SIM Sponsor 1 LLC 4

4 · SIM Acquisition Corp. I · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

SIM Acquisition (SIMA) Sponsor — Manager Eric Newman Records No Acquisition

What Happened

SIM Sponsor 1 LLC, the company's sponsor and a 10% owner, filed a Form 4 reporting an "other acquisition or disposition" (transaction code J) dated January 28, 2026 showing 0 Class B ordinary shares acquired at $0.00 (derivative), total $0. No economic transfer of shares or cash occurred.
The filing reflects a change in the sponsor’s management: Eric Newman is identified as the manager of Conroy Partners LLC and holds voting and investment discretion over the ordinary shares held of record by the Sponsor.

Key Details

Transaction date: January 28, 2026; Form 4 filed Feb 19, 2026 (accession 0001213900-26-018523).
Reported transaction: Other acquisition/disposition (code J) — 0 shares at $0.00 (derivative), $0 value.
Shares owned after transaction: Not specified on this report.
Footnotes of note:
- Class B ordinary shares convert one-for-one into Class A ordinary shares upon the issuer’s initial business combination (no expiration).
- On Jan 28, 2026, certain investors acquired the Sponsor and its managing member; this filing reflects the new manager (Eric Newman), who may be deemed to have beneficial ownership but disclaims such ownership except to the extent of his pecuniary interest.
No indication this filing reports a market trade (no purchase/sale value); appears administrative rather than investment activity.

Context

This is an institutional/ sponsor-related filing (10% owner), not a routine executive buy/sell. The reported "0 shares" derivative entry and accompanying footnotes show corporate/managerial changes rather than a trading signal. Retail investors should treat this as an administrative disclosure, not an insider buy or sell.

Form 4

Period: 2026-01-28

10% Owner

Transactions

Other
Class B Ordinary Shares
[F1][F2]
2026-01-28+0→ 7,526,669 total
→ Class A Ordinary Shares (0 underlying)

Footnotes (2)

[F1]The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
[F2]On January 28, 2026, certain accredited investors acquired all of the membership interests in SIM Sponsor 1 LLC (the "Sponsor") and all of the membership interests of Conroy Partners LLC, the managing member of the Sponsor. This form is being filed to reflect the new manager of Conroy Partners LLC. Eric Newman is the manager of Conroy Partners LLC and holds voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, Mr. Newman may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Newman disclaims any beneficial ownership of the securities held of record by the Sponsor except to the extent of his pecuniary interest therein.

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