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
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
More from this insider at Sonida Senior Living Inc
| 2026-09-04 | Gift/Other | — | View |
| 2026-09-02 | Sell | -$4,761,783 | View |
| 2026-08-25 | Gift/Other | — | View |
| 2026-08-11 | Exercise | — | View |
| 2026-03-13 | Buy | +$100,000,006 | View |
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.
Show moreRelated filings at Sonida Senior Living Inc
Institutional Holders
13F holders · Jun 30, 2026
231
institutional managers reporting a position
Largest by reported value
- Conversant Capital Llc $596M
- Capital International Investors $134M
- Pertento Partners Llp $96.9M
5%+ Holders · 13D/G
4 filers
-
Conversant Capital Llc 29.5%
-
Sam Levinson 6.7%
Other insiders at Sonida Senior Living Inc
GET /v1/forms/4/0000895345-26-000382
API docs
View Original SEC Filing