant Capital LLC CIK 0001850901
Director 10% Owner
Michael Simanovsky at Sonida Senior Living Inc Full insider history
Bought (12 mo) $100,000,006
Sold (12 mo) $10,646,186
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2026-08-25 Gift/Other — View
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2026-03-13 Buy +$100,000,006 View
All filings by this insider at Sonida Senior Living Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common StockF1F2 2026-08-25 S - Sale 115,000 D $40.71 -$4,681,823 254,447 Indirect See footnote
Common StockF3F2 2026-08-26 S - Sale 15,086 D $40.94 -$617,580 239,361 Indirect See footnote
Common StockF2 2026-08-27 S - Sale 15,000 D $39.00 -$585,000 224,361 Indirect See footnote
Non-Derivative Holdings
Title Shares Held Ownership
Common StockF4F5 6,857,823 Indirect See footnotes
Common StockF4F6 807,115 Indirect See footnotes
Common StockF4F7 1,032,216 Indirect See footnotes
Common StockF4F8 648,942 Indirect See footnotes
Common StockF9F10 3,199,998 Indirect See footnotes
Common StockF9F11 224,829 Indirect See footnotes
Common StockF9F12 652,356 Indirect See footnotes
Footnotes (12)
F1
Price is the volume weighted average selling price of all sales by the seller on the indicated transaction date. Actual prices ranged from $40.50 to $41.00. The Reporting Persons (as defined below) hereby undertake to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Show more
F2
The changes in beneficial ownership reported hereby are a result of various sales made by a third-party seller that was previously a limited partner of CPIF Sparti SAF, L.P., a Delaware limited partnership ("CPIF SAF"), and received a distribution of shares of Common Stock in connection with its withdrawal from CPIF SAF. Conversant Capital LLC ("Conversant Capital") has a non-discretionary investment advisory relationship with, and an ongoing interest in the proceeds of the sale of shares of Common Stock by the third-party seller of these shares of Common Stock. By virtue of this advisory relationship and the relationship of Mr. Simanovsky and Conversant Capital, each of Conversant Capital and Mr. Simanovsky may be deemed a beneficial owner of such shares of Common Stock, but each disclaims such beneficial ownership except to the extent of his or its pecuniary interest therein. Mr. Simanovsky and Conversant Capital are referred to as the "Reporting Persons" within this statement. Show more
F3
Price is the volume weighted average selling price of all sales by the seller on the indicated transaction date. Actual prices ranged from $40.50 to $41.40. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Show more
F4
Conversant GP Holdings LLC ("Conversant GP") is the general partner of each of Conversant Dallas Parkway (A) LP, a Delaware limited partnership ("Investor A"), Conversant Dallas Parkway (B) LP, a Delaware limited partnership ("Investor B"), Conversant Dallas Parkway (D) LP, a Delaware limited partnership ("Investor D"), and Conversant Dallas Parkway (F) LP, a Delaware limited partnership ("Investor F"). Conversant Capital is the investment manager to each of Investor A, Investor B, Investor D, and Investor F. Mr. Simanovsky is the managing member of Conversant Capital and Conversant GP. By virtue of these relationships, each of Mr. Simanovsky and Conversant Capital may be deemed a beneficial owner of these securities, but each disclaims such beneficial ownership except to the extent of his or its pecuniary interest therein. Show more
F5
Securities are held by Investor A. Show more
F6
Securities are held by Investor B. Show more
F7
Securities are held by Investor D. Show more
F8
Securities are held by Investor F. Show more
F9
Conversant Private GP LLC ("Conversant Private GP") is the general partner of CPIF K Co-Invest SPT A, L.P., a Cayman Islands exempted limited partnership ("CPIF K"), Conversant PIF Aggregator A LP, a Delaware limited partnership ("Aggregator A") and CPIF SAF. Conversant Capital is the investment manager to each of Aggregator A, CPIF K and CPIF SAF. Mr. Simanovsky is the managing member of Conversant Capital and Conversant Private GP. By virtue of these relationships, each of Mr. Simanovsky and Conversant Capital may be deemed a beneficial owner of these securities, but each disclaims such beneficial ownership except to the extent of his or its pecuniary interest therein. Show more
F10
Securities are held by Aggregator A. Show more
F11
Securities are held by CPIF K. Show more
F12
Securities are held by CPIF SAF. Show more
Remarks

Michael Simanovsky, Conversant Capital's Managing Partner, and Robert T. Grove, a Principal of Conversant Capital, serve as members of the Issuer's board of directors. On the basis of the relationship between Messrs. Simanovsky and Grove and the Reporting Persons, each of the Reporting Persons may be considered a director of the Issuer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

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