Yon Seth D 4

What Happened
Yon Seth, CEO of Sanara MedTech Inc. (SMTI), had 491 shares of common stock withheld by the company on 2026-03-01 to satisfy tax withholding obligations related to the annual vesting of 1,446 restricted shares. The per-share value for the withholding was $20.44, producing a withholding value of $10,036. No shares were sold or issued in a market transaction as part of this action.

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-02 (filed the next day).
• Withheld: 491 shares at $20.44 per share; total value $10,036. Transaction code: F (tax withholding).
• Reason: To satisfy tax withholding on the annual vesting of 1,446 restricted shares previously granted.
• No open-market sale occurred — the issuer withheld shares to cover taxes.
• Shares owned after the transaction: not provided in the supplied filing details.
• Footnote: the per-share value reflects the Nasdaq price on the vesting date as reported by the issuer.

Context
This was a routine tax-withholding event tied to restricted stock vesting (not a purchase or a discretionary sale) and generally does not indicate a change in the insider’s view of the company. F-code transactions are common when vested awards trigger tax obligations; they are administrative rather than market-moving.