Mackey Ashley M 4
Research Summary
AI-generated summary
Sanara MedTech (SMTI) Controller Ashley Mackey Withholds 149 Shares for Taxes
What Happened
- Ashley M. Mackey, Controller of Sanara MedTech Inc. (SMTI), had 149 shares of company common stock withheld to satisfy tax withholding obligations in connection with the annual vesting of 502 restricted shares. The per-share value used was $19.90, for a withholding value of $2,965. No shares were sold or issued in this transaction.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (filed within the typical two-business-day window).
- Withheld shares: 149 at $19.90 per share — total $2,965 (reported).
- Vesting: 502 restricted shares vested; 149 were withheld for taxes.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The per-share value reflects the Nasdaq Capital Market price on the vesting date; this was a tax-withholding event (transaction code F), not an open-market sale.
Context
- This was a routine tax-withholding action tied to restricted stock vesting, not a market sale or purchase. Such withholdings are common and do not necessarily indicate the insider's view on the company's stock price.