Mauldin Stephen H sold NONE
March 10, 2026 · Form 4 insider transaction
Mauldin Stephen H sold 6,133 shares of NONE, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
These shares were disposed of pursuant to the Agreement and Plan of Merger, dated as of November 4, 2025, by and among CNL Healthcare Properties, Inc. (the Company ), Sonida Senior Living, Inc. ("SNDA"), SSL Sparti LLC, a wholly owned subsidiary of SNDA ("Holdco"), SSL Sparti Property Holdings Inc., a wholly owned subsidiary of Holdco (f/k/a Sparti Merger Sub, Inc.), and CHP Merger Corp., a wholly owned subsidiary of the Company (as amended from time to time, the "Merger Agreement"). In connection with the closing of the transactions contemplated by the Merger Agreement, for each share of the Company's common stock held by the reporting person, the reporting person received (i) on March 10, 2026, 0.1318 of a share of SNDA common stock and cash in lieu of fractional shares and (ii) on March 11, 2026, $2.32 in cash,; (Continued from footnote 1) for a total consideration of $4.74 per share based on the Closing VWAP (as defined in the Mer-ger Agreement) for the ten-day period ending on March 6, 2026 and subject to the collar mechanism described therein.