Robert M. Thornton Jr - Aug 14, 2025 Form 4 Insider Report for SUNLINK HEALTH SYSTEMS INC (SSY)

Role: Former Dir, Chmn, CEO & Pres
Signature: M. Timothy Elder, pursuant to a power of attorney
Stock symbol: SSY
Transactions as of: Aug 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 8/14/2025, 05:37 PM
Previous filing: Oct 23, 2023
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
THORNTON ROBERT M JR	Former Dir, Chmn, CEO & Pres	900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA	M. Timothy Elder, pursuant to a power of attorney	2025-08-14	0001137608

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSY	Common Stock	Disposed to Issuer		-555K	-100%		0	Aug 14, 2025	See Footnote 2	F1, F2
transaction	SSY	Common Stock	Disposed to Issuer		-5K	-100%		0	Aug 14, 2025	By IRA	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Robert M. Thornton Jr is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	At the effective time of the merger (the "Effective Time") between SunLink Health Systems, Inc. ("SunLink") and Regional Health Properties, Inc. ("Regional"), each five shares of Common Stock, no par value per share, of SunLink held by the Reporting Person prior to the Effective Time were converted into the right to receive (i) 1.1330 shares of Common Stock, no par value per share, of Regional, and (ii) one share of Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares, no par value per share, of Regional.
F2	Owned by CareVest Capital, L.L.C. ("CareVest"). Mr. Thornton owns 100% of the outstanding voting shares of CareVest and is reporting CareVest's total direct holdings of SunLink shares.

Content

At the effective time of the merger (the "Effective Time") between SunLink Health Systems, Inc. ("SunLink") and Regional Health Properties, Inc. ("Regional"), each five shares of Common Stock, no par value per share, of SunLink held by the Reporting Person prior to the Effective Time were converted into the right to receive (i) 1.1330 shares of Common Stock, no par value per share, of Regional, and (ii) one share of Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares, no par value per share, of Regional.

Owned by CareVest Capital, L.L.C. ("CareVest"). Mr. Thornton owns 100% of the outstanding voting shares of CareVest and is reporting CareVest's total direct holdings of SunLink shares.