Sonida Senior Living Inc.

04/22/2026 | Press release | Distributed by Public on 04/22/2026 07:19

Management Change/Compensation (Form 8-K)

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Resignation of Mr. Lieberman as a Director; Appointment of Mr. Levinson as a Director

On April 16, 2026, Shmuel S.Z. Lieberman, an independent director of the Board of Directors (the "Board") of Sonida Senior Living, Inc. (the "Company"), notified the Board of his resignation from his position as an independent director of the Board effective April 27, 2026. There is no disagreement between Mr. Lieberman and the Company on any matter relating to the Company's operations, policies or practices.

Upon receipt of Mr. Lieberman's notice, on April 16, 2026, the Board appointed Sam Levinson to the Board as a Class II director of the Company, effective April 27, 2026, for a term scheduled to expire, along with the Company's other Class II directors, at the Company's 2026 annual meeting of stockholders. Mr. Levinson's appointment was made to fill the vacancy in the Class II directors of the Board resulting from Mr. Lieberman's resignation. Additionally, Mr. Levinson was appointed to the Board's Compensation Committee.

Mr. Levinson will serve as a director designee of Silk Partners LP ("Silk"), a stockholder of the Company, pursuant to the terms of the Amended and Restated Investor Rights Agreement (the "Investor Rights Agreement"), dated as of March 10, 2026, by and among the Company, certain affiliates of Conversant Capital LLC (the "Conversant Parties") and Silk. The Board has determined that Mr. Levinson qualifies as an independent director under the listing standards of the New York Stock Exchange.

The information set forth under Item 1.01 of the Company's Current Report on Form 8-K filed with the SEC on November 5, 2025 with respect to the Investor Rights Agreement, the Amended and Restated Registration Rights Agreement by and among the Company, Conversant Parties, Silk and PF Investors, LLC dated as of March 10, 2026, and the Investment Agreement by and between the Company and Silk dated as of November 4, 2025 is incorporated into this Item 5.02 by reference. In addition, the information set forth under Item 1.01 of the Company's Current Report on Form 8-K filed with the SEC on February 6, 2024 with respect to the Securities Purchase Agreement by and among the Company, Silk, certain affiliates of Conversant Capital LLC and the other investors party thereto, dated February 1, 2024, is incorporated into this Item 5.02 by reference. There are no other transactions involving Mr. Levinson, Silk or Silk's affiliates that are required to be disclosed in this Current Report on Form 8-K pursuant to Item 404(a) of Regulation S-K.

Sonida Senior Living Inc. published this content on April 22, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 22, 2026 at 13:19 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]