Karrmann Sandra R 4

What Happened
Sandra R. Karrmann, a director of The Joint Corp (JYNT), was granted 5,714 restricted shares on May 20, 2026. The Form 4 reports the acquisition at $0.00 per share (total $0), reflecting an award/grant (transaction code A) rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (filed within 2 business days, appears timely).
• Transaction type: Award/Grant (Code A).
• Shares acquired: 5,714 restricted shares; reported price $0.00; reported value $0.
• Vesting: Per footnote F1, all shares vest in full on the earlier of (i) May 20, 2027 or (ii) the date of the next annual meeting of stockholders.
• Shares owned after transaction: not specified in this Form 4.
• Exhibit: Exhibit 24 (Limited Power of Attorney) included.

Context
Restricted stock awards to directors are typically compensation and not an immediate buy/sell signal. These shares are subject to vesting conditions; there was no exercise or sale reported. The $0 reported acquisition price is common for restricted-share grants and does not necessarily reflect market value.