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SNDA - Sonida Senior Living, Inc.

Insider Purchase by Simanovsky Michael (Dir, 10%)

1 Month
After Trade
Before Trade

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Trade Summary

4 days ago, Simanovsky Michael, serving as Dir, 10% owner at Sonida Senior Living, Inc. (SNDA), purchased 3,739,716 shares at $26.74 per share, for a total transaction value of $100,000,006.00. Following this transaction, Simanovsky Michael now holds 2,488,273 shares of SNDA.

This purchase represents a 299.00% decrease in Simanovsky Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, March 11, 2026 and publicly disclosed via SEC Form 4 filing on Friday, March 13, 2026, 2 days after the trade was made.

Sonida Senior Living, Inc. operates in the HEALTHCARE sector, specifically within the MEDICAL CARE FACILITIES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Simanovsky Michael

Dir, 10%

Michael J. Simanovsky is the Founder and Chief Investment Officer of Conversant Capital LLC, a real estate-focused investment firm he established in 2020[[1]](https://www.insidermonkey.com/hedge-fund/conversant+capital/1515/)[[2]](https://fintool.com/app/research/companies/SNDA/people/michael-simanovsky). He holds a BA in Economics from Emory University (2005)[[1]](https://www.insidermonkey.com/hedge-fund/conversant+capital/1515/) and brings substantial investment experience across public and private real assets, including expertise in senior living, lodging, gaming, and digital infrastructure[[2]](https://fintool.com/app/research/companies/SNDA/people/michael-simanovsky). Prior to founding Conversant Capital, Simanovsky served as a Partner at Senator Investment Group from 2011 to 2020, where he led opportunistic real estate investing across the capital structure[[1]](https://www.insidermonkey.com/hedge-fund/conversant+capital/1515/)[[2]](https://fintool.com/app/research/companies/SNDA/people/michael-simanovsky). Earlier in his career, he held investment roles at Cerberus Capital Management LP and Rothschild & Co. Asset Management US, Inc.[[1]](https://www.insidermonkey.com/hedge-fund/conversant+capital/1515/) Currently, Simanovsky serves as Chairman of Quintasen Holdings LLC and holds directorships at K2 Towers REIT LLC, DFI Capital, Inc., Valet Manager, Inc., and Select Dental Management LLC[[1]](https://www.insidermonkey.com/hedge-fund/conversant+capital/1515/). As of January 2025, he is a director and approximately 10% owner of Sonida Senior Living Inc. (SNDA), with an estimated ownership stake of 1.6 million shares[[3]](https://www.gurufocus.com/insider/167798/michael-simanovsky)[[4]](https://www.quiverquant.com/insiders/1596522/MICHAEL-SIMANOVSKY)[[5]](https://www.nasdaq.com/articles/insider-purchase-director-snda-snda-buys-27111-shares). Through Conversant Capital, which owns a majority stake in Sonida (54.6%), Simanovsky is positioned to assume the role of Board Chair upon completion of the CHP Merger[[2]](https://fintool.com/app/research/companies/SNDA/people/michael-simanovsky). His insider trading activity in SNDA reflects significant continued investment, including a purchase of 127,218 shares in October 2024 and additional purchases in early 2025[[4]](https://www.quiverquant.com/insiders/1596522/MICHAEL-SIMANOVSKY)[[5]](https://www.nasdaq.com/articles/insider-purchase-director-snda-snda-buys-27111-shares).

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Trade Price

$26.74

Quantity

3,739,716

Total Value

$100,000,006.00

Shares Owned

2,488,273

Trade Date

Wednesday, March 11, 2026

4 days ago

SEC Filing Date

Friday, March 13, 2026

Filed 2 days after trade

HEALTHCAREMEDICAL CARE FACILITIES

About Sonida Senior Living, Inc.

Company Overview

No company information available
View news mentioning SNDA

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