Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Simanovsky Michael 2. Issuer Name and Ticker or Trading Symbol SONIDA SENIOR LIVING, INC. [SNDA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 25 DEFOREST AVENUE, 3RD FLOOR 3. Date of Earliest Transaction (Month/Day/Year) 03/11/2026 (Street) SUMMIT, NJ 07901 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/11/2026 P 1,592,406 A $26.74 3,199,998 I See footnotes(1)(2)(3) Common Stock 03/11/2026 P 87,530 A $26.74 5,353,689 I See footnotes(1)(4)(5) Common Stock 03/11/2026 P 224,829 A $26.74 224,829 I See footnotes(3)(9) Common Stock 03/11/2026 P 1,834,951 A $26.74 1,834,951 I See footnotes(3)(10) Common Stock 03/11/2026 M 1,504,134 A $32 6,857,823 I See footnotes(4)(5) Common Stock 03/11/2026 M 97,371 A $32 807,115 I See footnotes(5)(6) Common Stock 1,032,216 I See footnotes(5)(7) Common Stock 648,942 I See footnotes(5)(8)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Series A Convertible Preferred Stock

$40

03/11/2026

D

38,742

11/03/2021

(11)

Common Stock

1,203,308

(12)

0

I

See footnotes(4)(5)

Series A Convertible Preferred Stock

$40

03/11/2026

D

2,508

11/03/2021

(11)

Common Stock

77,897

(12)

0

I

See footnotes(5)(6)

Series A Convertible Preferred Stock

$32

03/11/2026

A

38,742

03/11/2026

(11)

Common Stock

1,504,134

(12)

38,742

I

See footnotes(4)(5)

Series A Convertible Preferred Stock

$32

03/11/2026

A

2,508

03/11/2026

(11)

Common Stock

97,371

(12)

2,508

I

See footnotes(5)(6)

Series A Convertible Preferred Stock

$32

03/11/2026

M

38,742

03/11/2026

(11)

Common Stock

1,504,134

$ 0

0

I

See footnotes(4)(5)

Series A Convertible Preferred Stock

$32

03/11/2026

M

2,508

03/11/2026

(11)

Common Stock

97,371

$ 0

0

I

See footnotes(5)(6)

Warrant

$40

03/11/2026

D

968,538

11/03/2021

11/03/2026

Common Stock

968,538

(12)

0

I

See footnotes(4)(5)

Warrant

$40

03/11/2026

D

62,712

11/03/2021

11/03/2026

Common Stock

62,712

(12)

0

I

See footnotes(5)(6)

Warrant

$40

03/11/2026

A

968,538

03/11/2026

11/03/2027

Common Stock

968,538

(12)

968,538

I

See footnotes(4)(5)

Warrant

$40

03/11/2026

A

62,712

03/11/2026

11/03/2027

Common Stock

62,712

(12)

62,712

I

See footnotes(5)(6)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Simanovsky Michael 25 DEFOREST AVENUE 3RD FLOOR SUMMIT, NJ 07901	X	X
Conversant Capital LLC 25 DEFOREST AVENUE 3RD FLOOR SUMMIT, NJ 07901	X	X
Conversant GP Holdings LLC 25 DEFOREST AVENUE, 3RD FLOOR SUMMIT, NJ 07901	X	X
Conversant Dallas Parkway (A) LP 25 DEFOREST AVENUE 3RD FLOOR SUMMIT, NJ 07901	X	X
Conversant Dallas Parkway (B) LP 25 DEFOREST AVENUE 3RD FLOOR SUMMIT, NJ 07901	X	X
Conversant Private GP LLC 25 DEFOREST AVENUE 3RD FLOOR SUMMIT, NJ 07901	X	X
Conversant PIF Aggregator A, LP 25 DEFOREST AVENUE 3RD FLOOR SUMMIT, NJ 07901	X	X

Signatures

MICHAEL J. SIMANOVSKY by: /s/ Paul Dumaine, Attorney-in-fact for Michael J.Simanovsky		03/13/2026
**Signature of Reporting Person		Date
CONVERSANT CAPITAL LLC by: /s/ Paul Dumaine, General Counsel and Chief Compliance Officer		03/13/2026
**Signature of Reporting Person		Date
CONVERSANT GP HOLDINGS LLC by: Conversant GP Holdings LLC, its general partner by: /s/ Paul Dumaine, General Counsel and Chief Compliance Officer		03/13/2026
**Signature of Reporting Person		Date
CONVERSANT DALLAS PARKWAY (A) LP by: Conversant GP Holdings LLC, its general partner by: /s/ Paul Dumaine, General Counsel and Chief Compliance Officer		03/13/2026
**Signature of Reporting Person		Date
CONVERSANT DALLAS PARKWAY (B) LP by: Conversant GP Holdings LLC, its general partner by: /s/ Paul Dumaine, General Counsel and Chief Compliance Officer		03/13/2026
**Signature of Reporting Person		Date
CONVERSANT PRIVATE GP LLC by: /s/ Paul Dumaine, General Counsel and Chief Compliance Officer		03/13/2026
**Signature of Reporting Person		Date
CONVERSANT PIF AGGREGATOR A LP by: Conversant Private GP LLC, its general partner by: /s/ Paul Dumaine, General Counsel and Chief Compliance Officer		03/13/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This Form 4 is being filed jointly by Michael Simanovsky, a United States citizen; Conversant Capital LLC, a Delaware limited liability company ("Conversant Capital"); Conversant GP Holdings LLC, a Delaware limited liability company ("Conversant GP"); Conversant Dallas Parkway (A) LP, a Delaware limited partnership ("Investor A"); Conversant Dallas Parkway (B) LP, a Delaware limited partnership ("Investor B"); Conversant Private GP LLC, a Delaware limited liability company ("Conversant Private GP") and Conversant PIF Aggregator A LP, a Delaware limited partnership ("Aggregator A") (collectively the filing persons are the "Reporting Persons").
(2)	Securities are held by Aggregator A.
(3)	Conversant Private GP is the general partner of Aggregator A, CPIF K Co-Invest SPT A, L.P., a Cayman Islands exempted limited partnership ("CPIF K") and CPIF Sparti SAF, L.P., a Delaware limited partnership ("CPIF SAF") and Conversant Capital is the investment manager to 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, Conversant Capital and Conversant Private GP may be deemed a beneficial owner of the securities held by Aggregator A, CPIF K and CPIF SAF. Mr. Simanovsky, Conversant Capital and Conversant Private GP, each disclaims beneficial ownership of the securities held by Aggregator A, CPIF K and CPIF SAF except to the extent of his or its pecuniary interest therein.
(4)	Securities are held by Investor A.
(5)	Conversant GP is the general partner of each of Investor A, 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, Conversant Capital and Conversant GP may be deemed a beneficial owner of the securities held by each of Investor A, Investor B, Investor D and Investor F. Mr. Simanovsky, Conversant Capital, and Conversant GP each disclaims beneficial ownership of the securities held by Investor A, Investor B, Investor D and Investor F except to the extent of his or its pecuniary interest therein.
(6)	Securities are held by Investor B.
(7)	Securities are held by Investor D.
(8)	Securities are held by Investor F.
(9)	Securities are held by CPIF K.
(10)	Securities are held by CPIF SAF.
(11)	There is no expiration date for the right of the holder of Series A Convertible Preferred Stock to convert.
(12)	On March 11, 2026, the Issuer agreed with each of Investor A and Investor B to (i) amend the shares of Series A Convertible Preferred Stock to reduce the conversion price to $32 per share of Common Stock, (ii) make a onetime payment of approximately $5.8 million in the aggregate, which included approximately $1.1 million of accrued but unpaid dividends for the period of January 1, 2026 through March 11, 2026, to Investor A and Investor B pro rata in accordance with their holdings of Series A Convertible Preferred Stock, and (iii) extend the expiration of the Warrants by one year, from November 3, 2026 to November 3, 2027, and each of Investor A and Investor B agreed to immediately thereafter convert its shares of Series A Convertible Preferred Stock to shares of Common Stock.
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 Person, the Reporting Person 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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